Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and...
Mining
BTC Miner Cipher Expands Texas Operations With 100 MW Data Center
Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West...
US Imposes Import Restrictions on Bitmain ASICs: Report
The U.S. Customs and Border Protection Agency has halted imports of certain Antminer ASICs produced by Bitmain. Bitmain Rivals Spared...
President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service
Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes....
Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and...
MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible...
Bitcoin Bull Market May Drive Russian Miners Underground
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on...
Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K
Based on the most recent data using the seven-day simple moving average (SMA), bitcoin’s hashrate climbed to an unprecedented peak...
From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial...
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...
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...
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...
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...
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 Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally
After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched...
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...
The US Election is Just Days Away: Which Party is Best for Bitcoin Mining Stocks?
Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price...
A New Approach to Analyzing Operational Efficiency of Bitcoin Mining Companies
Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to...
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...
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...
