Riot revenue rises 65% from 2023 but says hashrate plans hampered
Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility. Go to Source
Hash rate
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TeraWulf sells its 25% stake in Nautilus Cryptomine for $92M
TeraWulf said it will use the proceeds to buy cheaper Bitcoin miners and expand its AI and high-performance computing streams. Go to Source
CleanSpark’s mining expansion continues with Wyoming facilities
The US miner is now the second-largest by market cap, after flipping Riot Platforms. Go to Source
Riot Platform buys Kentucky-based Block Mining for $93M
Riot says the deal will immediately add one exahash per second to its self-mining hashrate and expands its footprint in the United States. Go to Source
Hive Digital to expand operations to Paraguay for the first time
Bitcoin miner Hive Digital has plans to build a 100-megawatt mining facility in Paraguay powered by the nation’s Itaipu hydroelectric dam. Go to Source
Bitcoin mining difficulty hits lowest level since March as price tops $57K
The drop in mining difficulty should spell relief for the largest mining firms. Go to Source
Bitcoin hashrate drawdown reaches December 2022 levels
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Go to Source
‘Survival games’ as Bitcoin hash price skirts near all-time low
Despite the hash price crash, most Bitcoin mining machines remain profitable for the time being. Go to Source
Bitcoin miner reserves drop to lowest in 14 years
Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time high. Go to Source
Bitcoin breaks 18-month hashrate uptrend. Are BTC miners capitulating?
Despite the drop in hash rate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000. Go to Source
