Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $ 0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is …
Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s. Bitcoin’s Difficulty Increases, Hashrate Falters Since block height 878,976 was mined, the […]
Over the past year, leading manufacturers of application-specific integrated circuit (ASIC) bitcoin mining rigs have introduced a range of cutting-edge devices. Many of these rigs are quickly snapped up by major mining enterprises, often disappearing from shelves shortly after release. Below is an exploration of the availability of these bitcoin miners for the average enthusiast—a […]
Seven in ten publicly traded bitcoin (BTC) mining companies are enjoying a strong start to 2025, with Riot Platforms leading the pack in terms of percentage gains among the top ten firms by market cap. Riot Platforms Rallies As 7 out of the Top 10 Bitcoin Miners by Market Cap Start 2025 in the Green […]
Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $ CORZ, $ WULF, $ IREN, and $ HUT recorded the largest increases in institutional ownership. Institutional Investment Shifts in Bitcoin Mining: Major Players and Emerging Trends in 2024 The …