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Bitcoin Mining Difficulty Sets New Records, BTC Miners Capture $1.5 Billion in Revenue Last Month
By Jamie Redman
On Friday, April 2, 2021, Bitcoin’s mining difficulty is the highest it has even been in its lifetime but bitcoin miners still captured record revenues last month raking in $1.5 billion in coinbase rewards and transaction fees. Today, the blockchain’s…
Bitcoin Miners Record A Whopping $52.3 Million In Daily Profit
By Adrian Klent
Mining Bitcoin is becoming a highly profitable business for those skilled in the activity. Data published by Glassnode is shedding light on the booming industry of Bitcoin mining. In its weekly on-chain report, Glassnode revealed that Bitcoin miners have recorded…
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Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash
By Jamie Redman
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash…