Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost
On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in...
Mining
Marathon posts record growth in 2023 earnings, unveils Bitcoin Layer-2 Anduro
Bitcoin mining and technology firm Marathon Digital reported record growth in a number of categories in its 2023 annual earnings...
Bitcoin Miner Riot Acquires 31,500 ‘Next Generation’ M60S Mining Machines Worth $97.4 Million
Bitcoin miner Riot Platforms Inc. said it expects to take delivery as well as deploy 31,500 Whatsminer M60S miners worth...
Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners
House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden administration are beginning to collect...
Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report
In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its...
US agencies pause Biden-sanctioned emergency miner survey following lawsuit
The Energy Information Administration (EIA) paused the controversial survey of crypto mining firms on Feb. 23 following a lawsuit from...
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until...
Texas Blockchain Council including Riot file lawsuit against US Energy Department over Bitcoin miner survey
Riot Platforms and the non-profit association, the Texas Blockchain Council (TBC), have initiated legal action against the US Energy Department...
Ethiopia’s Affordable Hydropower and Adoption of Crypto Mining Attracts Chinese Bitcoin Miners
The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s...
Bitcoin Mining Stocks Surge — Double-Digit Gains Highlight Rapid Growth in Digital Currency Sector
As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data...
Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth
After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has...
Bitcoin Mining Firms Terawulf and Cleanspark Ramp up Hashrates, Boost Financial Footing
This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational...
US EIA Starts Requiring Energy Consumption Data From Cryptocurrency Miners
The U.S. Energy Information Administration (EIA), a statistics agency of the U.S. Energy Department, has sent letters to cryptocurrency miners...
Ethiopia to start mining Bitcoin through new data mining partnership
The Ethiopian government is set to begin mining Bitcoin through a new partnership with Data Center Service — a subsidiary...
Bitcoin’s Latest Difficulty Retarget Jumps 8.24%: Miners Navigate the Toughest Mining Landscape Yet
Bitcoin’s mining difficulty has hit an unprecedented peak, marking the most significant jump of 2024. On Thursday, at the milestone...
Bitcoin miners to get instant non-custodial rewards via Lightning Network
Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering...
Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights
Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network....
Why Grayscale says this one’s different
The countdown to Bitcoin’s highly anticipated halving event is on, with fewer than 10,000 blocks left as of Feb. 12.According...
Tecpetrol Raises Crude Oil Production Fivefold With Crypto Mining In Argentina
Tecpetrol, an Argentina-based oil and gas company, has reported the benefits of including crypto mining operations in its oil explorative...
Bitcoin miners slam US government planned survey as ‘Operation Chokepoint 3.0’
The U.S. authorities’ planned survey of Bitcoin miners’ electricity usage has drawn steep criticism from the mining community, describing it...
Australian Bitcoin miner Iris sets 20 EH/s hash rate target as US mining falters
Australian Bitcoin mining company Iris Energy has outlined ambitious plans to ramp up its hash rate to 20 exahashes per...
CleanSpark announces acquisition of four Bitcoin mining facilities
Bitcoin mining firm CleanSpark said that it will acquire four new mining facilities in a press release published on Feb....
