Rising Power Fees Begin to Drive Bitcoin Mining Companies From Paraguay to Argentina
The recent increase in power fees enacted by the National Power Administration of Paraguay (ANDE) has bitcoin mining companies seeking...
Mining
Bit Digital, Iris Energy report declining Bitcoin output, rise in hash rate YoY
Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside...
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate...
Bitcoin miners Marathon, Riot double hash rate YoY
Bitcoin (BTC) miners Marathon Digital and Riot Platforms have doubled their hash rate since June 2023 amid various degrees of...
Bitcoin Miners’ June Revenue Dips Slightly Below May
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the...
Bitdeer’s stock climbs after revealing 570 MW expansion in Ohio
Bitcoin miner Bitdeer has announced a 570 MW strategic partnership with the Monroe County Port Authority in Ohio to boost...
Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts...
CleanSpark agrees to acquire GRIID for $155 million amid mining struggles
Bitcoin miner CleanSpark has agreed to acquire its rival GRIID Infrastructure for $155 million, according to a June 27 statement.The...
White House Rehires Adviser Who Helped Develop Biden’s Executive Order on Crypto
The White House has rehired Carole House, who helped develop President Joe Biden’s Executive Order on Ensuring Responsible Development of...
Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto
Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June...
Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware,...
Germany’s Deutsche Telekom looking to mine Bitcoin, Chinese telecom Coolpad adds hashrate
Germany’s Deutsche Telekom is expected to start mining Bitcoin, according to an executive at its subsidiary Telekom MMS.The unit’s head...
Unique Residential Bitcoin Mining House in Dallas Listed for $2.4M
According to a house listing from Dallas, Texas, a crypto mining house is for sale in a residential neighborhood. The...
US-listed Bitcoin miners hit record $22.8 billion market cap amid stock surge
Publically traded Bitcoin mining companies in the US briefly reached a combined market cap of $22.8 billion on June 15...
Nicehash Partners With Marathon to Launch Custom Firmware for ASIC Bitcoin Miners
The bitcoin hashing power marketplace, Nicehash, has launched custom software for ASIC miners optimized for its mining platform. The firmware...
NiceHash and Marathon partner to launch new firmware for miners
NiceHash, a leading Bitcoin hashing power marketplace, has partnered with Marathon Digital Holdings to introduce new custom firmware for ASIC...
Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s....
Trump vows to make US a Bitcoin mining powerhouse if re-elected
Former US President Donald Trump has shifted his attention to Bitcoin miners in his drive towards embracing the crypto industry.In...
Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition
Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the...
Bitcoin halving cuts production, sinks revenues for top miners
Stronghold Digital Mining reported a 47.1% decline in its monthly Bitcoin mining output in May.The firm mined 82 BTC during...
Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer
Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized...
Core Scientific Rejects $1 Billion Buyout Offer from CoreWeave
Core Scientific (CORZ) has rejected an “unsolicited” $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in...
