5 / 41 Relevant items tagged with #MINING
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Hive to Expand Bitcoin Mining Power With $60M Purchase
[Dec 4, 2024 5:30 AM] The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network’s total hashrate. Competition Among Miners Intensifies as Bitcoin Inches Towards $100K Canadian-based Bitcoin mining firm Hive…
Peter Todd advocates for space miners: ’Economics might make sense’
[Dec 3, 2024 6:32 PM] Though Todd denies it, an HBO documentary recently claimed he was the real Satoshi Nakamoto and inventor of Bitcoin.
Mining Boom: Bitcoin Miners Rake in Highest Revenue Since April
[Dec 1, 2024 3:45 PM] Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price climb, hitting levels not seen since April. Bitcoin Miners Celebrate $1.21B November Payout as Hashrate Soars Bitcoin miners saw…
A Deep Dive into Bitcoin Mining Veteran Hut 8
[Dec 1, 2024 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…
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
[Nov 30, 2024 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…
Bitcoin halving birthday: 12 years of limited supply and milestones
[Nov 28, 2024 2:12 PM] Bitcoin celebrates 12 years since its first halving event, with block rewards shrinking to 3.125 BTC and miners adapting to higher difficulty amid rising prices.
Russian gov’t approves new crypto taxation framework
[Nov 28, 2024 8:58 AM] The Russian Federation Council’s approval of the new crypto taxation regime comes amid Bitcoin hitting all-time highs against Russia’s national currency, the ruble.
BTC Miner Cipher Expands Texas Operations With 100 MW Data Center
[Nov 27, 2024 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)…
US Imposes Import Restrictions on Bitmain ASICs: Report
[Nov 26, 2024 9:30 AM] The U.S. Customs and Border Protection Agency has halted imports of certain Antminer ASICs produced by Bitmain. Bitmain Rivals Spared The U.S. Customs and Border Protection Agency (CBP) has reportedly been blocking imports of Bitmain made Antminer…
President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service
[Nov 25, 2024 12:24 PM] Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano energy “might actually make sense.”…
Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?
MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
[Nov 23, 2024 2:56 PM] MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes…
Bitcoin Bull Market May Drive Russian Miners Underground
[Nov 22, 2024 7:30 AM] The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal…
Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K
From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
[Nov 21, 2024 5:45 PM] Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven…
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…
Privacy is the ultimate shield against blockchain vultures
[Nov 18, 2024 6:00 PM] Privacy protocols are the unsung heroes in the fight against blockchain vultures.
Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
[Nov 17, 2024 7:30 AM] The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban following the enactment of the recent national…
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…
BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels
[Nov 13, 2024 12:45 PM] As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256 hashrate reaching the highest peak in 152 days. Miner Earnings Rebound as Bitcoin Climbs Bitcoin miners are savoring the…
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…
Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future
[Nov 12, 2024 10:30 AM] Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites in the country. Two sites have already been acquired, and one is in development in Ohio, which will provide the…
Trump Wins, Bitcoin Surged: What’s Next?
[Nov 10, 2024 8:30 PM] Bitcoin hit an all-time-high and mining stocks soared on the very same day Donald Trump won the U.S. presidency. Explore Trump’s bold crypto promises—could this mark a new golden era for Bitcoin and cryptocurrency? The following guest post…
Is Helium mining still profitable?
[Nov 9, 2024 4:25 PM] While Helium mining can be profitable, factors like location, network congestion and HNT price fluctuations influence earnings.
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…
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
[Nov 7, 2024 9:30 AM] Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE)…