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Bitcoin News
Bitcoin News

Black Rock Petroleum Company Set to Operate 1 Million Chinese Bitcoin Miners

Black Rock Petroleum company is all set to host and operate 1 million Bitcoin mining machines across its gas reserves under its new agreement. The petroleum company has signed a binding agreement with Optimum Mining Host Limited Liability Co to host and operate millions of Bit Miners being relocated from China. It will deploy all

Black Rock Petroleum company is all set to host and operate 1 million Bitcoin mining machines across its gas reserves under its new agreement. The petroleum company has signed a binding agreement with Optimum Mining Host Limited Liability Co to host and operate millions of Bit Miners being relocated from China. It will deploy all

Bitcoin-BTC-Miners
Bitcoin News
Bitcoin-BTC-Miners
Bitcoin News

Bitcoin Records Biggest Mining Difficulty Adjustment, How would it Help Miners?

Bitcoin network underwent its highest mining difficulty adjustment to date with a 28% decline. The mining difficulty adjustment comes at a time when the network hashrate has fallen by over 50% owing to an exodus of Chinese miners from their country in light of government crackdown. China was the epic center for Bitcoin mining, accounting

Bitcoin network underwent its highest mining difficulty adjustment to date with a 28% decline. The mining difficulty adjustment comes at a time when the network hashrate has fallen by over 50% owing to an exodus of Chinese miners from their country in light of government crackdown. China was the epic center for Bitcoin mining, accounting

Bitcoin News
Bitcoin News

U.S. Senator from Wyoming Cynthia Lummis Invites Bitcoin Miners

Amid the ongoing crackdown in China, a lot of Bitcoin miners are shifting base to the U.S. The Republican U.S. Senator of Wyoming – Cynthia Lummis – has recently invited Bitcoin miners. The Senator tweeted: “If you are in the #Bitcoin mining space, please reach out. We WANT you in Wyoming”. PS – If you

Amid the ongoing crackdown in China, a lot of Bitcoin miners are shifting base to the U.S. The Republican U.S. Senator of Wyoming – Cynthia Lummis – has recently invited Bitcoin miners. The Senator tweeted: “If you are in the #Bitcoin mining space, please reach out. We WANT you in Wyoming”. PS – If you

BTC on ETH
Altcoin News
BTC on ETH
Altcoin News

Bitcoin(BTC) and Ether(ETH) Miners See Their Revenue Drop to Nearly Half Since May

The mining revenue for Bitcoin and Ether miners has registered a significant dip over the past month falling by nearly 50%. Bitcoin miners made $839 million in June seeing a decline of 42% in revenue compared to May while Ether miners made $1.11 billion with a revenue decline of 52% from the past month. The

The mining revenue for Bitcoin and Ether miners has registered a significant dip over the past month falling by nearly 50%. Bitcoin miners made $839 million in June seeing a decline of 42% in revenue compared to May while Ether miners made $1.11 billion with a revenue decline of 52% from the past month. The

Bitcoin News
Bitcoin News

Miami Mayor Sets Up Stage to Attract Bitcoin Miners With Low-Cost Nuclear Power

Miami’s Bitcoin and crypto-friendly Mayor Francis Suarez is now setting up the stage to attract Chinese miners by wooing them with a low-cost nuclear power supply. Amid the recent crackdown in China, miners have been looking at overseas locations to continue their operations. On the other hand, the crypto mining industry is taking turns for

Miami’s Bitcoin and crypto-friendly Mayor Francis Suarez is now setting up the stage to attract Chinese miners by wooing them with a low-cost nuclear power supply. Amid the recent crackdown in China, miners have been looking at overseas locations to continue their operations. On the other hand, the crypto mining industry is taking turns for

PBOC
Bitcoin News
PBOC
Bitcoin News

Chinese Crypto Miners Register Severe Crash of Bitcoin (BTC) Hashrate Amid Crackdown

Amid severe crackdown from the Chinese regulators, local Bitcoin (BTC) miners have started pulling the plugs and discontinuing their operations. Because of these restriction policies, the BTC hashrate at some of the biggest Chinese crypto miners has started to decline. AntPool and Poolin have registered the biggest drop of around 25% in the BTC hashrate

Amid severe crackdown from the Chinese regulators, local Bitcoin (BTC) miners have started pulling the plugs and discontinuing their operations. Because of these restriction policies, the BTC hashrate at some of the biggest Chinese crypto miners has started to decline. AntPool and Poolin have registered the biggest drop of around 25% in the BTC hashrate

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin Miners Start Accumulating Again, Can the Bullish Sentiment Push BTC Past $40K?

