Riot Platforms Buys $500 Million in BitcoinÂ
Riot Platforms has recently acquired over 5,000 BTC in just a few days, bringing its total holdings to 16,728 BTC worth approximately $1.68 billion.
Bitmain Expands Production Line to US
Bitmain, a leading manufacturer of Bitcoin mining hardware, has announced the expansion of its production line to the United States.
Mining Pool Foundry Fires 60% of its Workforce
Bitcoin mining pool Foundry has announced significant layoffs affecting 60% of its workforce.
Bitcoin Mining Difficulty Exceeds 100T
On Monday, Bitcoin reached a new record mining difficulty of 101.65 trillion.
CleanSpark’s Hashrate Grows by Almost 200%
Crypto miner CleanSpark has reported a significant 187% increase in its hashrate over the last year, according to their unaudited fiscal year report released on October 4.
Bitcoin Mining Profitability Fell Last Month: Report
According to a report from JPMorgan, the average price of Bitcoin and the hashrate of the network saw a slight increase in September.
CleanSpark Buys 7 Bitcoin Mining Sites
CleanSpark announced on Wednesday that they will purchase seven bitcoin mining facilities and accompanying land in Knoxville, Tennessee for a total price of $27.5 million, which equates to roughly $324,000 per megawatt.
