Bitcoin production Financial News
30.12 / 12:51
cryptocurrency regulations
Bitcoin production
Trump's 'Made in USA' Bitcoin is a promise impossible to keep
Trump made the pledge in a post on his Truth Social account in June after meeting at Mar-a-Lago with a group of executives from crypto miners, the companies whose massive, high-tech data centers do the work that facilitates transactions on the blockchain in exchange for compensation paid in Bitcoin or other cryptocurrencies. The gathering was a key juncture in Trump's transformation from a crypto skeptic to one of the industry's strongest allies. «It is a Trump-like comment but it is definitely not in reality,» said Ethan Vera, chief operating officer at Seattle-based Luxor Technology, which provides software and services to miners.
15.01 / 06:39
BlackRock
Bitcoin
Bitcoin Etf
Bitcoin production
BlackRock Buys Over 13 Days of Bitcoin Production: A Sign of Supply Shortage?
In its recent entry into the spot Bitcoin exchange-traded fund (ETF) market, BlackRock has purchased over 11,400 Bitcoins, prompting speculation of supply issues.
09.11 / 08:31
marathon digital
Bitcoin Price
BTC Miners
Marathon
Bitcoin production
Marathon Digital Reports $97.5 Million Revenues in Q3 2023 With Massive Surge in Bitcoin Production
Marathon Digital Holdings, a prominent Bitcoin mining company, has announced a remarkable financial performance in the third quarter of 2023. The company reported a substantial 670% year-on-year increase in profit, primarily driven by a nearly five-fold rise in Bitcoin production.
09.11 / 04:19
business
Mining
Hash Rate
Bitcoin
Marathon
surges
Bitcoin production
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
Bitcoin mining firm Marathon Digital Holdings saw its revenue surge $670% year-on-year in the third quarter of 2023, amid a nearly five-fold increase in Bitcoin production.
19.05 / 21:07
business
Mining
Bitcoin
Marathon
Bitcoin production
Bitcoin production growth and capital strategy guiding Marathon Digital: CEO
A combination of more hash rate coming online from mining plants and a price protection approach is shielding Bitcoin (BTC) mining firm Marathon Digital Holdings (Nasdaq: MARA) through the bear market, told Cointelegraph its CEO Fred Thiel.
07.03 / 12:31
business
Hash Rate
Bitcoin
Bitcoin production
Argo increases Bitcoin production despite BTC difficulty growth
Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has increased its daily BTC production despite a significant spike in network difficulty.
12.02 / 19:37
Mining
Hash Rate
Bitcoin
Bitcoin production
Public miners increased Bitcoin production, hash rate in January
The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge in BTC production compared to the previous month, according to a new analysis from Hashrate Index.
06.08 / 01:55
business
Energy Consumption
Texas
Power
Bitcoin production
Core Scientific increased Bitcoin production by 10% in July amid Texas power cuts
Crypto mining firm Core Scientific reported its operations produced 1,221 Bitcoin (BTC) in July even as the company powered down several times in response to demand on the Texas power grid.
08.07 / 06:55
business
Mining
Mining Pools
Marathon
Bitcoin production
Marathon Q2 Bitcoin production down 44% as fleet remains crippled
Bitcoin (BTC) mining company Marathon Digital Holdings experienced a steep 43.8% decline in Bitcoin production over the second quarter of 2022, with June registering as the company’s least productive month in over a year following the fall of its Montana facility.
18.05 / 13:47
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