Bitcoin miners have started to accumulate BTC again as the hashrate of the bitcoin network rebounds to new highs. Miner accumulation is seen as a bullish sentiment and indicates the price could see an uptrend. The declining rate of miners sending their Bitcoin holding to exchanges comes at a crucial time when the top cryptocurrency

Bitcoin miners have started to accumulate BTC again as the hashrate of the bitcoin network rebounds to new highs. Miner accumulation is seen as a bullish sentiment and indicates the price could see an uptrend. The declining rate of miners sending their Bitcoin holding to exchanges comes at a crucial time when the top cryptocurrency

Antminer-S19-Pro
Bitcoin News
Antminer-S19-Pro
Bitcoin News

China Crackdown: Chinese Crypto Miners Halt Business In Home Country and Plan to Move Overseas

China’s recent decision to ban crypto mining and trading operations within the country has had a widespread impact on the crypto markets. The crypto market extended its losses on Sunday, May 23, with its valuations hitting a 3-month low. Just as Beijing steps up its regulatory efforts in the crypto space, local Bitcoin miners of

China’s recent decision to ban crypto mining and trading operations within the country has had a widespread impact on the crypto markets. The crypto market extended its losses on Sunday, May 23, with its valuations hitting a 3-month low. Just as Beijing steps up its regulatory efforts in the crypto space, local Bitcoin miners of

Bitcoin-BTC-Miners
Bitcoin News
Bitcoin-BTC-Miners
Bitcoin News

Miner Inflow MA7 Data Indicate Miners are not Selling their Bitcoin Yet

The Miner inflow MA7 data indicates bitcoin miners are yet to start selling their holdings indicating we haven’t reached a potential top this bull cycle. Bitcoin miner’s trading activity acts as an important market indicator as it affects their mining cost. Crypto market blood bath this week saw more than $500 billion getting wiped off

The Miner inflow MA7 data indicates bitcoin miners are yet to start selling their holdings indicating we haven’t reached a potential top this bull cycle. Bitcoin miner’s trading activity acts as an important market indicator as it affects their mining cost. Crypto market blood bath this week saw more than $500 billion getting wiped off

Bitcoin-BTC-Miners
Bitcoin News
Bitcoin-BTC-Miners
Bitcoin News

Bitcoin Miners Prefer HODLing Over Selling, BTC’s Risk/Reward Ratio Attractive At Current Price

Bitcoin (BTC) continues to trade in a downward pressure consolidating around $54,000 levels. However, the world’s largest cryptocurrency valuations stay above $1 trillion and will probably never go below that ever again. The reason is that the on-chain data shows that long-term holders have been buying the recent dips in the market. Interestingly, as the

Bitcoin (BTC) continues to trade in a downward pressure consolidating around $54,000 levels. However, the world’s largest cryptocurrency valuations stay above $1 trillion and will probably never go below that ever again. The reason is that the on-chain data shows that long-term holders have been buying the recent dips in the market. Interestingly, as the

bitcoin-exchange-miners
Bitcoin News
bitcoin-exchange-miners
Bitcoin News

Bitcoin Miners Selling Slows Down as Miners Net Position Close to Neutral

Bitcoin price attained a new all-time-high just $60 short of the $50,000 mark post which the price saw a minor correction of $1,000. The top cryptocurrency still looks quite bullish as miners’ selling has slowed down significantly which is a bullish sign suggesting miners are expecting the price to go further up. The net position

Bitcoin price attained a new all-time-high just $60 short of the $50,000 mark post which the price saw a minor correction of $1,000. The top cryptocurrency still looks quite bullish as miners’ selling has slowed down significantly which is a bullish sign suggesting miners are expecting the price to go further up. The net position

Bitcoin News
Bitcoin News

Bitcoin (BTC) Futures Open Interest Tops $17 Billion, December 2021 Futures Trading $10K Above Spot Price

Earlier today, Bitcoin (BTC) topped $50,000 levels hitting its new all-time high along with stablecoin reserves at the exchanges moving to all-time highs. The world’s largest cryptocurrency now is just short of becoming the first trillion-dollar crypto asset. Interestingly, the Bitcoin derivatives market has seen significant action with the aggregated open interest (across all exchanges)

Earlier today, Bitcoin (BTC) topped $50,000 levels hitting its new all-time high along with stablecoin reserves at the exchanges moving to all-time highs. The world’s largest cryptocurrency now is just short of becoming the first trillion-dollar crypto asset. Interestingly, the Bitcoin derivatives market has seen significant action with the aggregated open interest (across all exchanges)

bitcoin
Bitcoin News
bitcoin
Bitcoin News

After Bitcoin (BTC) Fails to Breach $50K, It Finds Strong Support At $46K

On Sunday, February 14, the Bitcoin (BTC) price shot to its new all-time high above $49,450 levels in a rally supported by strong buying on Asia exchanges. However, Bitcoin (BTC) failed to breach $50,000 levels and has seen minor pullback since then. At press time, Bitcoin (BTC) is trading at a price of $46,904 with

On Sunday, February 14, the Bitcoin (BTC) price shot to its new all-time high above $49,450 levels in a rally supported by strong buying on Asia exchanges. However, Bitcoin (BTC) failed to breach $50,000 levels and has seen minor pullback since then. At press time, Bitcoin (BTC) is trading at a price of $46,904 with

Bitcoin-BTC-miners
Bitcoin News
Bitcoin-BTC-miners
Bitcoin News

Bitcoin Whales Dominate BTC Price Movement and Ownership Even Today

Bitcoin (BTC) journey over the last month has been absolutely phenomenal as the world’s largest cryptocurrency trades close to $18,000. Surging over 60%, BTC has caught the attention of retail investors and institutions alike. While big financial institutions and billionaire investors have joined the Bitcoin mania in recent times, the fact remains BTC whales still

