BTC Mining Difficulty Reaches a New Record High
The difficulty of mining BTC has increased by 3.45% and reached a record high of 32.05 T as a result of the latest recalculation.
Arcane Research: Public Miners Have a Stable Financial Position
According to Arcane Research experts, public mining companies are having a hard time due to the declining price of Bitcoin, rising electricity rates and the difficulty of mining. But none of them went bankrupt.
Largest Bitcoin Miners Lose More Than $1B
The most affected companies are Core Scientific, Marathon and Riot, as their total losses have exceeded $1 billion since the collapse of the Terra ecosystem.
Miners Sold More Than 5,700 BTC in July
Mining pools sold 3,767 BTC in July, whereas during the same month they mined 3,470 coins.
Cipher Mining Launches a Green Mining Center
Cryptocurrency miner Cipher Mining has just deployed Bitcoin miners at a new 40 MW data center in Texas that is powered by a wind farm.
Marathon Intends to Receive $100M from Silvergate Capital
Mining firm Marathon Digital Holdings has just agreed to open a $100 million revolving line of credit from Silvergate Capital secured by Bitcoin.
Kosovo Extends its Ban on Crypto Mining
The government of Kosovo has approved the introduction of emergency measures in the field of energy supply.
