The fact that a #BitcoinMiner with 10% market share has filed for #bankruptcy shows the significance of the fact that the #bitcoin price has hovered at the average mining cost of ~$17,000 since November 9 (and note that 45% of a proposed rescue package hangs on a #BTC price of $18,500). https://www.coindesk.com/business/2022/12/21/core-scientific-one-of-the-largest-bitcoin-miners-files-for-bankruptcy-protection/
#bitcoin #btc #BitcoinMiner #bankruptcy
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
https://news.bitcoin.com/2-lenders-claim-bitcoin-miner-iris-energy-defaulted-on-equipment-loans-worth-103-million/
#BitcoinminerIrisEnergy #IrisEnergymining #IrisEnergyshares #britishcolumbia #IrisEnergystock #CoreScientific #publiclylisted #Bitcoinmining #bitcoinminer #computenorth #IrisEnergy #self-mine #BTCminer #capacity #defaults #Default #Mining #Texas #IREN
#BitcoinminerIrisEnergy #IrisEnergymining #IrisEnergyshares #britishcolumbia #irisenergystock #CoreScientific #publiclylisted #bitcoinmining #BitcoinMiner #computenorth #irisenergy #self #BTCminer #capacity #defaults #default #mining #texas #IREN
Publicly Listed Bitcoin Miner Core Scientific Publishes Update After SEC Filing That Mentions ‘Restructuring’
https://news.bitcoin.com/publicly-listed-bitcoin-miner-core-scientific-publishes-update-after-sec-filing-that-mentions-restructuring/
#CoreScientific’sSECfiling #negativeexposure #B.Rileyanalyst #CoreScientific #BitcoinMiners #CORZdowngrade #Octoberupdate #restructuring #Bitcoin(BTC) #bitcoinminer #Bankruptcy #bankrupt #BTCminer #BTCPrice #reserves #analyst #Mining #mining #24BTC
#CoreScientific #negativeexposure #b #BitcoinMiners #CORZdowngrade #octoberupdate #restructuring #bitcoin #BitcoinMiner #bankruptcy #bankrupt #BTCminer #BTCprice #reserves #Analyst #mining #24BTC
There Is Potential For More Capitulation From Bitcoin Miners
https://bitcoinmagazine.com/business/potential-for-bitcoin-miner-capitulation
#MarathonDigitalHoldings #BitcoinMagazinePro #corescientific #ArgoBlockchain #PublicMiners #BitcoinMiner #CleanSpark #Stronghold #Terawulf #Business
#MarathonDigitalHoldings #BitcoinMagazinePro #CoreScientific #ArgoBlockchain #PublicMiners #BitcoinMiner #CleanSpark #Stronghold #Terawulf #business
Argo Blockchain Stock Plummets 37.5% as Firm Risks Bankruptcy
https://www.coinspeaker.com/argo-blockchain-stock-bankruptcy/
#Cryptocurrencynews #argoblockchain #BusinessNews #bitcoinminer #BitcoinNews #MarketNews #bitcoin #Stocks #News #argo
#Cryptocurrencynews #ArgoBlockchain #BusinessNews #BitcoinMiner #bitcoinnews #MarketNews #bitcoin #stocks #news #Argo
Core Scientific Shares Downgraded After SEC Filing Hints at Possible Bankruptcy
https://news.bitcoin.com/core-scientific-shares-downgraded-after-sec-filing-hints-at-possible-bankruptcy/
#CoreScientific’sSECfiling #negativeexposure #B.Rileyanalyst #CoreScientific #BitcoinMiners #CORZdowngrade #Bitcoin(BTC) #bitcoinminer #Bankruptcy #bankrupt #BTCminer #BTCPrice #reserves #analyst #Mining #mining #nasdaq #24BTC #CORZ #BTC #SEC
#CoreScientific #negativeexposure #b #BitcoinMiners #CORZdowngrade #bitcoin #BitcoinMiner #bankruptcy #bankrupt #BTCminer #BTCprice #reserves #Analyst #mining #nasdaq #24BTC #CORZ #btc #sec
Bitcoin Miner Pow.re Begins Mining Facility Construction in Paraguay, Acquires 3,600 Microbt ASICs
https://news.bitcoin.com/bitcoin-miner-pow-re-begins-mining-facility-construction-in-paraguay-acquires-3600-microbt-asics/
#BTCdatacentersParaguay #Pow.re’sco-founderSJOh #bitcoinminingcompany #CouncilofKahnawake #Pow.reco-founders #MiningOperations #Bitcoinmining #IanDescôteaux #bitcoinminer #2facilities #DataCenters #Whatsminers #miningrigs #BTCMining #Asunción #Paraguay #396PH/s #Microbt
#BTCdatacentersParaguay #pow #Bitcoinminingcompany #CouncilofKahnawake #MiningOperations #bitcoinmining #IanDescôteaux #BitcoinMiner #2facilities #DataCenters #Whatsminers #miningrigs #BTCMining #asunción #paraguay #396PH #Microbt
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining
https://news.bitcoin.com/kenyan-firm-using-wasted-energy-to-mine-bitcoin-business-model-said-to-potentially-help-decentralize-mining/
#cheapelectricity #Bitcoinmining #bitcoinminer #hashingpower #ErikHersman #Hashpower #Gridless #Mining #Kenya
#cheapelectricity #bitcoinmining #BitcoinMiner #hashingpower #ErikHersman #Hashpower #Gridless #mining #kenya
Bitcoin Miner CleanSpark Purchases 10,000 Antminers For $28 Million
https://bitcoinmagazine.com/business/cleanspark-purchases-10000-bitcoin-miners-worth-28-million
#BitcoinMiner #CleanSpark #Antminer #Business #News
#BitcoinMiner #CleanSpark #Antminer #business #news
Bitcoin ASIC Maker Canaan To Launch U.S. Mining Operations
https://bitcoinmagazine.com/business/canaan-to-launch-us-bitcoin-mining-operations
#Bitcoinmining #BitcoinMiner #Business #Canaan #News #US
#bitcoinmining #BitcoinMiner #business #Canaan #news #us
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
https://news.bitcoin.com/foundry-digital-launches-logistics-arm-to-advance-standards-in-the-cryptocurrency-mining-industry/
#cryptomininglogistics #semiconductorchip #FoundryLogistics #SecondaryMarket #FoundryAcademy #miningmachines #Bitcoinmining #bitcoinminer #computenorth #SupplyChain #ASICminers #FoundryUSA #miningpool #BTCMining #Logistics #Foundryx #MKSathya #Bitmain #Foundry #staking
#cryptomininglogistics #semiconductorchip #FoundryLogistics #SecondaryMarket #FoundryAcademy #miningmachines #bitcoinmining #BitcoinMiner #computenorth #SupplyChain #ASICminers #FoundryUSA #miningPool #BTCMining #Logistics #Foundryx #MKSathya #Bitmain #Foundry #staking
Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters
https://news.bitcoin.com/zebedee-inks-deal-with-mobile-game-studio-viker-to-add-btc-rewards-to-solitaire-sudoku-missing-letters/
#Non-fungibleToken #play-to-earn(P2E) #lightningnetwork #MissingLetters #Bitcoin(BTC) #bitcoinminer #cryptogames #GameStudios #MobileGames #squareenix #VideoGames #FumbGames #NFTsgames #Solitaire #gamers #Sudoku #Wordle #Games #Viker #News #NFTs #BTC #nft
#non #play #lightningnetwork #MissingLetters #bitcoin #BitcoinMiner #CryptoGames #GameStudios #MobileGames #squareenix #videogames #FumbGames #NFTsgames #solitaire #gamers #Sudoku #Wordle #games #Viker #news #NFTs #btc #nft
Bitcoin Miner Revenues Continue To Plunge, But Will The Rally Change This?
https://www.newsbtc.com/news/bitcoin/bitcoin-miner-revenues-continue-to-plunge-but-will-the-rally-change-this/
#Bitcoinminerrevenues #bitcoinminers #bitcoinminer #xbtcusdt #Bitcoin #bitcoin #BTCUSDT #xbtcusd #btcusd #miners #btc
#Bitcoinminerrevenues #BitcoinMiners #BitcoinMiner #xbtcusdt #bitcoin #BTCUSDT #xbtcusd #btcusd #Miners #btc
Jeez. Even if Craig Wright is not Satoshi Nakamoto, Vitalik Buterin (#Ethereum creator) is very unprofessional.