Bitcoin (BTC) journey over the last month has been absolutely phenomenal as the world’s largest cryptocurrency trades close to $18,000. Surging over 60%, BTC has caught the attention of retail investors and institutions alike. While big financial institutions and billionaire investors have joined the Bitcoin mania in recent times, the fact remains BTC whales still

BTC-2020-high
Bitcoin News
BTC-2020-high
Bitcoin News

Weekly Per Hour Bitcoin (BTC) Purchase Jumps 50%, Net Buyers Dominate Miner Selling

Bitcoin (BTC) price hits its new 2020-high as it inches closer to the $17,000 mark. At press time, Bitcoin (BTC) is trading at $16,615 with a market cap of $310 billion. Over the last month, the BTC price has appreciated over 50% as the net buyers on exchanges have overwhelmed the miner selling during this

Bitcoin (BTC) price hits its new 2020-high as it inches closer to the $17,000 mark. At press time, Bitcoin (BTC) is trading at $16,615 with a market cap of $310 billion. Over the last month, the BTC price has appreciated over 50% as the net buyers on exchanges have overwhelmed the miner selling during this

Bitcoin-BTC-Miners
Bitcoin News
Bitcoin-BTC-Miners
Bitcoin News

Bitcoin Halving: Miners On Edge As Bitcoin (BTC) Hash Rate Hits All-Time High

Bitcoin’s reward halving is less than 10 days away and the mining frenzy is at an all-time high as signaled by the exploding mining hash rate on Sunday, May 3rd, 2020. Miners will hope for a bull run in the coming days to keep profitability stable through the block reward halving in the next 9

Bitcoin’s reward halving is less than 10 days away and the mining frenzy is at an all-time high as signaled by the exploding mining hash rate on Sunday, May 3rd, 2020. Miners will hope for a bull run in the coming days to keep profitability stable through the block reward halving in the next 9

micree zhan
Bitcoin News
micree zhan
Bitcoin News

Bitmain Civil War: Company’s Co-Founder Micree Zhan Fired; Barred From Entering Office

According to crypto influencer Dovey Wan, the largest shareholder and co-f0under of Bitmain, Micree Zhan has been been ousted from the company. Jihan Wu has now taken over as the legal representative of Bitmain in China.  Bitmain Staff Prohibited From Taking Any Orders from Zhan Crypto influencer Dovey Wan, in a string of tweets, revealed

According to crypto influencer Dovey Wan, the largest shareholder and co-f0under of Bitmain, Micree Zhan has been been ousted from the company. Jihan Wu has now taken over as the legal representative of Bitmain in China.  Bitmain Staff Prohibited From Taking Any Orders from Zhan Crypto influencer Dovey Wan, in a string of tweets, revealed

Crypto Mining
Bitcoin News
Crypto Mining
Bitcoin News

Bitcoin Crash Hitting the Chinese Crypto Miners & Price of Mining Devices Hard

With Bitcoin currently down over 82 percent, the prices of crypto mining devices are falling hard and crypto miners are shutting down as business is falling. Mining Computers’ Price Plunge, Businesses Shut Down Crypto winter has been now going for over a year now. Bitcoin is currently down more than 82 percent from its all-time

With Bitcoin currently down over 82 percent, the prices of crypto mining devices are falling hard and crypto miners are shutting down as business is falling. Mining Computers’ Price Plunge, Businesses Shut Down Crypto winter has been now going for over a year now. Bitcoin is currently down more than 82 percent from its all-time

Bitcoin miner
Bitcoin News
Bitcoin miner
Bitcoin News

Bitcoin Miners Under Pressure, Is Chinese BTC Miners Really Shutting Down?

As Bitcoin takes a dip along with the hash rate, there have been reports of Bitcoin miners shutting down. Though, it has also surfaced that it is a standard procedure of upgradation in Chinese miner market, local media source reports of suspension of mining devices contracts and shut down of about 20,000 mining rigs. A

As Bitcoin takes a dip along with the hash rate, there have been reports of Bitcoin miners shutting down. Though, it has also surfaced that it is a standard procedure of upgradation in Chinese miner market, local media source reports of suspension of mining devices contracts and shut down of about 20,000 mining rigs. A

Bitcoin Miner
Bitcoin News
Bitcoin Miner
Bitcoin News

“Tens of thousands of Bitcoin Miners” Shutting Down as BTC Price Crashes and Hash Rate Drops

As bitcoin price and crypto market crashes, the bitcoin miners are forced to shut down their operations driven by the drop in the bitcoin hash rate. Crypto Market Devastation affecting the Miners Yesterday, we reported the decline in bitcoin hash rate as bitcoin price tumbled down. In less than a week, the crypto market has

As bitcoin price and crypto market crashes, the bitcoin miners are forced to shut down their operations driven by the drop in the bitcoin hash rate. Crypto Market Devastation affecting the Miners Yesterday, we reported the decline in bitcoin hash rate as bitcoin price tumbled down. In less than a week, the crypto market has