1 / 39 Relevant items tagged with #Mining
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Bitcoin Miner Cipher Secures $50 Million Investment From Softbank
[Jan 31 9:10 PM] Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher…
Arkansas Senate Rejects Bill Restricting Bitcoin Mining Near Military Sites
[Jan 31 3:30 PM] The Arkansas Senate has rejected Senate Bill 60, which sought to prohibit digital asset mining businesses from operating within 30 miles of military facilities. Arkansas Legislature Rejects Digital Asset Mining Restriction The bill, introduced by…
Grayscale Launches Bitcoin Miners ETF as Mining Industry Poised for Massive Growth
[Jan 30 4:30 PM] Grayscale Investments has launched the Grayscale Bitcoin Miners ETF, offering investors exposure to bitcoin mining firms, as the industry continues to expand. Grayscale Launches Bitcoin Miners ETF for Crypto-Focused Investors Crypto asset…
Grayscale Investments Launches Bitcoin Miners ETF
[Jan 30 3:06 PM] Grayscale Investments LLC has officially launched the Grayscale Bitcoin Miners ETF (MNRS), providing investors with a unique opportunity to gain exposure to the Bitcoin mining industry. This ETF is designed for those who want to invest in Bitcoin…
DCG Spins Off Fortitude Mining to Focus on Digital Asset Ventures
[Jan 29 4:30 PM] Digital Currency Group (DCG) has launched Fortitude Mining, a subsidiary focused on mining bitcoin and emerging digital assets, on Jan. 29, 2025, appointing former Foundry executive Andrea Childs as CEO. Fortitude Mining, New DCG Subsidiary…
Bitcoin Miners Power up Kentucky as Paducah’s Utility Reaps Financial Gains
[Jan 29 2:30 PM] Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity…
Hive Digital’s Paraguay Purchase to Quadruple Bitcoin Mining Capacity by Late 2025
[Jan 28 5:30 PM] Hive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its global mining capacity to 25 exahash per second (EH/s) by September 2025. Hive Digital…
Deepseek Mania Triggers Widespread Losses for Publicly Traded Crypto Firms and Bitcoin Miners
[Jan 28 2:10 PM] As U.S. and European equities faltered on Monday amid a surge of interest in the artificial intelligence (AI) platform Deepseek, publicly traded bitcoin mining companies faced significant setbacks during the market downturn. Bitcoin Mining Stocks…
Russian Grid Operator Rosseti Eyes Crypto Mining to Power Up Underused Plants
[Jan 27 9:30 PM] Rosseti, Russia’s electric grid operator, is exploring crypto mining to utilize electricity from power plants with low consumption. This could involve building mining centers and potentially coordinating their placement nationwide. Boosting…
Latam Insights Encore: The Upcoming Oil-Bitcoin Connection in Latin America
[Jan 27 12:30 PM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines the possible connection between bitcoin mining and oil in Latam, and how companies can…
Latam Insights: Petrobras Eyes Bitcoin Mining, Brazil Probes Sam Altman’s World
[Jan 26 2:30 PM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, Petrobras starts researching bitcoin mining, Brazil probes World, and…
Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT
[Jan 24 4:30 PM] Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $CORZ, $WULF, $IREN, and $HUT recorded the largest increases in institutional…
Public Miners Surpass 35% of Bitcoin’s Total Hash Rate: MARA, CLSK and IREN Exceed 2024 Expansion Targets
Brazilian Oil Giant Petrobras Starts Looking Into Bitcoin Mining
[Jan 23 2:45 PM] Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions. Brazilian…
Bitcoin Miners Bask in a 16% Hashprice Jump Amid BTC’s Triumphant Rally
Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake
[Jan 17 7:30 PM] Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility…
Mining Bitcoin In The Congo And Beyond: The Journey Of BigBlock Datacenter’s Sébastien Gouspillou
[Jan 15 4:27 PM] Listening to Sébastien Gouspillou share stories from the past eight years of his international life as a Bitcoin miner, it’s difficult to believe he’s telling the truth.Each of his tales come across as works of fiction in which he, often compelled…
Bitcoin Mining Tightens: Difficulty Hits 110.45 Trillion Amid Revenue Slump
[Jan 13 8:50 PM] Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to…
From Price Tags to Terahash: Navigating Bitmain and Microbt’s Available Mining Machines in 2025
[Jan 13 1:00 AM] Over the past year, leading manufacturers of application-specific integrated circuit (ASIC) bitcoin mining rigs have introduced a range of cutting-edge devices. Many of these rigs are quickly snapped up by major mining enterprises, often…
Bitcoin Mining Stocks Shine in 2025: Cathedra and Riot Top the Year’s Gainers
[Jan 11 7:30 PM] Seven in ten publicly traded bitcoin (BTC) mining companies are enjoying a strong start to 2025, with Riot Platforms leading the pack in terms of percentage gains among the top ten firms by market cap. Riot Platforms Rallies As 7 out of the Top 10…
Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits
Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT
[Jan 10 5:30 AM] Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $CORZ, $WULF, $IREN, and $HUT recorded the largest increases in institutional…
Bitdeer Reports a 3% Drop In Self-Mined Bitcoin Production
[Jan 9 8:30 PM] A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer Repays $10 Million Principal Balance on Senior Notes Despite Drop in BTC Production…
Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust
[Jan 9 7:30 PM] Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. Modified Meters Used to Aid Electricity Theft On Jan. 8, law enforcement agents in…
Canaan Introduces Bitcoin Mining Home Heaters at CES 2025
[Jan 9 1:15 AM] Canaan, a bitcoin application-specific integrated circuit (ASIC) mining rig manufacturer, unveiled the Avalon Mini 3 and Avalon Nano 3S, bitcoin mining devices that also function as home heaters, at CES 2025 in Las Vegas. Canaan’s Avalon Mini 3 and…
Inside Bitcoin Mining’s 2024 Revolution: Report Reveals Triumphs and Trials
[Jan 8 6:30 AM] The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive…
Bitcoin ETFs scooped up almost 3X more BTC than produced in December
[Jan 7 4:15 AM] Spot Bitcoin ETFs in the United States amassed a whopping 51,500 BTC in December, while only a fraction of that number was mined.
6,595 Bitcoin Mined by Core Scientific in 2024
[Jan 6 5:30 PM] The growth of Core Scientific’s mining operations in 2024 resulted in the company achieving a total output of 6,595 BTC. Significant BTC Mining Output for Core Scientific Core Scientific, a bitcoin mining company announced its total mining…