KULR Mining Hits 750 PH/s With New Bitmain Mining Rigs Stationed in Paraguay
KULR Technology Group Inc. (NYSE American: KULR) has expanded its bitcoin ( BTC) mining operations, the company announced July 9....
Mining
Publicly Traded Mining Firms Face Pressures While Bitmine Shares Surge
Crypto mining stocks posted sharply divergent results across daily, weekly, and year-to-date periods, with Bitmine emerging as the sector’s standout...
Core Scientific Crashes After CoreWeave Acquisition News – What Spooked Investors?
CoreWeave’s (CRWV) $9B all-stock deal to acquire Core Scientific sent CORZ shares tumbling. Why did investors reject the merger? Here’s...
CoreWeave Stock Slips as Analysts Question $9B Core Scientific Acquisition
Shares of CoreWeave (CRWV) opened lower on Tuesday as analysts questioned whether the company’s recent acquisition of Core Scientific (CORZ)...
Bit Digital Goes All-in on Ethereum, Converts Bitcoin and Equity Proceeds Into ETH Holdings
Bit Digital has completed a sweeping pivot toward Ethereum, announcing it has fully transitioned its corporate treasury into ETH following...
BitFuFu Bitcoin Production Jumps To 445 BTC In June
Singapore-based cloud Bitcoin miner BitFuFu has logged its most significant production month for the year, attributed to an expanded mining...
Russia Compiles Crypto Mining Equipment Register to Boost Oversight
Russia has created a comprehensive register of cryptocurrency mining equipment, which aims to identify electricity consumers involved in mining, facilitating...
CoreWeave Finalizes $9B Acquisition of Core Scientific to Expand AI Capacity
AI infrastructure provider CoreWeave (CRWV) has finalized its acquisition of Core Scientific (CORZ), aiming to expand its data center capacity...
Russia’s Energy Ministry Launches Crypto Mining Register
Russia’s energy ministry has launched a national registry of crypto mining rigs to weed out miners that dodge tax payments...
BitMine Stock Soars 700% Within 24 Hours – Will Ethereum Treasury Strategy Make Another MicroStrategy?
BitMine $BMNR has been on fire since Monday – after naming Fundstrat’s Tom Lee as Chairman, the stock skyrocketed. Now,...
Bitcoin Hashrate Revs up 88 EH/S Since the Low as Miners Race Toward Profitability
Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to...
What Happened to Bitcoin Miners That Pivoted to AI?
Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 Bitcoin...
Is Bitcoin’s Sell-off Driven By Dormant BTC Wallet Activity?
Key takeaways:Despite $1 billion in spot BTC ETF inflows, Bitcoin fell 2.8% as the market digested a multibillion-dollar 2011-era wallet...
Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil
decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This...
Riot Platform’s Power Strategy Boosts Credits Amid Production Decline
In June, Riot Platforms mined 450 bitcoin, a 12% decrease from May’s 514 BTC, with daily production averaging 15 BTC...
Summer Curtailments Slash Bitcoin Production for US Miners Amid Grid Pressures
The summer heat is taking a toll on U.S.-based Bitcoin mining operations, with multiple public miners reporting lower realized hashrates...
Bitcoin Mining Stocks Rally as Strong Jobs Data Lifts Market, Supports Soft-Landing Outlook
Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a...
IMF Rejects Pakistan’s Crypto Mining Power Subsidy Plan
Pakistan’s plan to use surplus electricity for crypto mining has hit a roadblock after the International Monetary Fund (IMF) reportedly...
Hut 8 Secures Major Power Contracts in Canada
Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with...
US Senate Passes Trump’s Budget Bill Without Provision On Crypto Taxes
Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized...
Bitcoin Hashprice Nears 5-Month High After Record Difficulty Drop Since China Ban
Bitcoin’s hashprice has surged to its highest level since early February, rising above $58.5/PH/s following a 7.4% decline in network...
Bitcoin Miners’ Income Sinks to Yearly Low, Cryptoquant Research Finds
Bitcoin miners are earning the least they have in a year, yet most still largely refuse to part with their...
