Tag: north america

Oct 14 2021

Oct 12 2021

Public Bitcoin Miners Are Ramping Up

Public bitcoin mining firms based in North America are holding more than 20,000 bitcoin, wroth more than $1.1 billion.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Sep 30 2021

Bitcoin Depot Surpasses 5,000 Bitcoin ATMs In North America

The popular bitcoin ATM network now has over 5,000 machines scattered across the U.S. and Canada to meet mainstream demand.Over the past six months, bitcoin ATM company Bitcoin Depot has more than tripled its machine count across the U.S. and Canada, according to a...

Aug 18 2021

How North American Bitcoin Miners Are Benefitting From China's Ban

Since China cracked down on Bitcoin mining, North American miners have been stacking BTC.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.In previous Daily...

Aug 11 2021

Chinese Crackdown Allow North American Miners To HODL More Bitcoin

Aug 11 2021 Published at Bitcoin Magazine under tags  bitcoin business china hodl mining

Since China started cracking down on bitcoin mining, North American miners have enjoyed lower difficulty to mine and HODL more BTC. ​In July, North American bitcoin miners have enjoyed a bigger bitcoin production without meaningful increases in hash rate capacity. Five publicly listed firms mined a combined total of 1,802 BTC that month, a 58% average increase over June.The production update statements...

Bitcoin Mining: North American Miners see 58% Rise in BTC Mining

North America saw an exceptional rise in BTC mining over the span of one month, with a 58 percent hike. Five Bitcoin Mining giants in North America, Marathon Digital, Riot Blockchain, Bitfarm, Argo Blockchain, and Hut8 mined a total of 1802 Bitcoins in July as compared to June’s collection of 1135.6 Bitcoins. The rain of The post Bitcoin Mining: North American Miners see...

Jul 14 2021

North American Miners Are Emerging As Big Winners

China's crackdown on bitcoin mining has demonstrably benefited North American firms.The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.Much has been...

Mar 09 2021

A Hitchhiker’s Guide To Bitcoin Mining In North America Part Two: Seeking Stranded Energy

North America’s bitcoin mining industry is changing the way we use energy. But where exactly are these operations drawing their power from?In his introduction to Michael Saylor’s recent conference “Bitcoin For Corporations,” Ross Stevens, founder and CEO of Stone Ridge and NYDIG,...

Feb 19 2021

North America’s First Bitcoin ETF Hits $165M Trade Volume in First Day: Report

Feb 19 2021 Published at CoinDesk under tags  bitcoin etf canada news north america

The Canadian fund has experienced a flurry of demand but in the U.S. a bitcoin ETF is an unrealized desire.

Feb 08 2021

Chinese Mining Pool Poolin Acquires North American Competitor NovaBlock

China-based mining pool Poolin, which contributes the second-largest amount of hash rate of any single entity on the Bitcoin network, has acquired NovaBlock, a North American pool with offices in St. Jose, California and Calgary, Canada. The takeover will net Poolin an additional 1,681.83 petahashes per second (PH/s) in mining capacity, per data from BTC.com...

Feb 01 2021

Marathon Patent Group To Receive 4,000 New Bitcoin Mining Rigs From Bitmain

Feb 01 2021 Published at Bitcoin Magazine under tags  bitmain marathon mining north america

This morning, Marathon announced that a shipment of 4,000 new Antiminer S-19 Pro Bitmain miners are en route to its mining facility in Hardin, MT. This is the first of many shipments that Marathon has scheduled for 2021 which will fulfill its order for more than 103,000 additional miners from Bitmain, according to a release sent to Bitcoin Magazine. Marathon’s...

Jan 20 2021

A Hitchhiker’s Guide To Bitcoin Mining In North America

Like a hitchhiker taking to the American highways for the first time, anyone hoping to get a clear picture of the universe of bitcoin mining today might be perplexed at the seeming opaqueness, yet sheer size of the North American mining ecosystem. As a miner recently advised new entrants into the space on Twitter:...

Jan 13 2021

Compute North, Foundry Digital Partner To Bring More Bitcoin Mining To North America

Compute North, one of the largest bitcoin mining companies in North America with mining farms in Big Spring, Texas; Kearney, Nebraska; and North Sioux City, South Dakota, is taking a great leap forward through a new partnership with financial services firm Foundry Digital, a subsidiary of Digital Currency Group based in Rochester, New York. Through the partnership, Foundry will supply 14,000 new Whatsminer...

Dec 03 2020

North America Gets Its First Enterprise-Grade Bitcoin Mining Pool from Titan

North America is all set to get its first enterprise-grade Bitcoin mining pool and thanks to Titan. As Bitcoin continues to gain new highs, enterprises are having a close watch on the opportunities in the Bitcoin mining market. titan is...

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