On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per second (PH/s), also referred to as the hashprice, to drop below $36 two days prior. Miners Grapple With Unprecedented Low Hashprice […]
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Mawson CEO Fired for Cause Amid Accusations of Fraud and Misconduct
Bitcoin mining and colocation provider Mawson Infrastructure has terminated its CEO and President, Rahul Mewawalla, for cause, accusing him of...