This article first appeared in Miner Weekly, a weekly newsletter by Blocks Bridge Consulting, curating the latest news in energy, bitcoin, and AI compute from The Energy Mag....
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Week 24 – Mining Payouts 03/17/19
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KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun selling its BTC holdings as the battery technology company shifts capital back toward its core...
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Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot to AI.Key points:Bitcoin miners now rely on block subsidies more than at...
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Key TakeawaysKeel shut all U.S. bitcoin mining as Q2 revenue fell 50% to $30.4M during its AI pivot.Keel sold 1,085 BTC, leaving $819M in liquidity as miners chase...
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Bitcoin miner HIVE Digital Technologies missed the Aug. 10 deadline for its quarter-ended-June 30 Form 10-Q even as preliminary revenue climbed to approximately $79 million.In an Aug. 11...
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