Tags : Miner

Bitcoin

Miner explains why the Bitcoin hash rate fell by 25%

Mustafa Yilham, VP of global business development at Asian mining and wallet company Bixin, took to Twitter today to explain why Bitcoin’s hash rate—the total computing power of the blockchain—dropped by around 25% last week. Yilham, who operates one of the largest Bitcoin mining farms in the world, shared his thoughts on the situation and […]Read More

Bitcoin

Bitcoin Miner Revenue Hits New All Time High Among Other

Total Bitcoin miner revenue has been on a steady uptrend since the start of the year, hitting its new all time high on Friday. According to figures from on-chain analytics site Glassnode, miners are now making an aggregate $64 million from newly minted coins and fees — up nearly 400% since a year ago. It’s […]Read More

Market

Bitcoin Miner Bit Digital Hits Back at ‘False Accusations’ of

Nasdaq-listed bitcoin mining company Bit Digital (BTBT) dismissed allegations of fraud against the company made in a recently published report by J Capital Research. Without specifically naming the report, a press release from the mining company responded to “false accusations” about its business. It repeated financial disclosures from Q3 2020 on the size and scale […]Read More

Market

Bitcoin Miner Bit Digital Passes $1B Market Cap

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source linkRead More