Bitcoin miners rise 10% after Trump promises to back US miners

The biggest winners on June 12 were TeraWulf, Hut 8 Mining and Core Scientific.

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Marathon урезали добычу биткоина почти на 50%

За второй квартал 2022 года американская майнинговая компания Marathon Digital Holdings добыла 707 BTC — на 43,8% меньше, чем за первые три месяца года. $MARA's June 2022 #bitcoin  production and mining operations is out: — 29,640 miners (c.

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Marathon сократила добычу биткоина на 44%

За второй квартал 2022 года американская майнинговая компания Marathon Digital Holdings добыла 707 BTC — на 43,8% меньше, чем за первые три месяца года. $MARA's June 2022 #bitcoin production and mining operations is out:- 29,640 miners (c.

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Bitcoin [BTC]'s hashrate and what its fall means for miners and their shutdown price

Cryptocurrency investors have been withdrawing Bitcoin [BTC] from cryptocurrency exchanges at the most aggressive rate in history. Here, the total exchange outflows in June peaked at 151,000 BTC, wortThe post Bitcoin [BTC]'s hashrate and what its fall means for miners and their shutdown price appeared first on AMBCrypto.

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Public Miners Start Selling Bitcoin Treasuries

As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries.

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Bitcoin Miner Revenue Surpasses Ethereum by More Than $100M; Both Crash to 2022 Lows

Bitcoin and Ethereum miners saw a further decline in revenue as bears from May carried on throughout June and led to sinking prices of both cryptocurrencies. The post Bitcoin Miner Revenue Surpasses Ethereum by More Than $100M; Both Crash to 2022 Lows appeared first on BeInCrypto.

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GPU Prices Decline 57% Since Jan As Ethereum Mining Profits Go Down

Data shows GPU prices have continued to go down recently as Ethereum mining profits have been observing a decline. GPU Prices Plunge As Demand From Ethereum Miners Fades Data from the tech outlet Tom’s Hardware suggests graphics cards prices continued their drawdown in June as they plummeted another 14%. Back in 2020, owing to a […]

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Bitcoin Struggles to Rebound as Miner Capitulation Continues 

According to a recent report from Coin Metrics, miners have sold at least $500 million worth of Bitcoin so far in June. Bitcoin Miners Sell Reserves The once-booming Bitcoin mining...

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Here's how Bitcoin miners are really dealing with market pressure

The first week of June saw the start of a sell-off phase in the cryptocurrency market, with most cryptocurrencies seeing a 4-year low. The deteriorating market conditions have also harmed the profitabThe post Here's how Bitcoin miners are really dealing with market pressure appeared first on AMBCrypto.

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Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable

Authorities in Iran have announced that crypto miners operating in the country would have their access to electricity cut off by June 22. The post Crypto Miners in Iran to Face Blackout as Mining Becomes Unprofitable appeared first on BeInCrypto.

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Russia Is The Major Recipient Of China’s Ousted Bitcoin Miners: Report

Over 200,000 out of the total 2 million mining machines that relocated from China following government crackdowns back in June headed to Russia according to the latest research released by the Financial Times.

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Bitcoin hashrate triples since June 28 in recovery from China syndrome

Hashrate has now recovered to early June levels indicating that miners are coming back online after China’s crackdown.

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The World’s Largest Asset Manager Discloses Holding A Stake in Two Bitcoin Miners

The world's largest asset manager with $9 trillion in assets, BlackRock has taken significant stakes in two Bitcoin miners, according to the SEC filing dated June 30, 2021. The firm has committed roughly $383 million divided between publicly-listed Marathon Digital Holdings and Riot Blockchain.

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Bitcoin Miners' Revenue Up 57% Since June

Bitcoin miners have increased their profits with the progressively increasing hashrate of the network

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Miners Start Accumulating Bitcoin

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Iranian authorities confiscate 7,000 rigs following a ban on BTC mining

Iranian authorities have seized 7,000 Bitcoin (BTC/USD) mining rigs after raiding an illegal crypto farm. A report unveiled this news on June 22, noting that this is the largest number of miners that the police have seized to date.

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Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17%

Bitcoin’s hashrate has plunged by 16.94% over the past 24 hours after the Chinese province of Sichuan directed energy companies to stop providing BTC miners with power. A report unveiled this news on June 19, noting that the province took this step after a meeting between China’s Science and Technology Bureau and the Sichuan Ya’an […] The post Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17% appeared first on Invezz.

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats Show Bitcoin’s Hashrate Plummeting

The hashrate of the Bitcoin network has been steadily falling since June 14 and after Sichuan miners were told to prepare operation shutdowns. Sichuan is the second-densest province in China where most miners are located, according to data stemming from the University of Cambridge.

