The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
[Nov 20, 2024 7:01 PM] The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth.
4 / 38 Relevant items tagged with #BitcoinMining
Posts: 1,120
Posts
Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
[Nov 20, 2024 2:43 PM] Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence…
Russia to restrict crypto mining in 13 regions to save electricity
[Nov 20, 2024 11:45 AM] If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.
Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
[Nov 19, 2024 9:32 PM] Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has…
Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
[Nov 16, 2024 5:30 AM] Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to…
NY Supreme Court allows Greenidge to keep mining, but challenges remain
[Nov 15, 2024 6:00 PM] The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over.
Bitfufu Secures $100 Million Credit Line From Antpool Technologies
[Nov 12, 2024 10:50 PM] Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In a move reflecting…
El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
[Nov 12, 2024 6:39 PM] Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
'Volmageddon' — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
[Nov 11, 2024 11:54 PM] The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.
Hive Digital buys 6,500 ASICs, starts Paraguay construction
[Nov 11, 2024 6:00 PM] Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity.
Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals
[Nov 8, 2024 9:30 PM] Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported…
Jack Dorsey’s Block Bets Big on Bitcoin Mining
[Nov 8, 2024 8:30 PM] Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New…
Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture
[Nov 7, 2024 11:23 PM] The company's shares fell after reporting third quarter sales that missed estimates by 4%.
Load variability is key to AI energy infrastructure — TeraWulf CTO
[Nov 7, 2024 6:04 PM] United States lawmakers believe Building energy infrastructure for Bitcoin mining, AI, and high-performance computing is a major priority.
Michael Novogratz's Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls
[Nov 7, 2024 3:30 PM] The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.
Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally
[Nov 6, 2024 5:30 PM] After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White House. Bitcoin Mining Stocks See Explosive Gains On Nov. 6, bitcoin mining stocks…
Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’
[Nov 6, 2024 9:30 AM] Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot’s Latest Financial Update Bitcoin mining giant Riot Platforms (Nasdaq: RIOT)…
Trump victory: US crypto industry anticipates clarity, success
[Nov 6, 2024 7:54 AM] Donald Trump is projected to win the US presidential election, promising to promote crypto in America.
Tech giant’s failed AI energy deals could pull power from Bitcoin
[Nov 6, 2024 12:59 AM] Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.
Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
[Nov 5, 2024 11:23 AM] The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival
[Nov 4, 2024 10:30 PM] Bitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable…
'There's No Catch': Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies
[Nov 4, 2024 8:03 PM] Bitcoin mining provides an opportunity for independent power producers to sell their electricity on a worldwide market, according to Sangha Renewables President Spencer Marr.
Deutsche Telekom ventures into Bitcoin mining with renewable energy
[Nov 4, 2024 12:57 PM] Europe’s biggest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources that would otherwise go unused.
Bitcoin Mining Stocks Take a Dive – But Monday Could Change the Game for These Players
[Nov 4, 2024 12:30 PM] It’s been a rough week for bitcoin mining stocks, as nine out of the top ten publicly listed miners have seen declines ranging from 2.07% to 19.65%. This Week Applied Digital Leads Declines in Bitcoin Mining Sector, Hut 8 Only Gainer With…
The US Election is Just Days Away: Which Party is Best for Bitcoin Mining Stocks?
[Nov 2, 2024 4:10 PM] Ever wondered how U.S. presidential elections impact the stock market? We explore historical trends, stock market predictions, and Bitcoin price movements under different administrations. The following guest post comes from Bitcoinminingstock.io…
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
[Nov 1, 2024 9:10 PM] Canaan Inc. announced a new agreement to deliver 3,800 Avalon A1566I miners to Cleanspark Inc., a publicly listed bitcoin mining and energy technology firm. A New Deal Between Canaan and Cleanspark According to the announcement, the bitcoin miners…
Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
[Nov 1, 2024 7:14 PM] The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
[Nov 1, 2024 2:57 PM] The network's monthly average hashrate surged to a record high, the report said.
Sazmining Brings Bitcoin Mining-Powered Sustainable Heating to a Norwegian Town
[Nov 1, 2024 8:30 AM] Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element. The company reported that it is currently working on substituting the traditional petrol-based…