[Jan 1 9:00 AM] In Izhevsk, Russia, a 23-year-old bitcoin miner was forcefully abducted from his residence as kidnappers demanded a ransom of 15 million rubles ($166,000). 23-Year-Old Russian Bitcoin Miner Kidnapped for Ransom On Dec. 25, in a rapid sequence of…
[Dec 29, 2023 8:13 AM] Bitcoin miners' reserves slid to the lowest since May following a spate of withdrawals to exchanges this week, data from CryptoQuant shows.
[Dec 7, 2023 7:15 PM] Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves.
[Nov 29, 2023 10:24 AM] FutureBit, a renowned innovator in consumer-centric Bitcoin products, today announced the Apollo II, a revolutionary personal home mining device. This new launch marks a significant stride in FutureBit's journey to introduce efficient, potent, and…
[Nov 28, 2023 1:00 PM] Today, Wyoming-based Mummolin, Inc, has announced the successful completion of a $6.2 million seed funding round, led by Jack Dorsey, also featuring prominent investors such as Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the…
[Nov 27, 2023 4:30 PM] On November 26, 2023, a stroke of remarkable luck befell a solo miner when they discovered block 818,588, verifying a total of 4,193 transactions. This achievement garnered the miner a total of 6.887 BTC, inclusive of the 6.25 BTC subsidy and…
[Nov 10, 2023 2:30 PM] Several bitcoin mining enterprises are shifting their focus to artificial intelligence (AI) computing and cloud services. In a recent development, the publicly traded blockchain and high-performance computing company Bitdeer, disclosed its…
[Oct 24, 2023 1:41 PM] MicroBT, a prominent Bitcoin mining hardware manufacturer, made an industry-leading announcement in hash efficiency at the Blockchain Life 2023 event in Dubai. The company unveiled its latest generation mining rigs, the Whatsminer M60 series…
[Aug 14, 2023 10:00 AM] Bitcoin mining has been up by a considerable fraction this year, as the blockchain network recorded a new all-time high in hash rate in the second quarter of the year. Mining revenue is also up, as the bitcoin Bitcoin recorded a spike in…
[Aug 8, 2023 8:02 AM] The world's largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings.
[Jun 21, 2023 5:30 PM] Cleanspark, a publicly listed bitcoin miner, has announced that it has entered into definitive agreements to acquire two turnkey bitcoin facilities in Dalton, Georgia. The deal will be an all-cash payment of $9.3 million and is expected to increase…
[Jun 21, 2023 5:00 PM] Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting…
[Mar 6, 2023 7:12 PM] The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit.
[Dec 21, 2022 6:32 AM] One of the largest bitcoin mining companies in the U.S. has filed for Chapter 11 bankruptcy protection.Core Scientific has officially filed for bankruptcy.The filing followed a decline in the firm’s operating performance and liquidity.The giant…
[Nov 4, 2022 9:00 PM] More announcements from public bitcoin miners on potential capitulation. Debt needs to be paid and cash is tight due to high hash rate and a low bitcoin price. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin…
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