Mining Boom: Bitcoin Miners Rake in Highest Revenue Since April
Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price...
Mining
Swiss canton passes legislation to explore Bitcoin mining with surplus energy
Samuel Kullmann, a member of the Swiss canton of Bern parliament, passed legislation to explore Bitcoin (BTC) mining as a...
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...
El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting...
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....
Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion
Marathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030,...
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...
Russia approves 15% tax on crypto mining and transactions
Russia has approved an amendment to a draft bill introducing taxes on crypto transactions and mining activities, Interfax reported on...
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...
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...
Bitcoin miner Greenidge wins legal battle to keep mining in New York
Bitcoin miner Greenidge Generation will continue operating in New York after prevailing in a legal case against the State’s Department...
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...
