Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover

December 17, 2024 Bitcoin.com

The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals […]

US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Bitcoin Breaks Barriers: Network Hashrate Smashes 800 EH/s as BTC Eyes New Price Highs

December 15, 2024 Bitcoin.com

Bitcoin

According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on the seven-day simple moving average (SMA). The network’s computing might has hit a record-breaking high of 805 EH/s. Bitcoin Hashrate Hits Record-Breaking 805 EH/s Over the weekend, bitcoin (BTC) has stayed comfortably above the $100,000 […]

US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Bitcoin Mining Giant Riot Platforms Adds More Than $510,000,000 Worth of BTC to Corporate Treasury

December 14, 2024 The Daily Hodl

Bitcoin

Publicly traded Bitcoin (BTC) mining firm Riot Platforms just added a massive amount of the flagship crypto to its corporate treasury. In a new announcement, Riot says it used company-issued bonds to generate revenue to purchase 5,117 BTC at an average price of $99,669 per token. “With the net proceeds from Riot’s recent $525 million, […]

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US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Bitcoin miners earned just 3.6% of record $2T market cap — Analysis

December 13, 2024 Coin Telegraph

Bitcoin

BTC miners have reaped the benefits in 2024, but their earnings are tiny compared to Bitcoin’s giant market cap.

Bitcoin (BTC) miners have earned over $70 billion since the Bitcoin network was created.

As calculated by onchain analytics resource Glassnode in an analysis released on Dec. 11, Bitcoin users have paid miners $71.49 billion.

Bitcoin at $100,000 is a lucrative opportunity for miners, but looking back over the industry’s history, surprising figures stand out.

US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt

December 11, 2024 Bitcoin.com

Bitcoin mining

Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million. These ASIC […]

US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi

December 10, 2024 Bitcoin.com

Bitcoin

Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With Advanced Whatsminer Machines The fresh lineup, unveiled in a press release shared with theminermag.com, features the air-cooled M60S++, the hydro-cooled M63S++, and […]

US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Riot Platforms to Raise Funds for Bitcoin Acquisition

December 9, 2024 Bitcoin.com

bitcoin.com

Riot Platforms, Inc. announced a proposed $500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate initiatives. Riot Announces $500 Million Private Note Offering Riot Platforms, Inc. (Nasdaq: RIOT), a bitcoin mining company, disclosed plans for a $500 million private offering of convertible senior notes due 2030. The offering, subject to […]

US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

From Energy Efficiency to Profitability: The Machines That Rule Bitcoin Mining

December 9, 2024 Bitcoin.com

Bitcoin

With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from block rewards. As 2025 draws nearer, it’s worth exploring the leading application-specific integrated circuit (ASIC) bitcoin miners available today and anticipating the new releases slated for next year. Hashing Powerhouses Bitcoin mining has undergone a […]

US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Marathon Digital Acquires Over $270,000,000 Worth of Bitcoin (BTC) Following Convertible Note Offer: Lookonchain

December 9, 2024 The Daily Hodl

Bitcoin

New data from market intelligence firm Lookonchain reveals that Bitcoin (BTC) mining company Marathon Digital accumulated hundreds of millions of dollars worth of the crypto king following a convertible note offer. In a thread on the social media platform X, Lookonchain finds that Marathon Digital initially acquired nearly $140 million worth of Bitcoin after closing its […]

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US Judge Deems SEC’s Order To Deny Coinbase Rulemaking Petition ‘Arbitrary and Capricious’

Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates

December 5, 2024 Bitcoin.com

Bitcoin mining

Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting at 0.4%. Bitfufu Expands Services With Low-Commission Bitcoin Mining Pool The service, set to roll out next week, will be accessible via the Bitfufu app and is exclusively focused on Bitcoin mining. The company, Bitfufu […]

Mining

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