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China also bans miners in hydropower -dominated Sichuan province

Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20.

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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region.

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Report: Filecoin and Chia Believers in China Are Converting to Ethereum Swarm Disciples

There’s a lot of buzz in China around the Bee mainnet soft launch following the recent hype surrounding Filecoin and Chia. Reports detail that Swarm is set to kickstart the mainnet on June 13, and droves of miners from China are getting prepared to obtain rewards from the distributed storage platform and content distribution service. […]

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Bitcoin Miners in Xinjiang’s Largest Tech Park Ordered to Shut Down

Bitcoin miners in Zhundong, Xinjiang, China, have been told to shut down their rigs, The Block, on June 9, reports. The Blow in Zhundong Officials in Zhundong, acting on orders from the Changji prefecture government in Xinjiang, were instructed to shut down Bitcoin and cryptocurrency mining operations in the Zhundong Economic Technological Development Park byRead More

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One of China’s biggest miners expects Bitcoin bull run to end in 2022

One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources. The post One of China’s biggest miners expects Bitcoin bull run to end in 2022 appeared first on CryptoSlate.

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Bitcoin Miners Slow Down as Hash Rate Drops 26% But Miner Revenue Spikes

Over the weekend, the Bitcoin network's hash rate hit an all-time high as it has repeatedly been doing since the May halving when it dropped about 40%. During this time, the monthly miner revenue jumped from about $280 million (subsidy plus transaction fees) in June to $368 million in August.

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Riot Blockchain Targets 2.3 EH/s Hashrate by June 2021; Acquires an Additional 2,500 Bitmain S19 Pro Miners

Riot Blockchain announced on Oct 6 that it would be expanding its S19 Pro Antminer fleet following a recent purchase of 2500 units from Bitmain. The firm also highlighted progress in previous S19 Pro miners' orders [1,000 in April, 1,040 in May, 1,000 in July, and 8,000 in August] and an update on their deployment.

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Bitmain Delays Delivery of Bitcoin Miners as Co-Founders Battle for Company Control

Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker said customers whose orders were due for delivery in June and […] The post Bitmain Delays Delivery of Bitcoin Miners as Co-Founders Battle for Company Control appeared first on Bitcoin News.

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Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control

Bitmain has delayed shipments of its Antminer bitcoin mining machines by three months, as the tussle between co-founders, Jihan Wu and Micree Zhan Ketuan, for control of the company intensifies. According to a post on Bitmain’s official Wechat account, the Beijing-based bitcoin miner maker said customers whose orders were due for delivery in June and […] The post Bitmain Delays Delivery of Bitcoin Miners by Three Months, as Co-Founders Battle for Company Control appeared first on Bitcoin News.

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Bitmain’s Management Feud Is Finally Affecting Business Operations; AntMiners Shipments Delayed

The constant wrangling within the largest Bitcoin mining hardware producer – Bitmain – is taking a toll on its business and customer operations. According to a recent WeChat note sent on Thursday, the long-awaited hardware miners expected to be released in June and July will need to wait till September and October to be delivered. […]

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Bitcoin miners need the price to surge soon

Bitcoin's price has been under $9.5k since 25 June. Despite the sideways movement, a rise in selling pressure pushed the price of the coin between $9.2k and $9k, however, the dull movement of price coThe post Bitcoin miners need the price to surge soon appeared first on AMBCrypto.

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Bitcoin Miners See Their Total Revenue Climb to $17.5 Bln with Hashrate Approaching New Highs

The cumulative revenue of Bitcoin miners has surpasses $17.5 bln after a lackluster June

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Bitcoin Miners Saw 23% Revenue Drop in June

Bitcoin mining revenue dropped 23% in June to approximately $380 million.

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US Contract Miner Core Scientific Buys 17,600 Bitcoin Miners From Bitmain

U. S. contract mining firm Core Scientific has agreed on a deal to buy 17,600 mining rigs from Chinese bitcoin hardware maker Bitmain Technologies Inc. The company is buying Bitmain’s next-generation bitcoin (BTC) miner, the Antminer S19, it said in a statement on June 29.

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TOP 3 Bitcoin and Crypto News for Today: 19 June ? BTC Analysis, Ripple?s PayID, & ETH?s Block Gas Limit Vote

Bitcoin (BTC) price analysis, Ripple?s CTO announces the benefits of PayID, and Ethereum (ETH) miners are voting to increase the block gas limit.

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Bitcoin News Roundup for June 19, 2020

With BTC miners HODLing, Reddit dreaming big and a crypto card issuer missing billions of dollars and drawing comparisons to Enron, CoinDesk's Markets Daily is back with another Bitcoin news roundup.

