You Searched For "bitcoin hashrate" and got 17 results
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8 mins read
Bitcoin miners got kicked out of China. Now they're sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive a…
Taylor Dorrell
1 min read
A key measure of the health of the bitcoin network has tumbled 50% from its peak in May following China's crypto crackdown
On May 14, the hash rate fell from 180 EH/s to its current value of 90 EH/s, according to The Block.
Isabelle Lee
1 min read
Bitcoin's latest sell-off is a good entry point for investors ahead of halving, JPMorgan says
The quadrennial bitcoin halving will take place in the coming days, and will reduce the amount of b…
Yuheng Zhan
3 mins read
The US has been sweeping up shares of the bitcoin hashrate as miners exit China
New data from the Cambridge Centre for Alternative Finance puts empirical evidence behind the ongoi…
Emily Graffeo
2 mins read
Why bitcoin could fall 33% after its long-awaited halving event in April, JPMorgan says
JPMorgan says a drop to the $42,000 level is possible after post-halving euphoria settles down.
Aruni Soni
1 min read
Russia's bitcoin-mining industry is booming through war and sanctions
There's more bitcoin mining equipment flowing into Russia than anywhere else in the world as sancti…
Phil Rosen
2 mins read
Rising energy costs and plummeting crypto prices mean public bitcoin miners are 'fighting to survive'
"Some miners may either go bankrupt or have parts of their assets purchased for cents on the dollar…
Jennifer Sor
1 min read
The US unseats China as world's biggest bitcoin miner, accounting for a third of the global hash rate after Beijing's crackdown
The increase in the share of the US came after China in September banned all cryptocurrency transac…
Isabelle Lee
2 mins read
Bitcoin mining isn't just consuming energy, it's also generating 272 grams of e-waste with every transaction
The study indicated that Bitcoin could produce as much as 64.4 metric kilotons of e-waste, ove…
2 mins read
US crypto mining poses a supply risk to public power utilities, according to Fitch Ratings
Crypto mining could pose power supply issues for public power utilities in the US if not mitigated,…
Hamza Fareed Malik
1 min read
Bitcoin mining firm Bitfury is reportedly planning to go public in what would be Europe's biggest crypto IPO
Bitfury was seeking advice from Deloitte to review its readiness to go public, The Telegraph report…
Isabelle Lee
2 mins read
Anthony Scaramucci says he's not buying the dip in bitcoin as he expects more 'sloppiness' and volatility
The bitcoin price is likely to consolidate for a while, SkyBridge Capital CEO Anthony Scaramucci sa…
Harry Robertson
2 mins read
China is now the world's 2nd-biggest bitcoin miner after activity bounced back from the government's crackdown
A surge in covert mining operations post-ban means China is now the world's second-largest location…
Hamza Fareed Malik
2 mins read
Chinese crypto addresses have sent over $2 billion to scammers in the last 2 years, report says
Transactions, however, have since fallen due to the absence of large-scale Ponzi schemes like the P…
Isabelle Lee
4 mins read
Bitcoin is getting harder to mine as its hash rate recovers and price momentarily crosses $40,000
Bitcoin miners outside of China have been reaping the benefits of Bitcoin’s drop in difficulty. But…
3 mins read
China's crackdown on crypto slashed competition for North American bitcoin miners - and earnings are soaring to record highs as a result
Earnings reveal that non-Chinese mining firms produced more bitcoin in the second quarter amid Chin…
Emily Graffeo
2 mins read
Why China's crypto crackdown is creating 'tremendous' opportunities for miners in other countries, according to industry execs
The ban on mining operations in China has actually helped bitcoin move towards its goal of becoming…