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Bitcoin production growth and capital strategy guiding Marathon Digital: CEO

[May 19, 2023 3:00 PM] In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO Fred Thiel spoke about the mining company’s response to the bear market.

Microbt Unveils New Whatsminer Bitcoin Mining Rig With 320 TH/s, Setting New Standard for Hashpower

[May 19, 2023 12:30 PM] During the Bitcoin 2023 conference in Miami, bitcoin mining rig producer Microbt unveiled three new additions to their Whatsminer series. The latest Whatsminer models, namely the M50S++, M53S++, and M56S++, boast hashpower ranging from 150 terahash…

Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet

[May 18, 2023 2:30 PM] The Chinese rig maker's new model can deliver a wooping 320 TH/s.

US Bitcoin Corp Secures Hosting Agreements for 150,000 Bitcoin Miners

[May 18, 2023 12:00 PM] On Thursday, the bitcoin mining company U.S. Bitcoin Corp revealed the firm has successfully secured hosting agreements with five different companies to install 150,000 application-specific integrated circuit (ASIC) bitcoin miners. The bitcoin…

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

[May 18, 2023 3:44 AM] The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

With Rushed Moratorium On Bitcoin Mining, North Carolina County Stifles Innovation

[May 17, 2023 12:00 PM] This is an opinion editorial by Dennis Fassuliotis, founder of South Carolina Blockchain Inc. and co-founder of South Carolina Emerging Technology Association, Inc.Why is the Buncombe County, North Carolina moratorium on Bitcoin mining so…

Bitcoin Is a Threat to the Energy-Use Status Quo – and That’s a Good Thing

[May 16, 2023 1:36 PM] Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might.

Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center

[May 16, 2023 9:19 AM] Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round.

Bitcoin Mining in 2023: 18 Profitable ASIC Devices and the Dominance of Three Major Manufacturers Revealed

[May 15, 2023 11:30 PM] According to statistics from mid-May 2023, 18 different application-specific integrated circuit (ASIC) bitcoin mining devices are profitable using today’s bitcoin exchange rates. Additionally, the top bitcoin mining machines today are made…

Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows

[May 15, 2023 6:45 AM] In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.

Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says

[May 13, 2023 11:00 AM] The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.

Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees

[May 12, 2023 1:44 PM] Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.

Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale

[May 12, 2023 1:05 AM] The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

[May 11, 2023 10:30 PM] A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders…

Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation

[May 11, 2023 1:30 PM] Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Securities and Exchange Commission (SEC) in relation to an investigation concerning the firm’s Montana…

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

[May 11, 2023 11:39 AM] Thursday's reported first-quarter earnings from miners were a mixed bag.

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

[May 11, 2023 9:40 AM] The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners.

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite

[May 11, 2023 6:03 AM] The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe

[May 11, 2023 2:28 AM] The U.S. regulatory body is probing related-party transactions that may have violated securities laws.

Marathon Digital announces immersion crypto mining operations in Abu Dhabi

[May 9, 2023 3:45 PM] The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s.

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining

[May 9, 2023 2:14 PM] The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.

Cipher Mining Buys 11,000 Crypto Mining Rigs From Canaan, Reaches 6 EH/s Hashrate

[May 9, 2023 6:18 AM] Cipher has an eye on hashrate of 8.2 EH/s by the end of the year.

Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues

[May 9, 2023 5:28 AM] The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.

Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

[May 8, 2023 4:43 PM] Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC.

Kazakhstan collected $7M in crypto mining taxes in 2022

[May 6, 2023 2:36 PM] Crypto miners paid millions of dollars in energy fees last year following the regulation of the fiscal burden of mining activities.

Bitcoin Miners Reap Profits As Mining Difficulty Hits 3-Month Low

[May 6, 2023 2:53 AM] Bitcoin miners have received a boost in profits after the scheduled difficulty level adjustment resulted in a positive balance. This is the first time since February that the difficulty, which controls the issuance of coins on the network, has…

Crypto Miners Pay Kazakhstan $7 Million in Taxes Amid Uncertain Future for Sector

[May 5, 2023 5:30 PM] The government of Kazakhstan has collected over $7 million in taxes this and last year from enterprises mining cryptocurrency in the country. The news comes amid growing regulatory pressure that is limiting the industry’s access to low-cost energy…

RFK Jr. elaborates position on CBDC, crypto: ‘It isn’t just criminals who want privacy’

[May 5, 2023 1:30 PM] The U.S. presidential candidate has added anti-CBDC to his anti-establishment, anti-vaccination repertoire and has gained double-digit support among Democrats.

Montana governor signs pro-cryptocurrency mining bill into law

[May 4, 2023 3:40 PM] The legislation includes revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms and not allowing taxation for crypto used as a method of payment.

Stronghold Digital to Add 400 PH/s Capacity Via 4K Bitcoin Miners From Canaan Subsidiary

[May 4, 2023 8:33 AM] The machines will be installed in two tranches, one by mid-May and the second by mid-June.