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Mining
Arch Aims to Help Bitcoin Holders Slash U.S. Tax Bill With BTC Mining Investments
Bitcoin BTC$108,222.79 holders facing steep tax bills have a new option to ease the burden — by converting what they owe into income-producing mining hardware. Crypto lending firm Arch is rolling out…
HIVE Digital Finalizes 100MW Hydroelectric Bitcoin Mining Expansion in Paraguay
Key Notes The expansion leverages power from Paraguay's Itaipú Dam, positioning the site as the country's largest renewable mining facility by 2026. Hive's global hashrate has surged from 6 EH/s to…
British Columbia Wants to Permanently Ban New Crypto Mining Sites
The Government of British Columbia is moving to permanently bar new cryptocurrency mining projects from connecting to the provincial power grid, as it shifts focus toward major industries it says will…
Bitcoin’s Hashrate Hits the Stratosphere: Miners Flex 1.164 Zettahash of Pure Power
Bitcoin’s hashrate just cranked things up another notch, blasting to 1,164 exahash per second (EH/s) on Sunday at 2:40 p.m. Eastern time. Bitcoin’s Hashrate Rockets While Revenue Improves Fresh off…
Bitcoin Miner Bitdeer’s AI Pivot Earns Price Target Hike at Benchmark
Wall Street broker Benchmark raised its price target on bitcoin BTC$110,972.63 miner Bitdeer Technologies (BTDR) to $38 from $24 implying more than 50% upside from current levels. The broker said the…
Bitcoin mining just got easier — but not for long, as hashrate roars back
The Bitcoin (BTC) mining difficulty fell to 146.7 trillion on Friday as the network hashrate, the average of the total computing power dedicated to securing the decentralized protocol, hit an all-time…
Are Bitcoin Miners Now Abandoning BTC to Work on Artificial Intelligence? Industry Members Respond
Shares of the large-scale mining companies that power the Bitcoin network are once again outperforming BTC itself, driven by the companies' increasing shift toward hybrid models centered on artificial…
Bitcoin Mining and Treasury Firms Falter Together as BTC Drops 4.6% on the Week
Bitcoin-exposed equities limped into the weekend with a split tape Friday as most large miners and several bitcoin treasury names finished the day lower, according to data collected by…
Russian authorities bust massive crypto farm in Irkutsk
Russian law enforcement has busted one of the country’s largest unauthorized installations for cryptocurrency mining discovered recently, seizing over a thousand mining devices. The Bitcoin farm was…
New debt-fueled era for Bitcoin miners marked by 1 zetahash milestone – Report
Bitcoin mining crossed the zetahash threshold in September as the network averaged 1.034 ZH/s, and hashprice fell below $47 per PH per second. According to a new report by The MinerMag, the step up in…