At a time when Bitcoin (BTC) mining is dominated by large-scale mining farms with advanced, specialized hardware, the odds of a solo miner striking the so-called digital gold are astronomically low.

This comes at a time when Bitcoin miners are increasingly pivoting out of the sector.

Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Early Facebook investor Peter Thiel once advised future ...

Bitcoin mining is the process that keeps the BTC network secure and operational. Bitcoin (BTC) miners collect pending transactions, bundle them into blocks and repeatedly perform hashing attempts ...

Bitcoin has often surged after sustained hashrate drops, a trend that would provide much-needed relief to many struggling Bitcoin miners at current prices. Bitcoin’s hashrate fell 4% over the month to ...

One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the ...

Declining bitcoin BTC $67,657.47 mining activity is often interpreted as a sign of network stress, reflecting weaker miner profitability, declining hashrate and concerns over the economic ...

Bitcoin mining activity has taken its biggest hit since late 2021 after a severe winter storm in the United States forced several large mining firms to curtail operations, triggering a sharp drop in ...

Forbes contributors publish independent expert analyses and insights. Becca Bratcher is an author and journalist specializing in crypto. Over the past few years, the United States, specifically Texas, ...