A solo miner on NiceHash mined Bitcoin block #928,351 for less than $100 in rental hashpower. The miner earned a reward of 3.152 BTC, equivalent to approximately $271,000. Mempool statistics confirmed ...
Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...
The Bitcoin network’s total computational hash rate has entered a notable downtrend since October 18th, reversing what has otherwise been a consistent multi-year climb. The hash ribbons indicator, ...
At a time when Bitcoin (BTC) mining is dominated by large-scale mining farms with advanced, specialized hardware, the odds of a solo miner striking the so-called digital gold are astronomically low.
Bitcoin miners are using their computing power to service a thirsty AI boom, and investors are taking notice. Companies that once focused solely on mining digital tokens are signing long-term ...
One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...