1.

trent.eth has reposted a discussion from the Reddit community about what happens to graphics miners after the ethereum merger. The view, led by trent.eth, is that other graphics card mining tokens will not be able to withstand eth's hashrate, so more than 90% of miners will sell their graphics cards. The opposite view is that the increase in miners will strengthen the consensus of the token, so the price of other tokens will rise sharply to take up eth's hashrate. from recent discussions, the consensus of miners seems to be weakening, and the price of graphics cards in the secondary market has fallen 25% in the last two weeks.

2.

Tim Beiko, a core Ether developer, said in a reply to a tweet that the Ether merger will not be in June, but probably in the following months. Tim Beiko also advised not to invest too much in mining equipment at this time.

3.

Bitcoin mining difficulty dropped 1.26% to 28.23T on April 14, after rising 4.13 % last time. The current network-wide hashrate is 202 EH/s.

4.

On April 15, the Sichuan Provincial Development and Reform Commission issued a notice: all virtual currency "mining" activities are strictly prohibited, and the actual electricity consumption from the date of issuance to the shutdown of virtual currency "mining" activities is implemented differential tariff policy, with a tariff increase of 2 yuan per kWh.

5.

Bitcoin mining company Bit Digital Inc. on Friday said bitcoin mining revenue in 2021 grew to $96.1 million from $21.1 million in fiscal year 2020.

Bit Digital said it successfully completed the migration of its miner fleet from China to North America last year, with the fleet arriving in North America on Nov. 17. As of March 15, the company said it deployed about 39% of its fleet in the U.S. and is targeting 100% redeployment for the second half of this year.

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6.

Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity. Based on the new regulations, the increase in punishments includes rising fines by a minimum of three and a maximum of five times, imprisonment of the offender, and revocation of their business license in case of repeated violations. In January 2020, the Ministry of Industry, Mining and Trade issued over 1,000 licenses for cryptocurrency mining units. In addition to the approved units, some unauthorized miners have also started using household electricity for cryptocurrency mining（Tehran Times）

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7.

Data disclosed by BitMEX Research shows, there are at least 21 listed Bitcoin miners, with a combined market cap of over US$15 billion. BitMEX compare current market conditions to the gold mining industry in 2012/14 & note the mad rush of capital flowing into the space. BitMEX project significant increases in both the network hashrate & financial failures in the mining space.

According to the data, the largest bitcoin miner by market capitalization is CORE SCIENTIFIC (about $2,637.5 million), with MARATHON DIGITAL ($2,337.2 million) and RIOT BLOCKCHAIN ($1,956.1 million) in second and third place, and NORTHERN DATA with a market capitalization of about These four listed miners have a market cap of $1 billion or more and are the "unicorns" in this field.

As previously reported, BitMEX Research released a research note that concluded that the current bitcoin mining cycle is in a bull market and that investment in ASIC development and deployment will allow hashrate to grow faster than many models expect. By the end of 2022, hashrate may rise from its current 220 EH/S to over 320 EH/S even without any significant movement in the bitcoin price. ethereum will soon move to PoS, the model chosen by almost all new coins. PoW will only exist for bitcoin.

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8.

Among the major bitcoin miners, Core Scientific had the highest monthly output of 1,143 BTC in March, according to Arcane Research, followed by Riot Blockchain, which produced 511 BTC in March, less than half of Core Scientific's output. They were followed by Marathon Digital Holdings (436), Bitfarms (363) and Hut 8 (345).

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9.

U.S.-listed Singularity Future announced on April 14 that it signed a contract on April 10 with Georgia company Golden Mainland Inc. to build an estimated total of 1 gigawatt of bitcoin mining in Texas, Ohio and other states in the U.S., with an estimated full load of 300,000 bitcoin mining machines, each with a power consumption of 3,400 watts per hour; the parties expect a total joint investment of up to The joint investment is expected to total up to $250 million, with Singularity holding a 51% interest in the joint venture and contributing its equity in the future.

10.

​Crypto miner Stronghold Digital, a company that turns coal waste into energy to mine bitcoin, went public last October in a class-action lawsuit over a "materially false and misleading" initial public offering (IPO) statement, according to a Securities and Exchange Commission (SEC) filing.

As part of its IPO, Stronghold sold 7,690,400 shares of its Class A common stock at $19 per share for net proceeds of about $132.5 million. The lawsuit said the statement failed to mention that contract suppliers could miss expected mine deliveries and deadlines, information that should be disclosed as a "material risk" to investors.

The company reported last month that Stronghold's adjusted earnings per share for the fourth quarter of 2021 showed a loss of $0.52 per share and a net loss of $17.5 million for the fourth quarter.

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