Public Bitcoin miners secured $2B in financing ahead of halving
Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May. Go to Source
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Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May. Go to Source
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf’s Nazar Khan. Go to Source
Approximately $181,000 worth of crypto assets was drained from Yield Protocol’s strategic contracts present on the Arbitrum blockchain. Go to Source
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging, with the network’s difficulty reaching an all-time high of 88.10 trillion. This complexity, coupled … Read more
The renowned ‘epic satoshi’ from the fourth halving block, also known as Sat # 1,968,750,000,000,000, fetched a price of 33.3 bitcoins, valued at just over $2.13 million on Thursday afternoon Eastern Standard Time. This satoshi, the smallest denomination of BTC, was sold for an astonishing 338 billion percent more than the typical value of a … Read more
Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc. This event, marking Sat # 1,968,750,000,000,000, commenced with a starting bid of 1 bitcoin. Following ten subsequent bids, the highest offer has reached 2 bitcoins ($132,298). This heightened interest in the rare satoshi is tied … Read more
At 8:09 p.m. ET on April 19, 2024, the mining pool Viabtc successfully excavated block 840,000. This block notably encompassed 37.625 bitcoins from transaction fees, alongside a 3.125 bitcoin reward. This significant block also included a rare bitcoin element known as the “epic sat,” which some estimations value highly. On Monday, Viabtc Group’s exchange Coinex … Read more
Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin. Go to Source
The company still mined five times more Bitcoin than in August 2022, producing 1,072 last month, and said unfavorable weather conditions caused the decrease from July. Go to Source
Company requests the use of Tire Derived Fuel, citing the United States Environmental Protection Agency’s approval to use this kind of energy source at other industrial facilities in the state. Go to Source