[today 1:30 AM] Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment bank H.C. Wainwright & Co., which will earn a commission of up to 3% on shares sold. New Funding to…
[yesterday 1:05 PM] After four straight difficulty hikes beginning March 9, the Bitcoin network finally eased up—registering a 3.34% downward adjustment that offered miners a welcome moment of relief. Bitcoin Network Sees First Difficulty Drop After 4 Consecutive…
[May 1 8:20 PM] Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of dwindling returns since December as the sector continued its downward earnings trend. April Wrecks Bitcoin Miners…
[May 1 3:30 PM] Terengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations in Hulu Terengganu and Marang districts on Tuesday, seizing 45 machines worth RM225,000. Police…
[May 1 9:30 AM] The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions Bitcoin…
[Apr 30 8:43 PM] Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 megawatts and surpassing 500 megawatts globally across five countries. Development of New Site to Be…
[Apr 30 4:30 AM] The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with…
[Apr 29 8:18 PM] Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa Project The initial 8-megawatt (MW) phase of the 30…
[Apr 28 8:48 PM] Bitcoin Magazine Bitcoin Mining Centralization in the U.S.: A New Risk for the Industry? A groundbreaking study from the Cambridge Centre for Alternative Finance (CCAF) claims that the United States now dominates Bitcoin mining, controlling as much…
[Apr 28 4:30 AM] A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies enhanced network security and strong miner confidence. Bitcoin Hashrate at End of Q4 Ahead of…
[Apr 26 10:30 PM] Coeptis Therapeutics Holdings, Inc. and Z Squared Inc. announced a definitive merger agreement on April 25, 2025, to create the world’s largest publicly traded dogecoin-focused mining company, with Coeptis spinning off its biopharmaceutical…
[Apr 26 3:40 PM] Over the past week, data reveals that the Bitcoin blockchain has witnessed the departure of nearly 100 exahash per second (EH/s) of hashrate. Much of that exodus unfolded after difficulty climbed to 123.23 trillion on April 19. Will the Upcoming…
[Apr 26 1:45 PM] Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements. Cleanspark’s Bitcoin Mining Facility Proposal Moves…
[Apr 25 7:14 PM] A local news outlet reports that two individuals tied to a South American theft ring were apprehended in Los Angeles after allegedly stealing $4 million in goods, including $2.7 million worth of application-specific integrated circuit (ASIC)…
[Apr 24 4:40 PM] Bitcoin’s rally and a reported $200 million credit facility propelled Bitdeer Technologies (BTDR) to the No. 2 spot for top-performing stocks after an April 22 surge. Despite this, Callisto Research questions Bitdeer’s financial transparency and…
[Apr 24 11:30 AM] The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities, Paraguay’s power grid could collapse as early as 2029. The union proposed diversifying the nation’s energy…
[Apr 24 8:30 AM] Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month…
[Apr 24 7:30 AM] Three more regions in Russia have applied to join others in limiting bitcoin mining activities due to the high energy consumption of these operations. The Ministry of Finance stated that it is still undecided whether these new regions will impose a…
[Apr 24 6:30 AM] Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior…
[Apr 22 9:32 PM] As digital tokens glittered on Tuesday, equities tethered to the sector followed suit, with Coinbase ending the session up 8.57% and Strategy’s common stock advancing 7.95%. Bitcoin Sits Idle While Its Proxies Sprint: Publicly Traded Miners Chalk…
[Apr 21 11:10 PM] Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study…
[Apr 21 7:30 PM] After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to 123.23 trillion, roughly 52 EH/s have exited the network since April 17. Difficulty Spike and Hashrate Drop Lengthen Block Times…
[Apr 19 4:05 PM] Around 4 a.m. Eastern time Saturday, when Bitcoin’s block height reached 893,088, the network difficulty ratcheted upward to a new all‑time high, making the quest for new blocks considerably more difficult for miners. Block 893,088 Triggers Another…
[Apr 17 4:30 AM] Auradine, a U.S.-based firm in energy-efficient blockchain and artificial intelligence (AI) infrastructure, has raised $153 million in a Series C funding round to accelerate its growth and innovation. Auradine Hits $300M Total Funding With Latest…
[Apr 16 8:15 PM] Public bitcoin miners offloaded over 40% of their mined BTC in March, signaling renewed financial pressure amid low hash price and rising operational costs. Mining Firms Resume BTC Liquidations to Fund Operations and Growth Public bitcoin mining…
[Apr 16 5:15 PM] Bitcoin Magazine bitcoin++ mempools and mining edition: The Premier Developer-Centric Bitcoin Event Returns to Austin Austin, TX – bitcoin++, the premier developer-focused Bitcoin event, returns to Austin from May 7-9, 2025. This highly anticipated…
[Apr 16 3:00 PM] Bitcoin Magazine Hashbranch and Merkle Standard Deploy Massive 1.3 Exahash Bitcoin Mining Operation [San Diego, April 16, 2025] – Merkle Standard, a leading sustainable cryptocurrency mining company, and Hashbranch, the software-enabled…
[Apr 16 12:10 AM] Publicly listed bitcoin mining company Bitdeer is preparing to manufacture its mining equipment in the United States, a move shaped by U.S. President Donald Trump’s trade policies. Trump’s Tariffs Push Bitdeer Toward Self-Mining and American-Made…
[Apr 15 6:30 AM] Ocean is a decentralized bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr in 2023 and backed by former Twitter CEO Jack Dorsey. Ocean to Power Tether’s New Decentralized Bitcoin Mining Strategy Tether, the largest…
[Apr 14 1:41 PM] Bitcoin Magazine Bitcoin Miners Are Doubling Down With all the current bearish sentiment and macroeconomic uncertainty swirling around both Bitcoin and the broader global economy, it might come as a surprise to see miners as bullish as ever. In…
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