Public Miners

Analysis shows that even though the mining industry saw major pressure this year, the network hashrate still grew immensely.

Cleanspark’s December 2022 mining update examines the company’s year at large as well as the operations of the previous month.

The public miner may be saved by its lender as the two entities engage in attempts to restructure their debt.

Hash rate had its first major drawdown since July 2021 and public miners are feeling the pressure as tough conditions may last for a sustained period of time.

A Friday operational update halted trading of the embattled bitcoin miner in the United Kingdom and United States.

Bear market history never repeats, but it often rhymes and these six datasets show how the bitcoin mining industry is faring today.

Although hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month.

More announcements from public bitcoin miners on potential capitulation. Debt needs to be paid and cash is tight due to high hash rate and a low bitcoin price.

Miner capitulation is here. Core Scientific talks about potential bankruptcy, highlighting that cash resources will be depleted by the end of the year.

The bitcoin mining industry is under pressure as hash price reaches new lows, hash rate hits new all-time highs and the difficulty adjustment keeps going up.