During the first week of August 2024, Bitcoin’s hashprice—a key metric that gauges the daily value of one petahash per second (PH/s) of hashpower—dipped to its lowest point in history, sliding below $38 per PH/s. In this fiercely competitive bitcoin mining arena, only the most resilient operations can thrive, with the best-performing machines bringing in […]
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Reported Riot 500 BTC custody transfer exposes Bitcoin miners’ AI funding pressure
Riot Platforms' reported 500 BTC movement to NYDIG Custody gives the market a live signal for how public miners may...
