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...
Mining
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...
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...
Mining Boom: Bitcoin Miners Rake in Highest Revenue Since April
Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price...
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and...
BTC Miner Cipher Expands Texas Operations With 100 MW Data Center
Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West...
US Imposes Import Restrictions on Bitmain ASICs: Report
The U.S. Customs and Border Protection Agency has halted imports of certain Antminer ASICs produced by Bitmain. Bitmain Rivals Spared...
President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service
Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes....
Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and...
Bitcoin Bull Market May Drive Russian Miners Underground
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on...
Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K
Based on the most recent data using the seven-day simple moving average (SMA), bitcoin’s hashrate climbed to an unprecedented peak...
Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden...
