Search Results for "bitcoin miner"
Bitcoin Cash (BCH) Hard Forks into Two New Blockchains Following Disagreement on Miner Tax
Bitcoin Cash (BCH), a hard fork from Bitcoin, has once again split and created two new blockchains after a disagreement between two BCH clients.
Bitcoin Miner Bitfarms Mined 1,223 BTC but with $25 Million Net Loss in Q2 2023
Bitfarms mined 1,223 BTC in Q2 2023, reaching a hashrate of 5.3 EH/s. Revenue was $35M, with a net loss of $25M. The firm also secured 150 MW of hydropower.
Bitcoin Miner Marathon Mined 979 BTC and Liquidated 700 in June 2023
In June 2023, Marathon Digital Holdings created 979 Bitcoin (BTC), increasing the year's total to 5,120 BTC.
Bitcoin Miner Bitfarms Mined 378 BTC and Sold 333 in July
Bitcoin Miner Bitfarms mined 378 BTC and sold 333 in July 2023. The report details expansion plans, including a move to double hydropower capacity, and highlights challenges faced.
Bitcoin Miners Move 54,000 BTC to Binance as Liquidity Drops
Recently, significant Bitcoin transactions have been observed in the market. According to Ki Young Ju, the CEO of CryptoQuant, Bitcoin miners have reportedly transferred a whopping 54,000 BTC to Binance over the last three weeks.
Bitcoin Miners Offload Holdings While Bullish Momentum Could Persist
Bitcoin miners liquidate holdings amid bullish market, balancing gains, halving cycle, and operational costs. Market resilience since February 2024, highlighting delicate balance between miners' selling strategies and ETF investments.
Canaan's Q4 2022 Revenue Declines by 82.1% YoY to $56.8M
Canaan, a Chinese Bitcoin miner and manufacturer of ASIC mining machines, reported an 82.1% YoY revenue decline to $56.8M in Q4 2022. The company's net income swung to a $63.6M loss due to inventory write-downs and research expenses. Despite the decline in revenue, Canaan's mining revenue improved by 368.2% YoY to $10.46M.
Bitcoin Miner Canaan Reports $73.9M Revenue in Q2
Canaan, a high-performance computing solution provider, reported a 44.2% sequential growth in Q2 2023, but faces regulatory shifts and US legal disputes, potentially impacting future operations.
Bitcoin Miner Ault Alliance Regains NYSE Compliance
Ault Alliance, Inc., a diversified holding company, has successfully regained compliance with the NYSE American's continued listing standards, according to a statement released by the company. The NYSE American had previously notified Ault Alliance of its non-compliance due to the low trading price of the company's common stock.
Bitcoin Transaction Fees Altering its Ecosystem
Bitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.
Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain
The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.
Jihan Wu Regains Control Of China Bitcoin Miner Making Giant Bitmain
Jihan Wu has regained his status as legal representative and executive director of Bitmain stripping Micree Zhan of broad controlling powers.
