Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost. With a focus on generating predictable revenue, could BTBT emerge as the next dark horse among Bitcoin mining stocks? Analyzing Bit Digital’s (BTBT) Approach to Bitcoin Mining and HPC Diversification The following guest post comes…
September 11, 2024 at 11:40 AM GST updated: September 11, 2024 at 11:13 AM 2 mins read News A Bitcoin solo miner earned $182,505 for solving Block 860749, despite using only 0.098% of the total network hashrate. The Bitcoin network hashrate hit an all-time high of 742 EH/s on Sept. 1, a 62% increase from…
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing its AI capabilities through its existing digital asset mining infrastructure. Bit Digital…