[Dec 20 4:00 AM] Major North American Bitcoin (BTC) mining company Hut 8 has further expanded its BTC holdings with a $100 million acquisition. This latest purchase has pushed the company’s total reserves to over 10,096 BTC, valued at more than $1 billion at…
[Dec 18 5:30 PM] According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest publicly listed mining firm in terms of hashrate. Stealth Hashrate: Cango’s Surprising Crypto Pivot…
[Dec 17 9:54 PM] The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving…
[Dec 17 5:24 PM] Company Name: GridlessFounders: Janet Maingi, Erik Hersman and Philip WaltonDate Founded: August 2022Location of Headquarters: United States | Operations in Kenya, Malawi and ZambiaNumber of Employees: 10Website: https://gridlesscompute.com/Public…
[Dec 12 9:07 PM] The activist investor is said to be pushing Riot to optimize the use of its facilities the same way many of its colleagues already have.
[Dec 11 4:37 PM] Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed…
[Dec 11 3:30 AM] Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, recently shared his insights on Bitcoin (BTC) and the broader cryptocurrency market. Speaking at the Bitcoin MENA 2024 Conference, Scaramucci predicted that China would likely…
[Dec 10 5:30 PM] Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines during the Bitcoin MENA Conference in Abu Dhabi. Microbt Ignites Mining Competition With…
[Dec 10 3:03 PM] Bitcoin mining companies have collectively raised an impressive $5.2 billion through convertible notes in recent months. Convertible Notes Remain a Key Funding Vehicle for Bitcoin Miners Bitcoin mining companies have turned to convertible notes in…
[Dec 9 6:30 AM] With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from block rewards. As 2025 draws nearer, it’s worth exploring the leading application-specific integrated circuit (ASIC)…
[Dec 8 2:00 AM] From attaining a six-figure market price to a sudden market crash, Bitcoin has remained the major headliner in the crypto market over the past week. Among these rapid developments on the largest digital asset, blockchain analytics company Santiment…
[Dec 5 6:45 PM] Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting at 0.4%. Bitfufu Expands Services With Low-Commission Bitcoin Mining Pool The service, set to…
[Dec 5 4:30 AM] Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader restructuring effort. Foundry Spins off AI Arm, Cuts Jobs Bitcoin miner Foundry has laid off nearly a third (27%) of its employees, with…
[Dec 5 12:05 AM] BIT Mining (NYSE: BTCM) has agreed to acquire 51-megawatt crypto mining data centers and 17,869 bitcoin mining machines in Ethiopia for $14.28 million. The consideration comprises a cash payment of $2.265 million and the issuance of Class A…
[Dec 4 2:09 PM] Company Name: HeatbitFounder: Alex BusarovDate Founded: April 2020Location of Headquarters: RemoteNumber of Employees: 25Website: https://heatbit.com/Public or Private? PrivateIn early 2020, Alex Busarov was stuck in his Shanghai apartment during…
[Dec 4 5:05 AM] Hut 8 argued that a lawsuit from its shareholders arose “from a short seller’s attempt to obtain a monetary gain on its short position” in the crypto miner.
[Dec 1 7:30 AM] A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. The following guest post comes from Bitcoinminingstock.io, providing comprehensive…
[Nov 30 8:30 AM] Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big in Bitcoin Mining 16 publicly traded bitcoin mining companies have raised more than $5 billion…
[Nov 29 8:30 AM] Bitcoin mining firm MARA – formerly known as Marathon Digital – has announced the acquisition of an additional 703 BTC. This purchase increases the company’s total cryptocurrency holdings to 34,794 BTC. MARA’s Bitcoin Holdings Surge To…
[Nov 28 5:45 PM] Crypto mining hardware typically has a lifespan between 3-5 years on average and must be periodically upgraded to maintain profitability.
[Nov 27 3:30 PM] Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas. Cipher Mining Secures Strategic Site for Bitcoin Mining Expansion According to Cipher Mining’s (Nasdaq: CIFR)…
[Nov 27 9:00 AM] The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant…
[Nov 25 10:05 AM] James Howells’ $716 million Bitcoin fortune in a landfill has sparked legal battles, and his ex-partner now claims she followed his instructions to discard the hard drive.
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