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Browsing Category
Mining
Russia’s Tatarstan eyes building $100m Bitcoin mining center
Fintech company Innopolis Tech controlled by a former minister of communications of Russia is set to build the largest Bitcoin mining center in Russia worth around $100 million. The Republic of…
Kaspa Mining Growth Accelerates As Industrial Miners Join the Game
Kaspa mining accelerates, indicating that big pools boost the hashrate with powerful machines. The Kaspa L1 network aims to provide security, proof of work, and instant transaction validation. A…
Bitcoin Halving Post Mortem: Insights from Hashrate Index’s Q1-2024 Report
Introduction: The latest Q1-2024 Hashrate Index Report by Luxor Technology delves into the Bitcoin mining sector's performance after the Fourth Bitcoin Halving. This report offers critical insights…
A deeper look at Riot’s ‘hostile’ bid to take over Bitfarms
As Riot Platforms continues its quest to buy rival miner Bitfarms, others are apparently interested as well. And with a Bitfarms committee focused on determining the mining firm’s best option, it may…
Jack Dorsey-Backed Bitcoin Mining Pool Ocean Establishes Global Hub in El Salvador
Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will…
Analysts say Bitcoin’s hashrate surge will ‘smack miners’
Crypto mining analytics firm Hashrate Index says public Bitcoin miners are energizing their ASIC orders on schedule. Bitcoin miners are about to face a “hefty upward difficulty adjustment” in eight…
Bitfarms Says Riot Bid ‘Significantly Undervalues’ Crypto Miner, Is Exploring Options
Bitfarms rejected Riot Platforms' unsolicited $2.30 per share takeover bid as undervaluing the crypto miner. The company said it hired investment bank Moelis to serve as a financial adviser in dealing…
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
Riot has the financial capacity to consolidate the bitcoin mining space, the report said. The broker said it expects the U.S. bitcoin mining space to consolidate to around five large players.…
Crypto Miner Riot Platforms Set to Take Over Rival Firm Bitfarms
Riot Platforms Inc. (RIOT) has aggressively entered the spotlight by securing a 9.25% stake in Bitfarms Ltd. (BITF). The company is now pushing forward with a public takeover bid for the Canadian…
Cryptoverse: Miners trudge through post-halving world
May 28 - With mining rewards halved, mining difficulty elevated and the shiny new bitcoin exchange-traded funds (ETFs) stealing investor capital, it's been a tough year for bitcoin miners. Marathon…