Marathon Digital: Miners Are Getting Ready for the Bitcoin Halving

Reading Time: < 1 minute Marathon Digital CEO Fred Thiel has stated on Bloomberg TV that many miners have already prepared for the halving.

Bitcoin Mining Difficulty Hits a New Record High

Reading Time: < 1 minute Following the most recent recalculation, the difficulty of mining the primary cryptocurrency increased by 5.79%.

Bitcoin Miners Monthly Energy Consumption Hits an All-time High

Reading Time: < 1 minute During February, Bitcoin miners utilized a record-breaking 19.6 GW of electricity.

Marathon Digital Launches a Bitcoin Layer 2 Network

Reading Time: < 1 minute Marathon Digital has recently announced a new initiative to support Bitcoin scaling called Anduro.

Bloomberg: Chinese Miners Are Moving to Ethiopia

Reading Time: < 1 minute Chinese mining companies are relocating to Ethiopia, where electricity costs are significantly lower compared to North America and Europe.

CleanSpark to Acquire Three Bitcoin Farms

Reading Time: < 1 minute Bitcoin mining company CleanSpark has agreed to acquire three established cryptocurrency extraction businesses in Mississippi for $19.8 million.

Core Scientific Mines Over 19,200 BTC in a Year

Reading Time: < 1 minute In 2023, Core Scientific, a mining company that had previously filed for bankruptcy, successfully mined 19,274 BTC, valued at approximately $812 million at the time.

Bitcoin Mining Difficulty Falls By 4%

Reading Time: < 1 minute Following a recent recalculation, the difficulty of mining BTC has decreased by 3.9%. This brings the indicator down to 70.3 T.

Bitcoin Miners Sell $450M in Bitcoin in One Day

Reading Time: < 1 minute On January 17, Bitcoin miners liquidated a record-breaking 10,233 bitcoins, marking the largest daily decline in miner reserves in over a year.