Bitcoin’s mining power and network difficulty surged to highs this week, as market optimism for a bull rally grows ahead of US interest rate decisions to be made at the September 16-17 FOMC meeting.
Bitcoin’s mining difficulty climbed 5% to a record 150.84 trillion on Wednesday, marking the seventh straight upward adjustment, according to Glassnode. Difficulty, which resets every 2016 blocks ...
Bitcoin mining participation falls into “two major camps,” said Beau Turner of Abundant Mines — abstract exposure and direct ownership. Abstract exposure means you don’t buy machines or receive ...
Zachary K. Bradford opened the call highlighting "our most successful to-date across a multitude of metrics and reaffirms the strength of our strategy." Management reported record-setting revenue and ...
CEO Jason Les emphasized Riot's ongoing transformation, stating, "With the ability to build and develop high-performance compute data centers, we will transform Riot by establishing a robust and ...