By Kyle Baird CleanSpark is ending monthly mining reports, while BitFuFu faces uncertainty over its Ethiopia deal. Source:: CleanSpark and BitFuFu see bitcoin production slip in September as Canaan remains flat
Tag: Ethiopia
By Emir Abyazov Key highlights: Bitcoin’s hash rate dropped 4% in December, marking its steepest decline since April 2024. VanEck analysts say prolonged hash rate declines have historically preceded stronger Bitcoin returns. Rising energy costs and competition from AI data centers are pressuring miners worldwide. Bitcoin miners are beginning to capitulate, and some analysts believe […]
By Emir Abyazov Key highlights: The next Bitcoin halving could be the breaking point for miners State-owned power gives governments a huge edge in Bitcoin mining Commercial mining costs now exceed $100,000 per Bitcoin Commercial Bitcoin miners may not survive the next halving Bit Digital CEO Sam Tabar has issued a stark warning for […]