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Browsing Category
Mining
How $800 hardware can sniff Bitcoin miner traffic via satellite
UC San Diego and the University of Maryland researchers have reported findings showing that roughly half of GEO satellite downlinks carry data without encryption. Further, data interception can be…
A week-long 51% attack on the Bitcoin network would cost $6 billion, research reveals
Bitcoin is trusted by governments and financial institutions. Reputable investors call it “digital gold,” and some even claim it’s better than gold. Notwithstanding all these, Bitcoin is still facing…
Canaan rallies to a six-month high amid its new Bitcoin gas-to-compute data center
Canaan Inc. (CAN), one of the innovative mining and data center companies, rallied to a six-month high. The company announced a 2.5MW capacity for a new mining center in Canada, using excess gas…
Five Months of Pain: Bitcoin Miners Watch Earnings Crater 27%
Crypto investors might be nursing some serious portfolio bruises this week, but bitcoin miners have their own headache — earnings per petahash just hit a five-month low, and it’s not exactly the kind…
Bitcoin Miners Rally in Pre-Market as Sector Nears $90B Market Cap
Bitcoin BTC$121,677.25 miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting…
Russian bank registers demand for Bitcoin-backed loans
Members of the sprawling Russian crypto mining industry may soon be offered loans against their Bitcoin as collateral. The idea, pitched by one of Russia’s systemically important banks, comes amid…
Bitcoin Miners Emerge as Key AI Infrastructure Partners Amid Power Crunch: Bernstein
A tightening U.S. power grid is driving bitcoin BTC$111,480.33 miners and AI developers into closer alignment, according to Wall Street broker Bernstein. Soaring demand from AI and digital workloads…
Bitdeer quadruples its mining capacity, aims to become one of the top five miners
Bitdeer Technologies Group, the Nasdaq-listed crypto mining firm founded by industry veteran Jihan Wu, is shifting its strategy from hardware supplier to major Bitcoin miner as demand for mining rigs…
Russia counts up to $120 million annually in missed crypto mining tax revenue
Russia’s state budget is losing a colossal sum of money in terms of uncollected taxes from illegal crypto mining operations in the country. The government in Moscow has been trying to bring the whole…
Bitcoin Miner IREN Jumps 9% After Securing New Multi-Year AI Cloud Contracts
IREN (IREN) shares continued to rally after announcing new multi-year AI cloud service contracts with leading AI companies for NVIDIA Blackwell GPU deployments. The company remains on track to…