Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden...
Mining
Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the...
Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The...
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega...
BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels
As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s)...
Bitfufu Secures $100 Million Credit Line From Antpool Technologies
Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin...
Trump Wins, Bitcoin Surged: What’s Next?
Bitcoin hit an all-time-high and mining stocks soared on the very same day Donald Trump won the U.S. presidency. Explore...
Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals
Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive...
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation...
Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers
Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming...
Bitcoin’s Difficulty Soars Past 100 Trillion—How Are Miners Adapting?
Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks...
Bitcoin Mining Stocks Take a Dive – But Monday Could Change the Game for These Players
It’s been a rough week for bitcoin mining stocks, as nine out of the top ten publicly listed miners have...
From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked
Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue...
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining...
Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs
Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in...
Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify
Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until...
Strategic Diversification in Bitcoin Mining and HPC – Bit Digital (BTBT) Analysis
Bit Digital is strategically navigating the post-halving era, opting for HPC opportunities instead of expanding hash rate at any cost....
TeraWulf: Overview of a Rising Bitcoin Miner in 2024
TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How...
Uncharted Territory: Bitcoin’s Mining Difficulty Reaches New Extremes
Bitcoin’s difficulty has soared once again at block height 866,880, reaching a record-breaking 95.67 trillion. Meanwhile, the network’s computational power...
BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW),...
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure...
October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?
With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to...
