Bitdeer has sold 25% of its total Bitcoin holdings, which amounts to 487 BTC. This move aligns with a common practice among Bitcoin miners to periodically sell portions of their mined Bitcoin to support their operations and investments. Additionally, public mining firms have been adjusting their holdings in response to ongoing challenges, such as increases in network difficulty and rising energy costs.
Bitcoin mining difficulty increased by 14.73% to reach 144.4 TH at block 937,440, a move aimed at maintaining steady block times in the network. This adjustment comes as the average network hashrate hovers around 1.06 […]
Bitcoin mining difficulty has rebounded following a temporary dip caused by winter storms that knocked some miners offline. This adjustment underscores the resilience of Bitcoin’s network, which automatically adapts to environmental disruptions to ensure consistent […]
A mystery Hong Kong-linked investor has acquired a substantial $436 million stake in BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund, which has sparked speculation regarding the true identity and intentions of the investor represented by […]