Disastrous. The post Bitcoin Is Crashing So Hard That Miners Are Unplugging Their Equipment appeared first on Futurism.

Bitcoin miners are now earning just $28 million a day. That’s the lowest they’ve made all year. The crash in revenue comes as the price of Bitcoin sinks and electricity bills go through the roof. Many ...

The price of Bitcoin crashed below $63,000 on Thursday, not far above the average production cost of publicly traded miners.

Shares in publicly traded Bitcoin miners are tumbling as the top crypto asset extends its losses to nearly 20% on the week.

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, ...

Bitcoin mining has reached record scale, but a new report shows profits are shrinking fast, leaving miners more exposed to ...

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 ...

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 (BTC) rallied to $91,950 on Wednesday as data showed the market sitting at a key inflection point. Data from Capriole Investments placed Bitcoin’s production cost near $83,873, while the ...