Bitcoin Mining Is So Back (Except It’s AI Now)

Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It’s paying off, at least in their stock prices.

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Bitcoin miners have no effect on market actions: Glassnode

Bitcoin miners don’t sway the market as much as you think. According to Glassnode, miners’ influence has dwindled.

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Bitcoin Mining Profitability Faces Challenges Amid Record Hashrate: What’s Next for Miners

The unprecedented surge in Bitcoin’s network hash rate, now soaring to an astonishing 635 exahashes per second (EH/s), has ushered in a new era of complexity and competition in the mining sector.

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Bitcoin mining analyst on Bitfarms: ‘CEO overhang now lifted’

Despite recent takeover attempts and staff changes, analysts at H.C. Wainwright believe that Bitfarms’ future is bright.

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Crypto Mining In Russia: Putin Warns Of Potential Energy Catastrophe

Russian President Vladimir Putin has cautioned of an impending energy problem brought about by the unbridled growth of bitcoin mining in his nation. Emphasizing the enormous power consumption of mining activities, Putin said that these operations account for about 1.5% of Russia’s overall electricity consumption.

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Why is Russia Crypto Mining Dilemma Global Concern?

Russia has become a major player in cryptocurrency mining due to its ample energy sources and affordable electricity prices. Nevertheless, this quick increase has not occurred without repercussions.

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