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$11.9 million

Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn

Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market DownturnWhile bitcoin is down more than 72% from the crypto asset’s all-time high, bitcoin mining operations are expanding at a rapid pace during the downturn. On Tuesday, the bitcoin miner Cleanspark said its hashrate has surpassed 4 exahash per second (EH/s), and the Texas mining company Rhodium revealed it raised $11.9 million, according to a […]

US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets