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Mining
Bitcoin Mining Profitability Down 7.4% in March as Prices, Transaction Fees Fell: Jefferies
Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday. The drop was due to a 11.2% decline in the average bitcoin price and a 9.1% drop in…
Bigcoin mining game faces Ponzi allegations amid token price swings
This is a segment from The Drop newsletter. To read full editions, subscribe. Abstract, the Ethereum L2 blockchain that claims it’s “leading the next generation of consumer crypto,” is featuring and…
Nvidia Moves AI Supercomputer Production to U.S., Opening New Avenues for Crypto Miners
Nvidia plans to manufacture its next generation of AI chips and supercomputers entirely in the U.S. for the first time, the company said in a statement on Monday. The move reflects rising demand…
HPC Gold Rush Continues: Bitcoin Miner Bit Digital Secures Québec Site for Tier 3 Data Center
Bit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center supporting its 5MW colocation contract with artificial…
Top Bitcoin Mining Stocks Close the Week Higher After Tariff-Driven Dip
Financial markets shimmered with cautious optimism as U.S. equities closed positively Friday, with the Nasdaq Composite rising 2.06% and the digital asset sector vaulting 3.72% to a $2.63 trillion…
Luxor’s Aaron Foster on Bitcoin Mining’s Growing Sophistication
Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin…
US Senate draft bill targets AI and crypto data centers with emissions fees
A draft bill in the US Senate proposes imposing fees on data centers supporting blockchain networks and AI models that surpass federal emissions targets. The bill, spearheaded by Senate Democrats…
Arizona’s Bitcoin Mining Bill Advances to Governor’s Desk
Arizona is one step closer to locking in legal protections for crypto miners and blockchain node operators. On Thursday, the state legislature passed HB 2342, a bill that protects individuals who…
Pakistan to Use Surplus Electricity for Bitcoin Mining and AI Data Centers: Report
Pakistan will channel part of its surplus electricity into powering Bitcoin mining and artificial intelligence (AI) data centers, a significant shift in energy and tech policy aimed at turning excess…
President Donald Trump’s Tariffs Hit Bitcoin Mining Too! Here Are the Details
The U.S. Bitcoin mining industry is facing potential disruptions following President Donald Trump’s latest tariff announcement, which will impose a minimum 10% duty on all imports starting April 5.…