Growing Complexity in Bitcoin Mining Landscape Amidst Centralization Risks: Coin Metrics
Since January 2023, two prominent mining pools have collectively controlled over 50% of Bitcoin's hash rate, posing an "ever-greater centralization
Since January 2023, two prominent mining pools have collectively controlled over 50% of Bitcoin's hash rate, posing an "ever-greater centralization
Bitmain to provide 27k Bitmain S19J XP 151 TH Bitcoin mining servers to Core Scientific in exchange for $23.1M cash
The development caused fluctuating transaction fees on the Bitcoin Network as miners compete for higher fee transactions.
On-chain data shows that F2Pool promptly returned the overpaid fee paid a few days ago to Paxos, rectifying the costly
"The transaction that paid nearly 20 BTC ($500,000) fee a few hours ago looks like an exchange or payment processor
Special satoshis are currently a big deal, and market participants have been on the lookout for over two months.
Riot Platforms was paid $31.7 million in energy credits by the Texas power grid operator ERCOT.
Marathon Digital has produced 7,368 Bitcoins year-to-date.
Canaan's Bitcoin mining revenue saw a 43% increase compared to the first quarter of 2023.
Argo's revenue in H1 equaled $24 million, representing a 31% decline compared to the first half of 2022.