This cryptocurrency lending platform, Maple, has established a $300 million credit fund for Bitcoin miners, charging rates on their loans that can be as high as 20%. Exactly...
Data shows the public Bitcoin mining companies have been spending more excessively on administration, compared to other industries like gold mining. Average Public Bitcoin Miner Spends...
Considering the high energy usage and carbon footprint of Proof-of-Work, the U.S. government is considering banning it. The White House report also states that excess consumption...
Bitcoin’s price might be headed in for more pain in the short term, but will it be a buying opportunity? Bitcoin’s price has failed to overcome...
The Bitcoin (BTC) mining industry endured immense financial stress throughout the year 2022 as a prolonged bear market directly impacted their earnings when translated to the...
The Bitcoin Mining Council (BMC) published the results of their Q2, 2022, a survey on the state of the sector, its electricity consumption, and technological efficiency. The nonprofit...
Nearly 60% of the electricity used to power Bitcoin (BTC) mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin...
The prices of the world’s leading cryptocurrency dropped so much that miners ended up becoming sellers, putting further pressure on the already bearish market. Recent data...
Compass Mining, a Bitcoin mining company, has joined the league of crypto companies laying off workers due to “extreme market conditions.” Thomas Heller and Paul Gosker, the co-founders...
Dynamics Mining has published a letter canceling its hosting relationship with Compass Mining, citing unpaid energy bills. Dynamics claimed Compass had six unpaid utility bills, hosting...
