BitNile Holdings Inc. is expecting its Bitcoin mining production run rate to nearly double by the end of the year. The investment holding company said Monday that its run rate is projected to hit 4.7 bitcoin a day by month's end and 9.3 bitcoin a day by year's end with the help of new miners being installed this month.
According to the Wall Street Journal, Ether's recent shift from its previous PoW to a PoS model, which classifies the world's second largest cryptocurrency as a security, may have caught the attention of SEC Chairman Gensler.
Forestminer is a new Ethereum Miner manufacturer. They bring us their newest product for 2022. This power Ethereum Miner comes with 2800Mh/s Hashrate with 3700W Power consumption. Definitely one of most profitable miners of the year in 2022.
Data analytics platform Glassnode has also provided an update on Bitcoin Hashrate. The share of BTC hashrate of Poolin has declined by over 12.4% to just 4.8% of the total.
The massive overhaul of Ethereum known as the Merge has finally happened, moving the digital machinery at the core of the second-largest cryptocurrency to a vastly more energy-efficient system after years of development and delay.
A broad miner capitulation started in the beginning of the summer as the bitcoin price took a deep plunge, erasing all gains made in the previous year.
Ethereum’s co-founder Vitalik Buterin recently did an interview with the economics author Noah Smith and Buterin had a lot to say about the current state of crypto.
As Bitcoin has won millions of hearts economically and financially, policymakers and major financial institutions have continued to warn investors of the ripple effects its volatility could cause.
Bitcoin miners took over mining profitability in the course of the month of April, with Ethereum miners generating $224 million more income than Bitcoin miners.