Matthew Schultz News
26.01 / 08:50
CleanSpark
Marathon
Many Bitcoin Miners Struggle to Make Profits: Cantor Fitzgerald
Bitcoin mining is getting less profitable as many publicly traded miners might face potential profitability challenges following the next Bitcoin halving event.
19.07 / 19:16
Bitcoin
Donald Trump Seeks $844,600 for Fundraiser Seat at Bitcoin Event
Donald Trump is hosting a private fundraiser at the Bitcoin Conference 2024, offering various funding options for attendees.
12.06 / 11:51
12.06 / 08:59
Bitcoin
Trump Declares ‘Love’ and Understanding Of Crypto At Bitcoin Miners Meet
Several crypto miners gathered at Mar-a-Lago on Tuesday night to meet with presidential candidate Donald Trump, who promised to advocate for them internationally.
13.07 / 21:35
business
Mining
Bitcoin
CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live
Bitcoin miner ClearSpark has begun the second phase of operations at its mining campus in Washington, in the U.S. state of Georgia, reaching 8.0 exahashes per second (EH/s), halfway to its year-end target of 16.EH/s.
02.11 / 06:07
business
Government
BTC miner CleanSpark scoops up thousands of miners amid 'distressed markets'
Sustainability-focused Bitcoin (BTC) mining company CleanSpark has snapped up another 3,843 cryptocurrency miners amid a backdrop of mining industry consolidation.
26.10 / 17:39
business
Government
Bitcoin
strategies
Bitcoin miners rethink business strategies to survive long-term
The Bitcoin mining industry continues to face a challenging year as the price of Bitcoin (BTC) hovers below $20,000, coupled with rising energy costs in North America and Europe. Regulators have also recently started clamping down on crypto mining, as a recent report from the Bitcoin Mining Council (BMC) found that Bitcoin has seen a 41% increase in energy consumption year-on-year (YoY). As a result, a number of crypto mining companies have been forced to sell off equipment, while others have filed for bankruptcy.
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