Coinmetrics report: #bitcoin mining faces turbulence in Q2 2024
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CleanSpark mined 445 Bitcoin (BTC) in June and grew its hash rate above 20 EH/s on the back of its recent expansion in Georgia. The mining firm’s June performance results, published On July 2, also […]
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Bitcoin miner Bitfarms reported an increase in Bitcoin production for June following an overall capacity upgrade. According to its latest monthly production report, Bitfarms’s BTC production rose 21% month-on-month to 189 BTC in June, up […]
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Bitcoin miner Hut 8 revealed that it would receive a $150 million convertible note investment from Coatue Management, a technology-focused investment management firm. Data center expansion Hut 8 said the funds would accelerate the growth […]
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Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June 19. The bill, HB 488, prevents governing authorities from accepting or requiring payments in CBDCs. […]
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Bitcoin miner Marathon Digital is diversifying its revenue by mining Kaspa, a proof-of-work (PoW) layer 1 blockchain network. The miner said it became interested in Kaspa in May 2023 when its internal analysis revealed diversifying […]
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