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Bitmain Nets $45M in Q1 Bitcoin Miner Fees from BitFuFu
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Bitmain Nets $45M in Q1 Bitcoin Miner Fees from BitFuFu

BitFuFu claims to have over 320,000 cloud mining customers

May 20, 2024
Miner Weekly: Mining Pubcos Raised $2B in Pre-Halving Quarter
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Miner Weekly: Mining Pubcos Raised $2B in Pre-Halving Quarter

But numbers for Q2 will likely be much lower

May 16, 2024
Bitfarms Secures Another 100 MW of Hydropower Bitcoin Mining Capacity
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Bitfarms Secures Another 100 MW of Hydropower Bitcoin Mining Capacity

Target of 21 EH/s by 2024 "remains on schedule," chief mining officer said.

May 14, 2024
Former CEO Sues Bitcoin Miner Bitfarms Demanding $27M
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Former CEO Sues Bitcoin Miner Bitfarms Demanding $27M

Bitfarms chairman and co-founder Nicolas Bonta has been appointed interim president and CEO

May 13, 2024
‘Massive’ Solo Miner Wins $200k Bitcoin Rewards with 0.5 EH/s
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‘Massive’ Solo Miner Wins $200k Bitcoin Rewards with 0.5 EH/s

A mining fleet of 0.5 EH/s is equivalent to running 2,500 units of the Antminer S21

May 13, 2024
Miner Weekly: Finally, Bitcoin Miners Can Catch a Short Breath
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Miner Weekly: Finally, Bitcoin Miners Can Catch a Short Breath

Difficulty goes down by 6% amid hashrate shutoff

May 9, 2024
Bitcoin Hashrate Drops Below 600 EH/s Following Hashprice All-Time Lows
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Bitcoin Hashrate Drops Below 600 EH/s Following Hashprice All-Time Lows

Upcoming difficulty adjustment is set to ease the network competition by about 6.2%

May 8, 2024
Hut 8 Mines 36% Less Bitcoin in April Amid Halving and Miner Relocation
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Hut 8 Mines 36% Less Bitcoin in April Amid Halving and Miner Relocation

63MW energized in new proprietary Texas site for relocated miners from Kearney and Granbury

May 6, 2024
Miner Weekly: Negative Margins Become a Harsh Reality Post-Halving
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Miner Weekly: Negative Margins Become a Harsh Reality Post-Halving

Hashprice squeezed to $45/PH/s as halving pain kicks in

May 2, 2024
Bitcoin Miner Stronghold Mulls Sales After Halving
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Bitcoin Miner Stronghold Mulls Sales After Halving

Stronghold mined 546 BTC in Q1 with 4.1 EH/s of hashrate and a power capacity of 130MW

May 2, 2024
Riot Raises $500M as Bitcoin Mining Hashcost Jumps to $80/PH/s
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Riot Raises $500M as Bitcoin Mining Hashcost Jumps to $80/PH/s

Riot has terminated the data center hosting business

May 1, 2024
MARA Pool Mines 11% More Bitcoin Blocks in Hashrate Recovery
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MARA Pool Mines 11% More Bitcoin Blocks in Hashrate Recovery

Applied Digital expects to restore the Ellendale site's uptime to 75% by end of May

April 30, 2024