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June 7, 2023
Subscribe to Mining Memo
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| Hashprice* |
$0.073 |
▲2.7% |
| Bitcoin Price |
$26,460 |
▲2.5% |
| Hashrate |
371 EH/s |
▼-2.1% |
| Difficulty |
51.23 T |
▼3.4% |
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What experts are saying about energy markets this summer
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Energy is everything for Bitcoin miners. And as the summer months set in, demand for energy peaks across North America–now home to some +30% of Bitcoin’s hashrate.
As such, let’s take a look at what government energy departments and energy experts are expecting over the next few weeks, focusing on capacity, generation and mining activity in Texas.
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Click here to continue reading.
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Mining News Feed
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SEC / Marathon appoints Salman Khan as new CFO
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The Block / Tether invests in startup that's building a bitcoin mine in El Salvador
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CoinDesk /Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase
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Today we are joined by Sebastien Hess, co-founder of Block Green, a protocol for selling hashrate. We discuss how miner’s sell hashrate, who is buying hashrate and how Block Green thinks of energy.
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Watch on YouTube here.
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Chart of the Week
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According to @mononautical from Mempool, a Bitcoin buyer is actively shuffling UTXOs from Binance and OKX to pan for 'rare satoshis,' also known as uncommon sats. Ordinal Inscribers often use rare sats to inscribe images or other data
on.
Source: Mempool
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| Digihost |
2.41% |
$1.44 |
$2.33 |
| Canaan |
1.55% |
$1.94 |
$4.54 |
| Core Scientific |
0.03% |
$0.36 |
$0.52 |
| Stronghold Digital |
-0.99% |
$5.36 |
$37.90 |
| Mawson |
-1.08% |
$2.71 |
$13.80 |
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*As of June7th.
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