It's very distasteful and disrespectful. (But it makes sense... Craig Wright is a direct competitor to Ethereum.)
Like... I love Rick and Morty. But I dont tell people that because they will conflate me with the toxic community. I feel that the same applies here. Saying you don't believe will put you on #TeamVitalik
#BitcoinMiner #TeamVitalik #ethereum
The electric rates in #Kenya 🇰🇪 are high because most of the Power Purchase Agreements (PPAs) are "Take Or Pay" -- meaning the contracted quantity of electricity units is paid for, regardless if they are used or not.
i.e., Kenya Power customers pay for idle capacity that goes unused.
#Bitcoin :bitcoin: #Mining #BitcoinMining #Miner #BitcoinMiner #ASIC #Hashrate #SHA256 #Rig #Geothermal #GeothermalEnergy #Electricity #PPA #NationalGrid #KenyaPower #Utility #ElectricUtility #Electric #Generation
#generation #electric #ElectricUtility #utility #KenyaPower #nationalgrid #ppa #electricity #geothermalenergy #geothermal #rig #sha256 #hashrate #asic #BitcoinMiner #miner #bitcoinmining #mining #bitcoin #kenya
El Salvador overbuilt their #geothermal generation capacity, with the expectation that their national #grid will eventually need that #power.
They are going to be selling that #excess capacity to Bitcoin miners, in the interim.
--
RT @nayibbukele@Twitter.com
Clean, volcano powered hashrate coming soon... #Bitcoin :bitcoin: 🇸🇻🌋♻️
Sneak peek 🤫
https://twitter.com/nayibbukele/status/1407531543476715521
#Mining #BitcoinMining #Miner #BitcoinMiner #Volcanic #Energy #Volcano #RenewableEnergy #Renewable #Renewables #Electricity #ElSalvador #SV
#sv #elsalvador #electricity #renewables #renewable #renewableenergy #volcano #energy #volcanic #BitcoinMiner #miner #bitcoinmining #mining #bitcoin #excess #power #grid #geothermal
If Bitcoin mining will occur at scale using geothermal, but only where there is "the most supportive political jurisdictions", the list is fairly short. Kenya does not have a high bar to cross.
Chart source:
Analyzing Geothermal Energy Use in the East African Region: The Case of Kenya:
https://www.researchgate.net/publication/332325808_Analyzing_Geothermal_Energy_Use_in_the_East_African_Region_The_Case_of_Kenya
#Bitcoin :bitcoin: #Mining #BitcoinMining #Miner #BitcoinMiner #Geothermal #Energy #Electricity #Power #RiftValley #GreatRiftValley #EastAfrica #Kenya #Ethiopia #Uganda #Tanzania #Rwanda
#rwanda #tanzania #uganda #ethiopia #kenya #eastafrica #GreatRiftValley #RiftValley #power #electricity #energy #geothermal #BitcoinMiner #miner #bitcoinmining #mining #bitcoin
Kenya 🇰🇪 :
✅ Cleanest, low-cost energy in the world
"#Geothermal is the only #renewable #energy resource that can provide year-round #baseload #power without having to rely on the #grid or costly energy storage."
"[#Bitcoin :bitcoin: #mining] is not affected by geothermal’s greatest limitation: Its distance from traditional consumers."
"The future of mining will rely on vertical integration of geothermal energy production."
#kenya #bitcoinmining #BitcoinMiner #miner #mining #bitcoin #grid #power #baseload #energy #renewable #geothermal