Bitcoin miner CleanSpark increased BTC treasury by 567% since 2023
US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining...
Mining
Bitcoin Miner Cleanspark Acquires Wyoming Mining Site
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW)...
Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC
Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31...
190 to 450 Terahash: Microbt Unveils Powerful M6XS+ Miners at Bitcoin 2024
At the Bitcoin 2024 conference in Nashville, the Chinese bitcoin application-specific integrated circuit (ASIC) manufacturer Microbt introduced its new line...
Senator Elizabeth Warren claims foreign ‘cryptomines’ being used to spy on the US
US lawmaker Senator Elizabeth Warren has continued her anti-crypto evangelism despite her thinning support base.On July 25, she opined that...
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with...
Marathon Digital’s CEO hints at potential Bitcoin buys through convertible notes
Bitcoin miner Marathon Digital CEO Fred Thiel suggested that the firm could raise capital through convertible bonds to purchase more...
Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts...
Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme”...
Core Scientific Partners With Block to Receive 15 EH/s in New Bitcoin Mining ASICs
Core Scientific, a large U.S.-based bitcoin mining and hosting provider, and Block, a leading financial services firm, have partnered in...
Miners reduce holdings amid rising prices
Miners represent the foundation of the Bitcoin market. Their behavior is one of the best indicators of market health and...
Bitcoin Miners Have Been ‘Extremely Underpaid’ Since Mid-June
Bitcoin miners have faced significant underpayment since mid-June, according to metrics from cryptoquant.com. As of now, the estimated value of...
Putin warns of power shortages from Bitcoin mining, calls for expansion of CBDC
Russian President Vladimir Putin warned that crypto mining could lead to significant power shortages in some regions of the country...
Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether
On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214...
Northern Data saw revenue drop to €77.5 million, mined 2,298 BTC in 2023
Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in...
Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft
The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now,...
EIA could attempt to survey crypto miners again before end of year
The Energy Information Administration (EIA) said it could restart its attempts to survey crypto mining companies this year during a...
Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas
Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The...
Bitfarms appoints new CEO as Riot intensifies takeover bid
Bitcoin miner Riot Platforms’ effort to take over rival Bitfarms has taken a new turn with recent developments in both...
Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground
Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin...
Bit Digital, Iris Energy report declining Bitcoin output, rise in hash rate YoY
Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside...
Paraguay Raises Bitcoin Mining Power Fees by 14%, Companies Mull Stopping Operations
The National Power Administration of Paraguay (ANDE) has surprised cryptocurrency mining operators by raising power fees by 14%, affecting the...
