Mining

Publicly traded Bitcoin mining companies had a tough week, with nearly every major miner posting double-digit declines as the sector sharply underperformed Bitcoin itself. Over the past five trading…

Russia is reinstating a ban on cryptocurrency mining in two of its regions in Siberia, which will remain in place until the spring. The restrictions are aimed at avoiding electricity shortages in the…

In a groundbreaking move that signals growing institutional confidence, Anthony Scaramucci has spearheaded a massive $220 million funding round for American Bitcoin’s mining operations. This…

The Belarusian President Alexander Lukashenko has classified cryptocurrencies as one of the possible paths for the world to wean itself off dependence on the US dollar. The president’s remarks came…

Bitcoin’s price is currently digging for gold, having fallen from highs above $120,000 to around $96,000, and it has triggered a sharp downturn in the mining sector, with revenues plunging to April…

Bitfarms will shut down its Bitcoin mining operations over the next two years and gradually convert them into AI-focused high-performance computing data centers. Summary Bitfarms will shut down its…

Publicly traded Bitcoin miner Bitfarms will wind down its BTC operations and pivot to AI infrastructure, the firm announced on Thursday.  The announcement comes alongside the firm’s third-quarter…

A fire in Massillon, Ohio affected two buildings belonging to publicly traded Bitcoin miner Bitdeer, the firm announced.  The Tuesday fire was extinguished shortly after the local fire department was…

Singapore-based cloud Bitcoin miner BitFuFu doubled its third-quarter revenue from the previous year, driven by demand for cloud mining and equipment as miners sought to capitalize on the rising price…

A Bitcoin user paid more than $105,197—slightly less than one BTC at the time—to send just $10 of the digital coin on Tuesday, according to blockchain data.  First flagged on Crypto Twitter—or X—by…