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Browsing Category
Mining
Foundry, Antpool, and Viabtc Dominate Bitcoin Mining: Here’s Why
Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through scale, competitive fee models, and tailored…
M2 teams up with NiceHash to unlock liquidity for Bitcoin miners
Crypto miners can now leverage Bitcoin-backed loans through M2’s partnership with NiceHash. Abu Dhabi-based cryptocurrency exchange M2 has partnered with NiceHash, a cryptocurrency mining services…
Game Theory at Play? Speculation Grows Over US Military’s Bitcoin Mining Interest
In the wake of U.S. President Donald Trump’s establishment of a Strategic Bitcoin Reserve (SBR), speculation has emerged regarding potential Department of Defense (DoD) initiatives to engage in…
Is the US DoD about to start mining bitcoin? Crypto X thinks so
Earlier today, rumors circulated on social media of a covert bitcoin (BTC) mining operation at the US Department of Defense (DoD). Sparked by a claim from a worker at BTC ATM company Byte Federal and…
Bitcoin Miner from Wall Street HIVE Projects 317% BTC Production Capacity Growth
HIVE Digital Technologies (NASDAQ: HIVE) has completed the acquisition of Bitfarms Ltd.'s 200-megawatt Yguazú hydro-powered facility in Paraguay. The move will increase the company's mining capacity…
Bitcoin’s Hashrate Bounces Back: Miners Power Through Revenue Dip
Bitcoin’s hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to 819.65 EH/s, even as earnings took a notable hit in March. Earnings Drop,…
Bitcoin miner Bitfarms completes Stronghold acquisition, increases capacity to 623 MW
Bitcoin mining firm Bitfarms announced today it has completed its acquisition of Stronghold Digital Mining, securing a 1.1 gigawatt growth pipeline across three sites in Pennsylvania and expanding its…
Hive Digital Doubles Down on Paraguay Bitcoin Mining Expansion
“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives in Paraguay, a country that offers ample hydroelectric energy for the…
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Officials of Thailand’s Central Investigation Bureau (CIB) seized 63 illegal crypto mining machines on Friday, according to a report by The Nation. The illegal crypto mining rigs, worth around 2…
Bitcoin Miner IREN Upgraded to Overweight, Cipher Mining Cut to Neutral: JPMorgan
Wall Street bank JPMorgan (JPM) updated its bitcoin (BTC) miner price targets and estimates following fourth-quarter 2024 results and to account for changes in the bitcoin price and the network…