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Miners & Retail Investors Accumulating Ethereum While Network is Buzzing with Heightened Activity

Both top cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) have recovered most of their losses after the mid-March crash. Before the crash, ETH’s market cap peaked at $31. 25 billion, and on June 1st, it went to $27.

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TOP 3 Bitcoin and Crypto News for Today: 15 June ? XRP Analysis, BTC Bulls Defend Price, & ETH Miners Decide Fate of $2.4M Fee

XRP price analysis, Bitcoin (BTC) bulls maintaining their price lead, Bitfly?s Ethereum (ETH) miners deciding the fate of a $2.4 million transaction fee.

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Rising Hashrate Signals End of Bitcoin Capitulation; Price Eyeing $10K-Retest

Bitcoin hashrate jumped 23 percent since May 26, signaling more miners are resuming operations on the cryptocurrency’s blockchain network. The rally also continued as Bitcoin’s mining difficulty dropped by over 9 percent on June 4.

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Yesterday, Ethereum Miners Received 60% More Fees Than Bitcoin Miners

Ethereum transaction fees have continued to spike as demand for smart contracts and ETH transfers have spiked. It has reached a point where yesterday, June 6th, Ethereum miners brought in more transaction fees (in aggregate) than Bitcoin miners for the first time in months.

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Bitcoin Hashrate Spikes to 120 Exahash: Difficulty Drops Allowing Miners to Rejoin the Competition

The Bitcoin hashrate is up this weekend after the network experienced it’s fourth negative difficulty adjustment this year. The Bitcoin (BTC) protocol’s difficulty adjustment dropped over 9% on June 4, giving miners who shut off their machines a chance to join the competition once again.

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World’s Second Largest Bitcoin Mining Wants to Lend you Bitcoin, Partners with BlockFi

China’s Poolin is bolstering its cryptocurrency lending business. The firm announced a partnership with BlockFi, the U. S. -based lending firm late on June 2, 2020.   Bitcoin Liquidity for Miners As reported on Coindesk, Poolin’s mining business will now expand to include more lending and financial services.

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The 5th Largest Mining Pool Sold $23 Million Bitcoin at $10k Before the Dump

On June 1st, the price of bitcoin soared to $10,430 and remained above $10k until the dump yesterday took it down to $9,150 on some exchanges and to $8,600 on BitMEX. But before the digital currency crashed more than 9%, bitcoin miners sold a good chunk of their BTC. Before BTC’s dump, 2,293.7 BTC at […]

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Crypto Market’s Long-Term Trend is Positive: Binance CEO Explain Why

Bitcoin and other crypto assets haven’t done too hot over the past six months. Since peaking at $14,000 in June, the leading cryptocurrency, BTC, has lost some 50%, tumbling as bulls failed to keep the upward momentum, and as regulatory pressure and sell-side pressure from miners and the PlusToken scam hit the market.

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Bitcoin Has Bottomed and Will ‘Moon’ After Halving, States Analyst

Halving is an event in which the rewards for mining are cut in half. The first Bitcoin halving occurred in November 2012, with the second in June 2016. The third one is projected to occur in May 2020.

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Bitcoin Miners Drove Price Volatility In 2018 Bear Market, Says New Data

Bitcoin miners are behind spikes in price volatility which saw the largest cryptocurrency hit $3100 in 2018, new data suggests. Miner Sell-Offs Preceded BTC Price Floor In fresh analysis uploaded to social media on October 11, on-chain intelligence resource Token Analyst revealed miners selling coins directly influenced the Bitcoin price.

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Bitcoin's Hash Rate and Mining Difficulty Jump 60 Percent Since June

Bitcoin's mining difficulty and hash rate continue their incremental growth with about 600,000 new ASIC miners stepping into the fray

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nuco.cloud ICO

The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.

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Confronting Bitcoin Network Issues Using Nakamoto Consensus and a Mining Parliament

On June 28, Bitcoin Cash proponent Javier Gonzalez announced the launch of an interesting protocol called the Bitcoin Mining Parliament (BMP). The theory behind BMP is backed by the concept of Nakamoto Consensus where “miners are the executive power of Bitcoin” and “any needed rules and incentives can be enforced with this consensus mechanism.

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Waltonchain hardforks after hackers exploit a bug in mainnet code

Waltonchain, an ambitious project aimed at achieving Value Internet of Things [VOIT], was under attack causing the network to be forked, according to an official announcement. Waltonchain team has performed a Mainnet upgrade at block No.

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Russian Legislators to Consider Crypto Mining Regulations and Fines Before the End of June

Lack of Regulatory Clarity Regarding Use of Cryptos Vladimir’s latest order looks a lot like the order he made regarding cryptocurrency regulation last year. According to the latest orders, the Russian Duma is being urged to introduce administrative penalties for crypto miners who mine virtual currencies through open blockchains, the Chairman of the State Duma […]

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