Bitdeer clocks declining year-over-year revenues in Q1
Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the...
Mining
Canadian Bitcoin Miner POW.RE to Acquire Swiss Firm Block Green
Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a...
Paraguay law enforcement thwarts crypto miner heist, deports arrested suspects
Authorities in Paraguay deported three individuals and arrested another in connection with a May 15 attempted robbery at a crypto...
Paraguay deports three undocumented immigrants after crypto mining theft attempt
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near...
Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy
The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling...
Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million...
Trump-linked miner American Bitcoin going public via Gryphon merger
Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining company Gryphon Digital Mining, the companies...
Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort
The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest...
Bitcoin’s Hashrate Hits New Peak as Miners Ride Price Wave
Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting...
TeraWulf Q1 loss widens amid rising costs, falling revenue
Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025,...
Terengganu Police Dismantle Bitcoin Mining Syndicate in Electricity Theft Crackdown
Terengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations...
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global...
Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion
Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated...
Bitcoin Core’s OP_RETURN limit removal divides crypto community
Bitcoin Core’s reportedly planned removal of the long-standing OP_RETURN limit has sparked sharp division across the ecosystem.The upcoming release will,...
Bitcoin miners should pay costs in depreciating currency — Ledn exec
Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating...
Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch
Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight...
Riot Platforms reports $296M net loss in Q1 despite record revenues
Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million...
Riot Platforms posts Q1 loss, beats revenue estimates
Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled...
Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW
Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there...
Kuwait bans Bitcoin mining over energy concerns and legal violations
Kuwait’s Ministry of Interior has outlawed Bitcoin mining, citing excessive power consumption and violations of national regulations.In an April 22...
Arkansas city rejects crypto mining proposal after community pushback
The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits,...
