HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End
The firm’s hydropowered Paraguayan facilities fuelled a 58% monthly hashrate jump.
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Bitcoin Mining
The firm’s hydropowered Paraguayan facilities fuelled a 58% monthly hashrate jump.
Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday. “Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote. […]
Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.
The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.
In a staff statement published Thursday, the SEC said that both solo mining and mining pool operations would fail the first prong of the Howey Test.
Transaction fees made up just 1.3% of total block rewards in February, marking the lowest share since the last bear market bottom in 2022.
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin’s price drop..
The bitcoin miner held over 10,000 bitcoin at the end of last year.
The bitcoin mining firm faced revenue declines but is betting on proprietary ASIC chips to drive future expansion.
The latest MinerMag report shows a slowdown in Bitcoin hashrate growth amid shifting market conditions.