Earlier this week, a sweeping US winter storm pushed Bitcoin miners to curtail, pulling a noticeable chunk of computing power off the network in a short window. Data shows a 40% dip in hashrate between […]
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In brief The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant. The metric measures the price of Bitcoin versus the profitability of running a Bitcoin mining operation. Shares of publicly traded […]
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Strategy shares dropped as low as 10% today, currently trading at $142.88 and hitting a session low of $140.25 — the bottom of the stock’s 52-week range. The decline comes as Bitcoin, which heavily influences […]
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Bitcoin mining stocks saw a significant bump on Wednesday after the US winter storm forced some companies to wind down operations, leading to lower block competition and more profitable mining operations. Shares of several major […]
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One thing we rarely think about is how bad weather can affect Bitcoin’s security, but it happens fairly regularly. Snow can legitimately pose a risk to Bitcoin miners who secure the blockchain. The snow shows […]
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