BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.Â
Riot Platforms’ Bitcoin holdings cross 10K BTC, production drops
Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners.
Low hash price, soaring energy costs spell tough Q3 for Bitcoin miners
The third quarter of 2022 has not been any kinder to Bitcoin mining operators in North America and Europe.
Quebec Halts Crypto Mining Approvals As New Rules In Progress
Quebec announced on Thursday that it has halted approvals for new cryptocurrency mining operations and may raise energy costs for firms.