This $2.8 Billion Coal Miner Has Been Mining Bitcoin, Too
Alliance Resource Partners now holds $25 million in BTC, which it earned with mining rigs first purchased in 2020.
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Alliance Resource Partners now holds $25 million in BTC, which it earned with mining rigs first purchased in 2020.
This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s...
On a Q1 earnings call yesterday, Alliance Resource Partners, a coal mining company worth $2.8 billion that trades under the ticker...
In Bitcoin mining, the activity’s profitability is significantly influenced by a metric known as the ‘hash price.’ This metric has...
While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo...
One miner's perseverance in the face of the dominance of centralized mining firms and major mining pools has paid off.
Last week Paypal released a whitepaper in partnership with Energy Web and DMG Blockchain Solutions, describing a “Green Mining Ini...
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of red...
The solo miner netted around $200,000 in rewards for validating block 841,286.
On Friday, Bitcoin’s hashprice was $56.95 per petahash per second (PH/s), but by Sunday, it had dropped to $51.66 per petahash. Ov...
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, partic...
This week’s Crypto Biz examines X’s upcoming payment system, the NYSE’s potential 24/7 trading, Block’s expansion into Bitcoin min...
In the last 24 hours, bitcoin miners have faced significantly reduced earnings, with the current hashprice lingering at a signific...
Bitcoin miner Marathon Digital is ahead of schedule, now expecting to reach 50 EH/s of mining power by end of 2024 instead of 2025...
The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BT...
The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightcl...
Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded cap...
If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.
According to recent data, transactions linked to the Runes protocol have been notably high in block utilization since its implemen...