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(Bloomberg) -- After recovering from a near-death experience during the most recent crypto winter, Bitcoin miners are back in survival mode — spending billions of dollars on equipment and drawing energy at a record pace ahead of an update in the digital currency’s code that threatens revenue streams. Most Read from BloombergBillions Pour Into Nigeria as Tinubu’s Reforms Start to Pay OffIs Now the Right Time to Invest in Bitcoin?United Plane Veers Off Runway in Third Boeing M...

Bitcoin miners are about to see their revenues cut by the bitcoin halving. Publicly traded firms used last year’s bull run to raise capital before Aprils supply shock.

Texas made up 8.43% of the hashrate in the U.S as of the end of 2021, and that percentage has grown to 28.50% as of July 27, 2023.

Texas made up 8.43% of the hashrate in the U.S as of the end of 2021, and that percentage has grown to 28.50% as of July 27, 2023.

Risk Factors Unless otherwise specified, capitalized terms used herein but not defined herein have the meanings given to such terms in the Companys registration statement on...

Risk Factors Unless otherwise specified, capitalized terms used herein but not defined herein have the meanings given to such terms in the Companys registration statement on...

Risk Factors Unless otherwise specified, capitalized terms used herein but not defined herein have the meanings given to such terms in the Companys registration statement on...

The miner could get as much as $75 million in management fees for the Celsius mining rigs over five years.

U.S. Bitcoin Corp. (USBTC) is looking to be one of the largest miners in the U.S. by increasing its computing power by 12.2 exahash/second (EH/s),...