Largest Bitcoin Miners Lose More Than $1B
The most affected companies are Core Scientific, Marathon and Riot, as their total losses have exceeded $1 billion since the collapse of the Terra ecosystem.
Miners Sold More Than 5,700 BTC in July
Mining pools sold 3,767 BTC in July, whereas during the same month they mined 3,470 coins.
Cipher Mining Launches a Green Mining Center
Cryptocurrency miner Cipher Mining has just deployed Bitcoin miners at a new 40 MW data center in Texas that is powered by a wind farm.
Marathon Intends to Receive $100M from Silvergate Capital
Mining firm Marathon Digital Holdings has just agreed to open a $100 million revolving line of credit from Silvergate Capital secured by Bitcoin.
Kosovo Extends its Ban on Crypto Mining
The government of Kosovo has approved the introduction of emergency measures in the field of energy supply.
Bitcoin Hashrate Falls by Almost 30% After Texas Miners Shut Down Their Devices
Mining companies have been forced to shut down their crypto mining equipment due to the hot weather in Texas.
Crypto Miners Stop Their Activity in Texas Due to Peak in Electricity Demand
Cryptocurrency miners have shut down operations in Texas amid heatwave-driven peak electricity demand.
