Bitcoin mining is facing an unbelievable amount of difficulties right now - from mining farms going bankrupt, to the ever-present “green energy” debate. Is it still worth it to mine Bitcoin, or should you stop mining BTC right now? Let’s find out! Sub! https://voskco.in/Sub
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One of the biggest BTC mining farm companies in the world, Compute North, has filed for bankruptcy amidst the falling Bitcoin prices and growing mining hashrate. Although BTC is far from its ATH, the hashrate continues to grow, making Bitcoin miners less and less profitable. Subsequently, Bitmain has since had to drastically lower the prices of their miners as they can no longer justify their insane price gouging. Despite this, some other mining companies are expanding their total hashrate and seem to be more bullish on Bitcoin mining than ever? Let’s cover all of this insane Bitcoin mining news and more, and find out how it impacts you if you’re a Bitcoin miner, or even looking to start mining Bitcoin soon!
Crypto News
Compute North Files For Chapter 11 Bankruptcy and 363 Asset Sale! - Compute North Files For Chapter 11 Bankruptcy and 363 Asset Sale – What Now?
Riot Blockchain $RIOT suing company over Texas BTC mining farm -
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
Bitfarms boost their total hashrate in Argentina - Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s
Bitmain discounts miner prices - is this bad for mining rig prices? Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market
Is Bitcoin mining bad for the environment? Not green enough? - Bitcoin mining struggles to go green, research shows
Timestamps
00:00 The state of Bitcoin mining is looking bad!
02:24 Compute North files for Chapter 11 bankruptcy
04:56 Riot Blockchain sues Northern Data
06:58 Birfarms starts 4.1 EH/s farms in Argentina
08:04 Digihost taking over Fortistar power plant
09:11 Bitmain discounts their Bitcoin miners
11:03 Organizations trying to discredit Bitcoin?
13:38 Foundry offers training program for miners!
13:51 Some good news in the Bitcoin mining sector!
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Should You Just STOP Mining Bitcoin? Bitcoin Mining getting DIFFICULT
