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ALL From Bitcoin miners

Pega Pool Aims To Make Bitcoin Mining Eco-Friendly With Carbon Offsets

British-owned Pega Pool, launching in Q1 2023, is opening its offering to Bitcoin mining clients regardless of their renewable energy usage—but will reward clients that mine using renewables with a 50% reduction in their pool fees, from 2% to 1%.

Bitcoin Miners To Be Offline In Europe Amid Energy Crisis

Bitcoin miners in the far north of Norway and Sweden, where they had been working to avoid excessive electricity bills, have shut down for the winter as energy prices continue to rise.

Bitcoin Hashrate Slides As Texas Miners Curtail Hashpower To Bolster the Grid

Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter freeze. Statistics show that close to 100 exahash dropped off the network but rebounded from the 170 EH/s low to 240 EH/s by 12:00 p.m. (ET).

Research: Miners Sent 57K Bitcoin to Exchanges in 2022; Selling Pressure Decreasing

On-chain data shows miners have been capitulating en masse throughout the year. However, this doesn't mean that they have been selling all of their BTC.
Research: Miners Sent 57K Bitcoin to Exchanges in 2022;      Selling Pressure Decreasing

Hedge Funds Raise Bets Against Bitcoin Miners

Sharp falls in the token’s price and the rising cost of energy prompt managers to short several key playersHedge funds have been upping their short positions against shares of cryptocurrency miners, betting that more will go to the financial brink after the collapse of the FTX exchange.

Texas Bitcoin Miners Are Offered to Cut Electricity Usage to Help the Grid

Texas is offering an interim, voluntary power curtailment program for “Large Flexible Loads (LFL),” which will incentivize bitcoin miners to lower their power consumption during a period of high electricity demand.

Bitcoin Miners Continued Selling Off Massive Units of the King Coin

<a href="https://ambcrypto.com/?s=Bitcoin">Bitcoin [BTC</a>] miners continued selling off massive units of the king coin as the pressure to uphold its stay mounted. This development came to light through Joaowedson, a CryptoQuant analyst. He <a href="https://cryptoquant.com/quicktake/638a96fdfbe454308ff03d5b-Miners-facing-capitulation" target="_blank">pointed out</a> that the increasing cost of mining might have forced this position. Joaowedson, who doubles as a data scientist, elaborated,&nbsp;

Bitcoin Miners Continue To Face the Heat, but What’s the Way Forward

Bitcoin miners were one of those sections of the crypto community who were impacted massively by the crypto winter, thanks to the selling pressure. According to the founder of Capriole Fund, Charles Edwards, the increase in miners’ stress could also paint a negative outlook for the king coin in the long term.

Bitcoin Miners’ Revenue Lowest Since November 2020

The revenue Bitcoin miners receive is tumbling amid the depressing market conditions and lower prices. Somewhat expected, as the BTC dollar value goes down, so do the proceedings from mining.