Miners


Finance

Bitcoin Mining Is a Game of Survival, Consolidation and Potential AI Diversification: Bernstein

Mining stocks have been resurgent this year due to improving sentiment from institutional ETF filings and potential revenue diversification into high-performance computing and AI, the report said.

A Hut 8 mining facility (hut8.io)

Markets

Bitcoin, Ether Supply on Exchanges Fell in June: Goldman Sachs

Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said.

Crypto exchanges are facing regulatory headwinds. (Dimitris Vetsikas/Pixabay)

Consensus Magazine

Austin: Where Remote-Work Crypto Developers Actually Choose to Live

A critical mass of the world’s top Bitcoin developers and mining companies call the No. 9 spot in CoinDesk’s Crypto Hubs 2023 their home, lured by the city’s attractive weather, live music and food scene, as well as the lack of state income taxes.

Parker Lewis, left, interviewing former Riot Blockchain Chief Commercial Officer Chad Harris at Bitcoin Commons in May 2023.

Markets

Bitcoin Miners Transfer $174M Worth of Coins to Exchanges in Two Weeks

The 14-day average of miner transfers to exchanges has increased sharply to 489.26 BTC, the highest since March 2021, according to Glassnode.

Bitcoin miners (Shutterstock)

Finance

Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected

The delays are impairing the miner's hashrate and bitcoin production.

A Hut 8 mining facility (hut8.io)

Finance

Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners

Miners will be scored based on their use of clean energy and grid impact.

(Rachel Sun/CoinDesk)

Tech

Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development

Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."

Fred Thiel at Bitcoin 2023. (Frederick Munawa)

Tech

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly fivefold in two weeks, thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.

(Glassnode)

Finance

Valuations and M&A Show Things Aren’t So Bad for Crypto

Two aspects of the crypto world, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing.

(Klaus Vedfelt/GettyImages)

Markets

Bitcoin Miners' Revenue From Fees Rises Suggesting Onset of Major Bull Run

The two-year "Z-score" for miner revenue from fees has turned positive after a long time, signaling new waves of adoption.

El regreso de las comisiones por encima de la media en la red de Bitcoin apunta a un futuro mercado alcista. (royharryman/Pixabay)