Bitmain Slashes Bitcoin ASIC Prices as Weak Hashprice Pressures Hardware Market
Bitmain is accelerating price cuts across both legacy and current-generation bitcoin mining hardware, according to recent social media promotions and internal price lists sent to customers.
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Bitcoin Difficulty Holds Firm, Pointing to Limited Miner Capitulation
Bitcoin’s network difficulty posted a marginal 0.04% increase on Thursday, following three consecutive downward adjustments of –0.74%, –1.95% and –2.37%.
Cipher Enters PJM With 200 MW Ohio Site Aimed at HPC Workloads
Cipher has acquired a 200-megawatt power site in Ohio, marking the bitcoin miner’s first expansion outside of Texas as part of its focus on HPC and data center expansion.
Tether-Linked Entities Reportedly Bought Northern Data’s Bitcoin Mining Unit
Companies controlled by senior executives at Tether were reportedly among the buyers of Peak Mining, the bitcoin mining arm sold by Northern Data, which is majority owned by the stablecoin giant.
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