Articles Bitcoin Mining Industry Report: December 2024: Monthly Operational Updates The Bitcoin price surged to an all-time high of $108,268 on December 17, 2024, before closing the month at $93,429. This strong performance is expected to present a more favorable outlook as Q4 2024 earnings reports are released in February and March 2025.
Articles A Year of Transformation for Hut 8 Corp One Year In: Reflecting on the Impact of the Hut 8 Corp Merger
Articles CleanSpark's Strategic Move: Unpacking the $650 Million Convertible Note Bitcoin Miners have been quick to utilize Convertible Notes as a lever to raise capital achieving over $5 Billion, in the past 6 months alone, now that the rates available are extremely competitive.
Articles Bitcoin Mining Industry Report: November 2024 - Monthly Operational Updates Bitcoin surpassed $100,000 for the first time on Thursday 5 December, 2024, marking a significant milestone in the realm of digital assets and even recognized by some of the largest skeptics.
Articles What I Learned Interning with Compass Mining From navigating complex supply chains to understanding the ever-evolving energy demands of mining operations, Compass Mining has been a powerful training ground.
Articles Bitcoin Mining Industry Report: October 2024 - Monthly Operational Updates The mining difficulty has consistently risen as the global hash rate expanded with the addition of more mining machines, ending October at 95.6727 terahashes (T). This represents a 4.2% increase for the month, which has significant implications for production.
Articles Core Scientific Achieves Key Milestone in HPC Hosting Strategy Expanding its Reach in High-Performance Computing, Core Scientific Secures 500 MW Contract with CoreWeave. Core Scientific (CORZ), a leader in digital infrastructure and Bitcoin mining, has rapidly achieved its high-performance
Articles How Bitcoin Miners Subsidize Your Energy Bill A Norwegian town campaigned to shut down a bitcoin mining operation in their town. They got their wish . . . and a huge increase in their power bills. Does the public’s
Articles Bitcoin Mining Industry Report: September 2024 - Monthly Operational Updates The month of September witnessed the global hash rate continue to rise, with more machines coming onto the network and mining difficulty reaching an
Articles Gaining Real World Skills As An Operations Intern at Compass Mining My name is Lior Mouallem and I’m currently a student at Metropolitan State University of Denver where I’m studying to get my Bachelor’s degree in Business Intelligence. The following blog post reflects on my first two weeks as an Operations Intern at Compass Mining.
Articles How Miners Have Leveraged Capital for Growth and Shareholder Value: Part 2 of 2 Capital-raising mechanisms such as At-the-Market (ATM) offerings, PIPE transactions, and convertible notes offer miners flexibility in securing funding while managing the risks of shareholder dilution.
Articles How Bitcoin Miners have utilized access to Capital for Growth and Value: Part 1 of 2 Public Bitcoin miners effectively have three primary levers to raise capital: 1. Equity Offerings: By issuing new shares, both publicly and privately, miners can raise funds
Articles Bitcoin Mining Industry Report: August 2024 - Monthly Operational Updates This article provides an overview of the Bitcoin mining industry's operational updates for August 2024, including key metrics, industry trends, and performance insights.
Articles Five useful Valuation Metrics for Bitcoin Miners The article outlines five key valuation metrics for assessing Bitcoin mining companies, including the current ratio, enterprise value (EV) to net assets ratio, debt to equity ratio, EV to current hash rate, and EV to future hash rate.
Articles The Mystery of Hash Price | Analyzing Today Into The Future Hash price is a critical metric that bitcoin miners use to measure their current and potential revenue. Hash price is the amount of bitcoin a miner can expect to earn
Articles Tax Considerations for Bitcoin Miners Genesis Understanding - What US taxes apply to Bitcoin Mining?
Articles Mining Difficulty in Bitcoin and Its Impact on Miners Mining difficulty in Bitcoin's proof-of-work system regulates block creation and network stability by adjusting every 2016 blocks to maintain a consistent block rate despite changes in computational power.
Articles Bitcoin Mining Industry Report: July 2024 - Monthly Operational Updates Bitcoin price The Bitcoin price closed the month of July at $64,619 increasing by 3.1% during the month, providing much needed relief for Bitcoin miners who have witnessed
Articles Marathon Digital v Riot Platforms Q2 earnings comparison In August, the North American public miners will release their quarterly financials for the period of April 1 to June 30, 2024. Notably, a halving event occurred, marking a significant
Articles How Bitcoin’s Decentralized Network Protects Bitcoin Miners From Centralized Chaos In the last couple of weeks, major network outages have significantly interfered with daily business operations and affected millions of people. Crowdstrike, whose faulty update led to a global network
Articles Antminer S21 Fleet Booster Sale Antminer S21 Fleet Booster Sale, get up to 10% off bulk purchases of the new Antminer S21.
Articles Bitcoin Miners are shifting towards HPC and AI Data Business Models Bitcoin miners are diversifying into high-performance computing (HPC) and artificial intelligence (AI) data business models due to the fluctuating profitability of traditional mining, leveraging their powerful infrastructure for broader applications and potentially higher returns.
Articles La Niña’s Impact On Bitcoin's Miners This Winter La Niña is expected to bring warmer and drier weather to the southern U.S., leading to higher cooling costs and energy grid competition for Bitcoin miners in Texas, while northern regions will face colder, snowier conditions that could disrupt mining operations.
Articles Bitcoin Mining Industry Report: June 2024 - Bitfarms names new CEO and Monthly Operational Updates The Bitcoin mining difficulty reduced by an average of 0.8% in June, which saw the Bitcoin price end the month 7% lower than in May, closing at $62,678