Tag: Mining

Google Gains 5.4% Cipher Stake by Backing $1.4 Billion in Fluidstack Mining Deal

Key Notes Google obtains 5.4% ownership in Cipher through backstopping Fluidstack’s $1.4 billion lease commitments in the deal. The infrastructure contract spans 10 years with potential extensions that could increase total revenue to $7 billion. Cipher’s stock declined 12% despite the partnership as the company simultaneously seeks $800 million in debt financing. AI infrastructure firm Fluidstack has entered a three billion dollar agreement to provide 168 MW of critical IT load to cryptocurrency mining company Cipher. Under the arrangement, Google will backstop $1.4 billion of Fluidstack’s lease obligations in exchange…

Blasting Process in Mining

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Rock blasting is a controlled excavation technique used in mining, construction, and civil engineering to break up and remove rock masses. Here’s a basic explanation: The process typically involves: 1. Drilling holes in the rock according to an engineered pattern 2. Loading the holes with explosives (usually commercial-grade materials like ANFO or dynamite) 3. Installing detonators and connecting them in a precise sequence 4. Clearing the area and providing warnings 5. Detonating the explosives in a controlled manner 6. Removing the broken…

bitcoin mining crypto miner app to bank transfer full details in telugu #bitcoinmining #banktransfer

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io here is am showing how to transfer bitcoin mining app to bank transfer directly Fallow those steps simply FOR BIT COIN MINING APP: Join Bitcoin Mining app, and earn crypto by tracking your sleeping. Get 10% extra earnings for me and you by using my link or download the app and add my invite code 2wX1kA0lDB0qO5L8 directly. FOR SPEED WALLET: Hi! I’m inviting you to use Speed Wallet. Use my referral code SW2I5W or simply click the link below to get started.…

Bitcoin Mining Difficulty Hits New All-Time High Again in September

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The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s hashrate, the average of the total computing power securing the decentralized monetary protocol, also hit an all-time high of over 1.1 trillion hashes per second on Friday, according to CryptoQuant. The rising mining difficulty and…

Bitcoin Mining Difficulty Hits New Peak, Squeezing Miner Profits

Key Notes Bitcoin’s network difficulty has hit a new record, indicating a significant increase in the total computing power securing the network. This higher difficulty strengthens Bitcoin’s security protocols, making the blockchain more resilient to potential 51% attacks. Miners now face increased operational costs and pressure on profits, which could worsen the existing concentration of power among top mining pools. Bitcoin BTC $115 927 24h volatility: 1.3% Market cap: $2.31 T Vol. 24h: $37.31 B miners are feeling the pressure as the network’s mining difficulty climbed to a new all-time…

Bitcoin Mining Stocks Rally: Bitfarms Surges 162%, Cipher Mining 40% in September

Key Notes Bitfarms reached one-year highs at $3.20 after ten consecutive trading days of gains and 174 million share volume surge. Cipher Mining hit 52-week peaks at $12.66 while delivering 313% returns over six months through AI diversification strategy. Mining companies pivot to artificial intelligence and high-performance computing as Bitcoin difficulty increases and transaction fees decline. Bitfarms and Cipher Mining emerged as standout performers in September’s Bitcoin mining stock surge, with both companies posting remarkable gains as the sector outpaced Bitcoin itself by significant margins. Bitcoin mining stocks experienced exceptional…

7 reasons why Bitcoin mining is a terrible business idea

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Bitcoin miners make an invaluable contribution to the security of the hardest money known to man, but it’s a risky and challenging way to make a buck. Between 5,000 and 10,000 Bitcoin miners operate across the world, ranging from solo miners to massive corporations. It takes an average of 12 years for a solo miner to find a block — meaning they do it for love and the lottery-like chance of striking big. Some organizations operate hundreds of thousands of Antminers. Sam Tabar is the CEO of Bit Digital, a…

Bitcoin mining industry ‘going to be dead in 2 years’: Bit Digital CEO

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Bit Digital CEO Sam Tabar says the commercial Bitcoin mining industry is “doomed” — even though Bitcoin mining itself will live on.   The “Bitcoin mining industry is going to be dead in two years” he tells Magazine, explaining the economics of profit and loss will no longer stack up from a business perspective. “There’s no way the mining industry can survive another halving and then, at the same time, the sovereigns get into, start participating in Bitcoin mining.” Bit Digital started life as a peer-to-peer car rental service in China…

Bitcoin Mining Stocks Outperform BTC as AI Pivot Drives Rally

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Bitcoin mining stocks extended their recovery in September, outpacing Bitcoin even as industry economics remain under pressure and hardware payback periods stretch longer. According to The Miner Mag’s latest industry update, shares of Cipher Mining (CIFR), Terawulf (WULF), Iris Energy (IREN), Hive Digital Technologies (HIVE) and Bitfarms (BITF) surged between 73% and 124% over the past month. By contrast, Bitcoin (BTC) slipped more than 3% over the same period. Several Bitcoin mining stocks are trading at yearly or all-time highs. Source: The Miner Mag The rally in mining stocks comes…