2019-2-15 12:51 |
Argo Blockchain is cutting costs and repurposing equipment in a bid to boost profitability
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Gridless’ co-founder Janet Maingi explains how her company’s Bitcoin mining work is helping to electrify rural Africa, leading to a better quality of life for those in the communities Gridless touches.
Bitcoin miners are emerging as dynamic energy buyers, using sophisticated strategies to adjust their energy consumption based on supply and demand.
In early November, Bitcoin mining profitability experienced a notable uptick, with the hash price—a key indicator of miner earnings—rising by 29% since the end of October.
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
The investment bank initiated coverage of the bitcoin miner with a buy rating and a $19 price target.
As AI’s insatiable demand for compute grows, Bitcoin miners are increasingly looking to AI to pay the bills