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Through It All, the Bitcoin Mining Industry Looks Set for GrowthWill bitcoin miners survive the halving? 'They survived the drawdown to [$16,000], so sure they can,' cazenove_uk says. gckaloudis takes a look at how the prospects for the industry remain bright for MiningWeek, presented by FoundryServices:
Source: CoinDesk - 🏆 291. / 63 Read more »
Public Mining Companies Offer Better-Than-Bitcoin Price Exposure in 2023Miners have been on a run this year. Core Scientific (CORZ), Riot Blockchain (RIOT), Bitfarms (BITF), Iris Energy (IREN), and CleanSpark (CLSK) have traded up 947%, 442%, 300%, 458% and 212%, respectively. MiningWeek, presented by FoundryServices
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin Mining Machine Efficiency Doubled in Five YearsA recent report by Coin Metrics has news for fans of energy efficiency: ASIC miners overall are reducing their energy consumption per coin produced. But which are the most efficient? For Mining Week, CoinDesk dug deeper to determine which of 11 popular mining machines were the most competitive.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin Mining Computing Power May Drop as Much as 30% After Halving: ExpertsThe bitcoin halving next April could see as much as 30% of the hashrate dropping off the network, experts said in a Twitter Spaces hosted by CoinDesk's egreechee and Aoyon_A. MiningWeek, presented by FoundryServices
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin Mining Is an Oligopoly, and Proof-of-Stake Isn't Any BetterSatoshi Nakamoto solved several difficult game theory problems when inventing Bitcoin, Boto's Breno Araujo writes. But are the market incentives in bitcoin mining actually bad for users? Opinion. MiningWeek, presented by FoundryServices
Source: CoinDesk - 🏆 291. / 63 Read more »