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Bitcoin Mining

Riot Platforms Made Over $280 Million Last Year, New Annual Report Reveals

Riot Platforms, a Bitcoin mining operation, disclosed in its annual report for 2023, unveiled on Thursday, February 22, that it generated more than $280 million in revenue solely within the...
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Texas Blockchain Council, Riot Platforms Sue EIA Over Sensitive Bitcoin Mining Data Order

The Texas Blockchain Council (TBC) and crypto mining firm Riot Platforms filed a lawsuit against the US Energy Information Administration (EIA) on Wednesday, alleging that the agency’s data collection requests...
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Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal

Ethiopia has recently signed a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to establish a $250 million data mining infrastructure project within the...
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Ethiopia Emerges As New Bitcoin Mining Hotspot – Will it Last?

Ethiopia has emerged as a burgeoning hub for Bitcoin mining, particularly after China’s expulsion of the industry in 2021. In the wake of the ban, major players from China began...
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Marathon Digital Snaps Up Two Bitcoin Mining Sites From Hut 8 For $13.5 Million

On February 2, according to a press release, Marathon Digital is set to acquire two of Hut 8’s Bitcoin mining facilities for a total of $13.5 million. Marathon Digital Buys...
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EU Moves to Ban Bitcoin to Meet Energy Goals – Report

A recent report suggests that Proof-of-Work (PoW) consensus networks, such as Bitcoin, could potentially face a ban within the European Union (EU). According to information shared by Daniel Batten, who...
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Crypto Stocks Surge as Analyst Says ‘Not The Time to Turn Bearish’ on Bitcoin

The cryptocurrency market underwent a turbulent week, experiencing a sharp selloff in Bitcoin and related crypto stocks, only to witness a significant rebound. Bitcoin, which had dropped below $39,000 early...
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Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald

The profitability of Bitcoin mining is diminishing, and several publicly traded mining companies could encounter significant profitability issues after the upcoming Bitcoin halving event. As per a recent Cantor Fitzgerald...
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Bitcoin Miner Core Scientific Announces Post-Bankruptcy Comeback to Return to Nasdaq

Core Scientific has made a noteworthy announcement of its reentry into the Nasdaq after a thorough restructuring effort that took place subsequent to its bankruptcy declaration. According to a recent...
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Bitcoin Hashrate Hits New All-Time High, Exacerbating Profitability Challenges for Miners

The Bitcoin (BTC) network has achieved an unprecedented all-time high in hashrate, adding to the challenges faced by miners who are already contending with a decline in profitability. Data from...
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin30,725 0.01 % 1.07 % 0.13 %
Ethereum3,765.8 0.89 % 7.34 % 15.64 %
Tether1.001 0.09 % 0.01 % 0.02 %
BNB420.29 0.36 % 0.37 % 5.27 %
Solana131.98 0.86 % 0.64 % 18.55 %
Lido Staked Ether3,746.2 0.39 % 6.99 % 15.09 %
XRP0.5310 0.57 % 3.91 % 8.19 %
USDC1.001 0.12 % 0.04 % 0.06 %
Cardano0.7749 0.72 % 1.10 % 24.97 %
Dogecoin0.1850 2.21 % 14.14 % 95.66 %

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