[Aug 27, 2024 4:10 PM] Marathon Digital, the largest publicly traded miner, is buying bitcoin in the open market, despite acquiring the digital assets at a discount via mining.
[Aug 26, 2024 10:09 PM] According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes.
[Aug 26, 2024 5:55 PM] Rhodium’s debts range between $50 million and $100 million, while its total assets are estimated between $100 million and $500 million.
[Aug 26, 2024 5:30 AM] Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the…
[Aug 25, 2024 1:16 PM] Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
[Aug 23, 2024 10:30 AM] With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market.
[Aug 21, 2024 6:30 PM] On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first…
[Aug 21, 2024 12:31 PM] The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.
[Aug 21, 2024 2:30 AM] Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting…
[Aug 20, 2024 9:30 PM] Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s…
[Aug 19, 2024 9:51 PM] On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing.
[Aug 19, 2024 10:13 AM] A milestone has been reached in Bitcoin's supply schedule - 94% of the total Bitcoin supply has now been issued through mining. Out of a hard-capped total of 21 million BTC, over 19.74 million have been mined so far. Bitcoin's supply is issued…
[Aug 16, 2024 9:00 PM] This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil.
[Aug 16, 2024 1:52 PM] The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.
[Aug 15, 2024 9:38 AM] August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.
[Aug 15, 2024 5:58 AM] The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
[Aug 15, 2024 1:11 AM] Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency.
[Aug 14, 2024 6:30 PM] Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment…
[Aug 14, 2024 5:34 PM] Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bhasin, partner for Digital…
[Aug 13, 2024 7:30 PM] Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October.
[Aug 13, 2024 6:30 PM] Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital…
[Aug 13, 2024 4:30 PM] Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners, known for their…
[Aug 13, 2024 1:37 AM] Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue.
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