Hashrate Index Roundup (February 19, 2023)
Hashprice is at a multi-month high, but an upcoming difficulty adjustment could spoil the party.
Analyzing the Merger Between Hut 8 and US Bitcoin
One of the most significant deals in the history of bitcoin mining is taking place as we speak. Hut 8 and US Bitcoin announced they will merge, creating a North American bitcoin mining giant. The new company will go under the name Hut 8 and will be the largest public
Hashrate Index Roundup (February 12, 2023)
Ordinal inscriptions are starting to put pressure on transaction fees.
Bitcoin Mining Stocks: January 2023 Production Updates
The public bitcoin miners have released their production updates for the first month of 2023, revealing continuous hashrate expansion and significant growth in bitcoin production from the previous month. January saw a massive rebound in mining stocks thanks to the bitcoin price increasing by 40%. In 2023, we will publish
Bitcoin Mining Around the World: Paraguay
Paraguay is a rising leader in Latin America's Bitcoin mining industry.
Do the public miners spend too much on administration?
Public bitcoin mining companies have historically spent a higher share of their revenues on administration than firms from comparable sectors. These administrative spending habits have raised concerns from investors experienced in similar but more mature industries like gold mining, tech, or oil and gas. Like these investors, I struggle with
Hashrate Index Roundup (February 5, 2023)
A new way to mint NFTs on Bitcoin ignited debate this week.
Energy Arbitrage: Analyzing Bitcoin Mining’s Historical Revenue per kWh
Bitcoin miners participate in an energy arbitrage game by expending energy to generate bitcoin. Therefore, when analyzing bitcoin mining profitability, it can be helpful to look at how much miners earn per unit of energy they consume. This metric is called the revenue per kWh. In this article, I explain
