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Miner profitability has plunged to unprecedented lows. Blocksbridge, a storage infrastructure firm, reports that miner hashprice has dipped below $36 per petahash per second (PH/s). This metric gauges mining profit margins. The outlook is grim. Blocksbridge predicts a bleak future for miners if the

Marathon Digital Holdings has made waves in the crypto world. The firm just bought $100 million worth of Bitcoin. This happened over the past month. Marathon is the world's largest Bitcoin miner. They're now using BTC as a strategic reserve asset. It's a big move. The company plans to go "full hodl"

Senator Cynthia Lummis has launched a blistering attack on the Biden administration's proposed 30% excise tax on Bitcoin mining energy consumption. According to Lummis, the White House has no idea about how green Bitcoin mining really is. Yes, green, despite all the popular myths. The pro-crypto law

Bitcoin's recent surge past $65,000 has set the crypto world abuzz. Analysts are now forecasting potential price targets north of $200,000. This bullish outlook stems from historical patterns and improving miner profitability. Pseudonymous analyst Cryptonary highlighted a key trend. "The end of Mine

Russian President Vladimir Putin has raised the alarm on an impending energy crisis. The culprit? Unchecked growth of bitcoin mining in the country. Yes, this is what President of the country amid conventional war is really worried about. Putin highlighted the massive power consumption of mining ope