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CATEGORY: electricity price

Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
Author: Cointelegraph By Yashu Gola
United States
Source: Cointelegraph.com News
Apr 30, 2023 04:40

Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023

New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.

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Core Scientific moves for September bankruptcy exit, expects $46M boost
Author: Cointelegraph By Luke Huigsloot
United States
Source: Cointelegraph.com News
May 24, 2023 08:20

Core Scientific moves for September bankruptcy exit, expects $46M boost

Core Scientific said favorable market conditions have increased its liquidity position and its bankruptcy restructuring plan has been revised.

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