Bitcoin Miners Could Face Crisis After BTC Price Falls 50% From Peak
In brief Bitcoin crashed below $63,000 on Thursday, while estimated mining costs range from $60K-$80K. Public miners’ production costs range from $39K (Iris Energy) to...
Tag : Miners
Bitcoin Miners IREN and CleanSpark Slide After Earnings Misses Deepen Sector Pressure
In brief IREN and CleanSpark shares fell sharply after both companies missed revenue estimates in their latest earnings reports. The results landed as Bitcoin contines...
Bitcoin Hashrate Falls 12% After US Winter Storms Hit Miners
Bitcoin mining activity has suffered its sharpest setback in more than four years after severe winter storms across the United States forced large operators to...
Bitcoin Mining Profits Hit 14-Month Low After Winter Storm Rocks Miners: CryptoQuant
In brief The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant. The metric measures the price of Bitcoin versus the profitability...
Bitcoin’s Falling Price Puts Miners on Edge
In brief The falling price of Bitcoin is at risk of making Bitcoin mining unprofitable in the United States, depending on energy rates. Other countries...
Bitcoin miners brace for major ice storm across southern US
A winter storm threatening to pelt most of the southern US with ice and heavy snow this weekend could see Bitcoin miners curtail their operations...
Lightning Strikes Twice as Solo Bitcoin Miners Beat the Odds, Each Earning $300K
In brief Two solo Bitcoin miners independently mined blocks and won rewards of about $300K each. Full payouts are rare amid mining pool dominance, but...
Strategy, BitMine Rise While Bitcoin Miners Surge—As BTC Inches Towards $100K
In brief Bitcoin mining stocks rally as BTC topped $97,000, hitting its highest price since November. Crypto treasury firms like Strategy and BitMine also rose...