2 / 38 Relevant items tagged with #Mining
Posts: 1,116
Posts
From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
[Nov 21 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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)…
Former Employee’s Hidden Code Turns Workplace Into Crypto Mine
Crypto stocks close on huge gains riding Donald Trump’s US election win
[Nov 7 1:38 AM] Traders have seized on optimism that the more pro-crypto Republicans could also win a majority in Congress after the party won the Senate and the White House.
Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers
[Nov 6 8:30 PM] Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost…
Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally
[Nov 6 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…
Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year
[Nov 6 10:30 AM] Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2 million in the same period last year. The…
Riot’s Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone’
[Nov 6 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)…
Bitcoin’s Difficulty Soars Past 100 Trillion—How Are Miners Adapting?
[Nov 5 8:30 PM] Bitcoin’s mining difficulty has climbed past an unprecedented 100 trillion, marking a new peak in the complexity of finding blocks on the network. Bitcoin’s Mining Difficulty Hits 100 Trillion The difficulty level increased by 3.94%, now sitting at…
Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
[Nov 5 11:23 AM] The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.
Bitcoin Mining Stocks Take a Dive – But Monday Could Change the Game for These Players
[Nov 4 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…
From Record Hashrate to a 241% Onchain Fee Increase – Bitcoin Mining’s Big October Unpacked
[Nov 2 5:10 PM] Following September’s slump to its lowest revenue of the year, bitcoin miners had a profitable October, recording a 25.05% revenue increase. Bitcoin Mining’s October Comeback On Oct. 31, one petahash per second (PH/s) of computing power was…
The US Election is Just Days Away: Which Party is Best for Bitcoin Mining Stocks?
[Nov 2 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…
Bitfarms, Stronghold Digital Mining to Deploy 10,000 Miners in Pennsylvania
[Nov 2 7:30 AM] Bitfarms has partnered with Stronghold Digital Mining Hosting to deploy 10,000 miners at its Pennsylvania site, aiming to improve efficiency and expand its U.S. operations. Improved Efficiency Canada-based bitcoin miner Bitfarms has entered into a…
Inside Cleanspark’s Move to Boost Efficiency With 3,800 Immersion-Cooled Canaan Bitcoin Miners
[Nov 1 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…
Has Russia really ‘legalized’ cryptocurrency mining?
[Nov 1 8:51 AM] Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.