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Mining
Cipher Mining Begins Bitcoin Production at 300 MW Black Pearl Data Center
Cipher Mining (CIFR) has begun bitcoin BTC$103,760.80 production at its 300-megawatt (MW) Black Pearl facility in Texas, the company announced on Monday. The launch marks a key milestone for the…
HIVE Digital to Launch Canadian AI Data Hub With 7.2 MW Toronto Site Purchase
HIVE Digital Technologies (HIVE) has signed an agreement to buy a 7.2-megawatt data center in Toronto, Canada, aiming to transform it into a cornerstone for artificial intelligence (AI) infrastructure…
Russia Predicted to Emerge as the Second Global Bitcoin Mining Power
The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions, Girya…
946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop
At block height 901,152 on Friday, the Bitcoin network logged its 12th difficulty adjustment of the year, slipping a slight 0.45%, which lowered the difficulty to 126.41 trillion. The next day,…
BTC block production is shifting to the USA
Bitcoin mining is changing its profile, with over 30% in the hands of US-based corporate miners. US-based miners generally hold more than 40% of the hashrate, but listed companies are now in charge of…
France Rejects Bitcoin Mining Proposal
The French National Assembly has decided not to discuss the subject of bitcoin mining as a possible destination for the French energy surplus. The recently introduced amendment was rejected on…
Norway plans temporary ban on power-intensive cryptocurrency mining
COPENHAGEN, June 20 (Reuters) - Norway aims to impose a temporary ban on the establishment of new data centres that mine cryptocurrency with the most power-intensive technology, in order to conserve…
Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze
After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar…
Only 30% of crypto miners comply with Russia’s new rules, finance ministry official says
Russian Deputy Minister of Finance Ivan Chebeskov said Thursday that the country’s mining sector still operates largely in the shadows, with only 30% of miners registered with the Federal Tax Service…
Bitcoin Miner Bitdeer Aims to Secure $330M via Convertible Notes for Expansion
Bitdeer Technologies Group priced an upsized private offering of $330 million in convertible senior notes due 2031. The Singapore-based bitcoin mining company increased the offering size from an…