Bookmarking Crypto Insights
Auto Added by WPeMatico
As U.S. and European equities faltered on Monday amid a surge of interest in the artificial intelligence (AI) platform Deepseek, publicly traded bitcoin mining companies faced significant setbacks during the market downturn. Bitcoin Mining Stocks Suffer Heavy Losses A total of 32 publicly traded mining firms endured sharp declines yesterday, largely attributed to the market … Read more
Rosseti, Russia’s electric grid operator, is exploring crypto mining to utilize electricity from power plants with low consumption. This could involve building mining centers and potentially coordinating their placement nationwide. Boosting Rosseti’s Revenues The Russian electric grid operator, Rosseti, is reportedly interested in establishing crypto mining centers powered by power plants with low utilization rates. … Read more
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the possible connection between bitcoin mining and oil in Latam, and how companies can benefit by combining these two operations. Latam Insights Encore: Bitcoin Mining Poised to Thrive as Oil Companies … Read more
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, Petrobras starts researching bitcoin mining, Brazil probes World, and Berkshire Hathaway increases Nubank’s holdings. Brazilian Oil Giant Petrobras Starts Looking Into Bitcoin Mining Bitcoin mining is starting … Read more
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth. Miners Exceed 35% Network Share The following guest post … Read more
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions. Brazilian State-Owned Company Petrobras Researches Bitcoin Mining Integration Bitcoin mining is starting to be considered by large oil companies in … Read more
As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar as Hashprice Climbs Miners have seen a marked increase in profitability as BTC exceeded the $105,000 … Read more
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is procured from … Read more
Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s. Bitcoin’s Difficulty Increases, Hashrate Falters Since block height 878,976 was mined, the … Read more
Over the past year, leading manufacturers of application-specific integrated circuit (ASIC) bitcoin mining rigs have introduced a range of cutting-edge devices. Many of these rigs are quickly snapped up by major mining enterprises, often disappearing from shelves shortly after release. Below is an exploration of the availability of these bitcoin miners for the average enthusiast—a … Read more
