Bitcoin Mining Concepts

Explore analysis, commentary, and insights into Bitcoin mining concepts like ASIC prices, hashprice, hashrate, and more.

The Past, Present, and Future of Bitcoin Mining Competitive Structures

What will the future of Bitcoin mining look like?

Jaran Mellerud
Jaran Mellerud
Bitcoin Mining Concepts

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

Jaran Mellerud
Jaran Mellerud
Bitcoin Mining Concepts
A screenshot of Ordinal Shrooms NFTs that were minted on February 2, 2023

WTF are Ordinals, Inscriptions, and Digital Artifacts?

Ordinal NFTs (aka digital artifacts or inscriptions) allow users to mint non-fungible tokens onto Bitcoin's blockchain - image and all.

Colin Harper
Colin Harper
Hashrate Index Newsletter
Racks of Bitcoin mining ASICs at a Bitcoin mining facility

Bitcoin Mining Hosting Rates Ballooned in 2022. Will They Deflate in 2023?

Energy prices inflation jacked up bitcoin mining hosting costs in 2022. Rack space supply in 2023 could bring costs back down.

Colin Harper
Colin Harper
Bitcoin Mining Concepts
Image generated via Midjourney

Unsustainable Bitcoin Mining Debt Led to Record Defaults, Buyouts in 2022

Miners took on mountains of debt in 2020 and 2021 leading to record defaults, bankruptcies, and acquisitions in 2022.

Colin Harper
Colin Harper
Bitcoin Mining Concepts

2022’s Top Investment Bankers in Bitcoin Mining

With the wave of Bitcoin mining companies going public and a heavy lean to institutional capital, a series of Investment Bankers have planted their flags as the go-to deal men for companies trying to raise capital and do M&A. A handful of boutique investment banks, pushed their advantage

Balmy Investor Ethan Vera
Balmy Investor / Ethan Vera
Bitcoin Mining Guides
Bitcoin Mining 2023

10 Bitcoin Mining Predictions for 2023

2023 is here, and we can finally put the dreadful bitcoin mining year of 2022 behind us. We are all curious about what this new and fresh year will bring for the bitcoin mining industry. What will miners focus on this year? What will happen to the nearly bankrupt public

Jaran Mellerud Colin Harper
Hashrate Index Newsletter
Photo by Mark König on Unsplash

Analyzing Four Years of Difficulty Adjustment Forecasts

A new model to more accurately predict Bitcoin's difficulty adjustment using confidence intervals.

Hashrate Index
Hashrate Index
Bitcoin Mining Concepts