Tag: Bitcoin mining

Cryptory.net - The recent decline in the price of Bitcoin to $35,000 can be attributed to several factors, including a decrease in U.S. inflation, economic challenges faced by China, and uncertainties surrounding regulations.

Cryptory.net - According to data from Blockchain.com, Bitcoin mining revenue achieved a new annual peak on November 9, amounting to $42,386,514.038. This surpasses the previous high of $41,744,197.067 recorded in May 2023.

Stronghold Digital Mining Co. is a trailblazer in the cryptocurrency industry, forging its own unique path. Trading on the NASDAQ under the ticker SDIG, the company proudly identifies as an 'environmental power company,' harnessing the power of Bitcoin mining to promote its eco-conscious agenda.

Cryptory.net - Yi Xiao, a former provincial official in Jiangxi province, has been accused of abusing his power to facilitate crypto mining.

The firm's self-mining capacity will be boosted by 7.6 EH/s with the addition of the new rigs. However, these rigs are scheduled to be installed only in the first quarter of 2024.

It seems like Bitcoin mining stocks are doing better than tech stocks and indexes this year, likely due to BTC's 80% increase.

Cryptory.net - This is the second time MicroStrategy bought Bitcoin in just a few days, sending the total number of Bitcoins the company holds to 140,000.

After a year in the red, the crypto market is showing positive signs as all indicators related to Bitcoin network activity are spiking.

Cryptory.net - Core Scientific, one of the largest publicly listed Bitcoin miners in the US, is filing for Chapter 11 bankruptcy.