Tag: Energy

Litecoin Must Maintain $77 Level To Sustain Energy In December

Litecoin (LTC) is currently experiencing a sharp price correction, going down by more than 4% during the last hour, according to latest tracking...

Iris Energy Defaults on $100 Million Loan, Cuts Mining Hardware

Australian Bitcoin miner Iris Energy is set to lose 3.6 Exahashes/second of mining power after defaulting on a $108 million loan. Iris Energy will...

Bitcoin Miners Still Liquidating BTC and Rigs as Energy Price Hikes Diminish Profits

Bitcoin miners are having a tough time this year as an energy price crisis is eating into their profits while hashrate and difficulty...

What’s Causing Bitcoin Energy Use and Hash Rate to Decouple?

More efficient crypto mining hardware being deployed has resulted in a slowing of Bitcoin network energy consumption, according to recent figures. Bitcoin network energy...