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...
Mining
Bitdeer reports $50 million loss due to Bitcoin halving, increased R&D costs
Bitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to...
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...
Riot Platforms attracting ‘blue-chip’ partners for AI ventures amid Q3 losses
Riot Platforms CEO Jason Les revealed substantial interest from “blue-chip” companies looking to partner with the Bitcoin miner on AI...
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)...
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining...
MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%
Business intelligence firm MicroStrategy’s Bitcoin stash increased to more than $20 billion in value as the leading cryptocurrency rallied above...
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...
Galaxy Digital explores AI potential in response to Bitcoin mining slowdown
Galaxy Digital is the latest Bitcoin mining firm exploring a shift to AI, driven by increasing competition and rising mining...
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...
Bitcoin miners Marathon and Riot achieve record post-halving production
Two of the largest public Bitcoin miners — Marathon Digital and Riot Platforms — recorded their highest monthly Bitcoin production since...
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...
Study suggests Bitcoin mining bans could worsen carbon footprints
Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have...
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 halts crypto mining in energy-strapped territories
Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister...
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....
Core Scientific’s AI deal fuels $8.7 billion revenue forecast, shares rise
Bitcoin miner Core Scientific expects to generate roughly $8.7 billion in revenue over the next 12 years, following an expansion...
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...
TeraWulf stock tumbles 7% amid $425 million convertible notes announcement
Bitcoin (BTC) mining firm TeraWulf Inc. WULF stocks fell over 7% to $5.84 following the firm’s announcement of a $425...
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),...
Northern Data embraces AI boom, mulls ditching Bitcoin mining roots
Europe’s largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of...
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...
