Bitcoin Miners Must Optimize to Survive

Bitcoin Miners Must Optimize to Survive

[ad_1] Bitcoin miners who have not optimized their existing infrastructure, built their own high-performing data center team, developed their own software stack, and managed their power contracts effectively will face a difficult period after the halving. They will be highly vulnerable to larger players who have the infrastructure to dramatically improve their operations. As a … Read more

Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month

Bitcoin Miner Core Scientific to Emerge From Bankruptcy, Re-List Shares This Month

[ad_1] At the peak of the 2021 bull market, when the bitcoin price rose more than $60,000, the company was the largest publicly traded bitcoin miner by computing power or hash rate, operating 143,000 mining rigs. However, by the time Core Scientific filed for Chapter 11 on Dec. 21, 2022, the price of bitcoin had … Read more