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Browsing Category
Mining
Reports Spark Questions About Bitmain Leadership and Internal Disputes
Posts on X (Twitter) suggest that Bitmain co-founder Micree “James” Zhan Ketuan may be facing a billion-dollar fine, alleged detention, and a complete fallout with business partner Jihan Wu.…
Bitcoin miners are bleeding at $90,000, but the “death spiral” math hits a hard ceiling
Bitcoin’s “miners are dumping” story is comforting in the way simple stories always are. Price slides, miners run out of oxygen, coins hit exchanges, and the price is shoved around by a single, easy…
Bitcoin Mining Stocks End Friday Strong as a Choppy Year-End Awaits
The market cap of bitcoin mining stocks climbed 9.43% on Friday, finishing the session with every one of the top ten publicly traded miners by market value in the green, including three names that…
Cryptocurrency mining is strengthening the ruble, Bank of Russia says
Cryptocurrency mining is one of the factors contributing for a stronger ruble lately, the head of the Bank of Russia has acknowledged. The statement confirms the claim of a Kremlin official, who…
Bitcoin Mining Powerhouse: Bitdeer Mines 144.1 BTC in a Single Week
In a powerful display of operational strength, Bitcoin mining firm Bitdeer has just reported a significant weekly haul. The company mined an impressive 144.1 BTC, showcasing the relentless pace of the…
Tether-linked buyers close $200M Peak Mining deal
Peak Mining has quietly changed hands in a $200 million deal involving Tether insiders, again. This time, the crypto miner was sold by Northern Data, a German AI data center firm mostly owned by…
Lbya ramp up efforts to halt illegal operations as cheap electricity drives BTC mining surge
Libya’s cheap, subsidized electricity created an environment conducive to Bitcoin mining within the country. The Cambridge Center for Alternative Finance reported that Libya accounted for around 0.6%…
Solo Bitcoin miner earns $271,000 using cheap rented hashpower
A solo miner on NiceHash mined Bitcoin block #928,351 for less than $100 in rental hashpower. The miner earned a reward of 3.152 BTC, equivalent to approximately $271,000. Mempool statistics…
WhiteFiber signs 10-year, 40 MW colocation deal with Nscale valued at about $865 million
WhiteFiber (WYFI), a Nasdaq-listed data center and colocation provider focused on AI and high-performance computing, said its Enovum Data Centers subsidiary has signed a long-term colocation agreement…
Russians hope to mine crypto while charging their EVs
A company based in Russia’s second-largest city has reportedly patented an EV charging station equipped with a crypto mining module. It claims the idea is to help drivers earn some digital cash back…