Update (March 26 at 8:48 PM UTC): This article has been updated to include commentary from Benchmark stock analyst Mark Palmer. Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to […]
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Bitcoin (BTC) mining revenues hit $3.7 billion in the fourth quarter of 2024, a 42% increase from the prior quarter, and are approaching similar levels of around $3.6 billion in Q1 2025, according to data […]
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Bitcoin miners reported a drop in monthly production as mining difficulty — the computational power required to confirm BTC transactions and mine new blocks — continued to increase. Bitcoin production for prominent Bitcoin (BTC) miners, […]
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The Bitcoin (BTC) mining hashprice — a miner’s daily revenue per unit of hash power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% […]
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Cryptocurrency mining company CleanSpark reported a surge in revenue and profitability during the December quarter thanks to lower production costs and surging Bitcoin (BTC) prices. In its first fiscal quarter of 2025, which ended Dec. […]
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