Experts Say Bitcoin Difficulty Adjustment Might Prompt Miners to Switch Off Again

As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again. Some Bitcoin (BTC) miners might become unprofitable again as a result of the latest difficulty adjustment.  Earlier this week, the network mining difficulty adjustment saw a +14.95% spike, its largest increase since January 2018. The regular […]

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BitMEX Report Points to More Consolidation in Bitcoin ASIC Mining

The Bitcoin mining ASIC manufacturing industry is expected to further consolidate, as is the wider mining farm operating sector. The Bitcoin (BTC) mining ASIC manufacturing industry is expected to further consolidate due to tightened competition, geopolitical pressures and slower returns on investment after Bitcoin’s recent halving.  In a new report from crypto derivatives exchange BitMEX, […]

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