News 
Bitcoin Miners Saw 33% Revenue Increase in December
Miners earned an estimated $692 million last month.
Tag: luxor
Jan 09 2021
Jan 07 2021
Bitcoin Miners See Revenue Per TH/s Nearly Triple in 3 Months
Mining revenue has reached its highest mark since early August 2019.
Dec 10 2020
How Industry Financial Services Are Buoying North American Bitcoin Mining
This year, there has been a concerted effort among Bitcoin mining pools and facilities based in North America to contribute a higher proportion of the Bitcoin network’s overall hash rate from the continent, providing critical decentralization to this system. But this has not been without its challenges. The Bitcoin mining environment is one with high...
Nov 20 2020
Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping Two-Year Highs
Shares of the mining company surged to $6.60 Friday.
Bitcoin Miner Riot Blockchain Ends Week Up 50% After Tapping 2-Year Highs
Shares of the mining company surged to $6.60 Friday.
Nov 18 2020
Nov 11 2020
Nov 09 2020
New North American Mining Pool Bets On Region And Regulatory Compliance
North American bitcoin mining farms all use mining pools to ensure steady block rewards, compiling hash power from miners operating remotely to compete with the industrialized farms based in China. Most of these mining farms use China-based mining pools (pools whose headquarters and, perhaps, servers for collecting hash power, are located in China) because the fees that they charge for collecting and distributing...
Oct 07 2020
Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers
□ Oct 07 2020 □
Published
at Bitcoin Magazine
under tags
adoption
chamber of digital commerce
core scientific
luxor
perianne boring
This week, the Chamber of Digital Commerce sent all 535 members of the United States Congress about 0.0047 BTC ($50 worth at the time), in an effort to educate the country’s legislators around cryptocurrency and blockchain technology that it calls Crypto For Congress. Leveraging Federal Election Commission rules that allow for cryptocurrency-based campaign contributions and its own Political Action Committee to...
Jul 16 2020
Introducing Hashrate Index, An Online Tool For Bitcoin Mining Transparency
□ Jul 16 2020 □
Published
at Bitcoin Magazine
under tags
hashrate
hashrate index
luxor
mining
mining centralization
The success of Bitcoin ultimately depends on the health of its mining industry. Bitcoin mining is central to transaction validation, the prevention of double spending and the hard cap on the bitcoin supply — basically, the things that make Bitcoin the revolutionary technology that it is. And Bitcoin mining has evolved dramatically since it was first introduced. Today, a large portion of the...