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 Replace, 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 Income, 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)...
Made in USA: Mara Expands Mining Capability, Bets Big on Bitcoin’s American Future
Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites...
Trump Wins, Bitcoin Surged: What’s Subsequent?
Bitcoin hit an all-time-high and mining stocks soared on the very same day Donald Trump won the U.S. presidency. Explore...
Jack Dorsey’s Block Bets Big on Bitcoin Mining
Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency...
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...
Bitcoin’s Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners
As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational...
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...
The Race to the Zettahash Period: Bitcoin’s Hashrate Breaks New Records
On Friday, Oct. 25, 2024, Bitcoin’s network hashrate climbed to a new all-time high, reaching 736.81 exahash per second (EH/s)—a...
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),...
Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its...
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...
