Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis

In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to dry clean laundry, the machine also compensates the owner in satoshis. Bitcoin Mining’s Novel [...]

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The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership

A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company Bitdeer to “jointly develop green digital asset mining operations in the Kingdom of Bhutan.” Bhutan’s DHI Executive Says the Kingdom Is

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Bitcoin Mining In Canada: Hashrate Market Share Slumps From 13% To 7% in Just One Year

Despite initial growth and expansion in the Bitcoin mining industry, companies faced economic and political challenges resulting in a lackluster year-end performance.  Specifically, Canada’s market share in the global network hash rate reached a peak of 13% in 2021 but saw a decline to 7-8% by the end of 2022, according to the blog post from January […]

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Get Ready For Bitcoin Bull Market – Hashrate Index Predicts End of Bear Market in 2023

WU Blockchain reported yesterday that the professional mining data organization Hashrate Index has predicted that the current bear market for Bitcoin will come to an end in 2023.  It is currently too early for another full-scale bull market to occur. The report also states that the growth of Bitcoin’s hashrate will slow down and that ASICs (application-specific […]

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Bitcoin ASIC Miners Prices Per Terahash Hit All Time Low Of 80%

In what is being perceived as another indicator of a deepening crypto bear market, Bitcoin ASIC miners, devices designed solely for mining Bitcoin, are currently selling at bottom-of-the-barrel prices last seen in 2020 and 2021. The most effective ASIC miners, those that produce at least one terahash for every 38 joules of energy, have seen […]

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Bitcoin ASIC miner prices hovering at lows not seen in years

ASIC miners' price per terahash has fallen more than 80% from its peak in 2021 as Bitcoin mining machines continue to flood the marketplace.

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Bitcoin Mining Companies Owe Over $4B, Core Scientific Owing the Most: Report

An analysis of public Bitcoin mining companies by the Hashrate Index revealed that they owe more than $4 billion. The largest of them has already filed for bankruptcy due to its unmanageable debt load. On December 23rd, the Bitcoin mining analyst published a research report detailing the debt burdens of public miners and outlining who […]

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Bitcoin Mining Service Provider Luxor Launches Hashprice OTC Derivative

The company will track hashrate values through its own index and will pay out in USD or BTC, enabling non-physical access to the bitcoin mining industry.

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Luxor Updates Its Bitcoin Hash Rate Platform

The software company has introduced a new version of its Hashrate Index, which provides insights into the bitcoin mining industry.

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Bitcoin’s Hashrate Soars: Miners Reclaim Power Amidst Texas Turmoil

Bitcoin’s network hashrate has skyrocketed to unprecedented levels as miners regain their full operational capacity. According to the latest report from Hashrate Index, the average hashrate reached a staggering 401 EH/s over 7 days, while the 3-day average surged even further to an incredible 445 EH/s.  Global Miners Fuel Explosive Growth In Bitcoin Hashrate This resurgence […]

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