2025 Kicks Off With Big Wins on Wall Street for Bitcoin Miners
It was an eventful year for bitcoin miners in 2024, with the fourth Bitcoin halving and the cryptocurrency surpassing the...
Mining
Mining Milestone: Bitcoin Hashrate Hits Record 808 EH/s on New Year’s Eve
Much like the end of 2023, when Bitcoin broke records with its transactional volumes and hashrate, the cryptocurrency rang in...
Bitcoin Mining Revenue in 2024: A Year of Change and Challenges
Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s fourth halving event....
Bitcoin Mining Revenue Outpaces November—And December Isn’t Over Yet
Though the month isn’t quite over yet, bitcoin miners have already outperformed their November earnings, amassing $1.33 billion in December...
Today’s PoW Mining Marvels: Scrypt Takes the Throne as 2024’s Top Algorithm
During the opening week of the year, the Kheavyhash algorithm—used for mining kaspa (KAS)—topped the profitability charts among proof-of-work (PoW)...
Bitcoin Miner Hive Bets Big on AI Boom With $30 Million Nvidia GPU Deployment in Quebec
Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant...
Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion
Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center...
Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover
Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from...
Bitfarms: Rebound Overdue or Losing the Game?
After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF...
From Oilfields to Crypto Fields: Halliburton Invests in Bitcoin Mining Startup
Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in...
From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant
According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become...
Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover
The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network”...
Bitcoin Breaks Barriers: Network Hashrate Smashes 800 EH/s as BTC Eyes New Price Highs
According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on...
Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt
Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor...
Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi
Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines...
Riot Platforms to Raise Funds for Bitcoin Acquisition
Riot Platforms, Inc. announced a proposed $500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate...
From Energy Efficiency to Profitability: The Machines That Rule Bitcoin Mining
With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from...
Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław
A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech...
Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates
Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting...
Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader...
Hive to Expand Bitcoin Mining Power With $60M Purchase
The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network’s...
A Deep Dive into Bitcoin Mining Veteran Hut 8
A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and...
