Mining
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Bitcoin miners resist selling amid declining earnings
Bitcoin miners are holding onto their assets even as mining profitability dips to multi-month lows, a new CryptoQuant report shared with CryptoSlate shows. The data reveals that miner revenues dropped to $34 million on June […]
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Did You Know? 🧘♂️⛏️ Buddhist Monks Caught Mining Crypto in a Monastery! #cryptoworld #cryptohub
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How Russian miners built a mobile crypto farm and got busted
What is crypto mining on wheels, and how did Russian authorities discover it? A mobile cryptocurrency mining operation involves installing mining equipment, such as application-specific integrated circuits (ASICs) or graphics processing units (GPUs), in portable […]
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CoreWeave revives bid for Core Scientific causing shares to surge 33%
CoreWeave is negotiating to acquire Bitcoin (BTC) miner-turned-compute host Core Scientific, the Wall Street Journal reported on June 26, citing people familiar with the matter. The cloud infrastructure company attempted to acquire the miner for […]
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$20B Bitcoin Options Expiry Set To Benefit BTC Bulls
Key takeaway: Bitcoin (BTC) traders are closely watching the $20 billion monthly options expiry set for Friday. Although Bitcoin is down 1.5% over the past 30 days, traders who used options to hedge against downside […]
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Canaan Completes US ASIC Pilot, Exits AI Chip Business
Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts. In a statement sent to Cointelegraph on Monday, a Canaan representative […]
