Category: Mining

[ad_1] Bitcoin miner outflows jumped to 28,605 BTC, worth about $1.8 billion, on Feb. 5, one of the largest single-day transfers since November 2024, as prices swung sharply during a volatile trading session. Another 20,169 Bitcoin (BTC), worth about $1.4 billion, left miner-linked wallets on Feb. 6, according to data from CryptoQuant. The last comparable…

[ad_1] Bitcoin just got ~15% harder to mine as hashrate falls—pushing miner revenue back into the $30 stress zone Bitcoin’s mining economy has tightened again, but its undertones could pave the way for a price recovery in the top crypto. Over the past weeks, the network difficulty jumped, while the hashrate has shown signs of…

[ad_1] Activist investor Starboard Value is urging Bitcoin miner Riot Platforms to accelerate its expansion into high-performance computing (HPC) and artificial intelligence data centers. In a Wednesday letter to executives, Starboard Value, which holds about 12.7 million shares of Riot, said that the company could generate between $9 billion and $21 billion in equity value…