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Mining
Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future…
Riot Platforms’ VP of Research, Pierre Rochard, yesterday testified before the Texas Senate Committee on Business and Commerce in support of Senate Bill 21, which would establish a state Bitcoin…
U.S.-Listed Bitcoin Miners Accounted for 29% of Global Hashrate in February: JPMorgan
The total hashrate of the U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) has almost doubled from a year ago and now accounts for about 29% of the global network, the bank said in a report…
Bitcoin mining has added over $4 billion to the US economy
Economic research firm Perryman Group has revealed that Bitcoin mining has contributed more than $4 billion to the US gross domestic product (GDP) in 2024. The firm disclosed this in its new report,…
MARA Holdings Closes Deal for Texas Wind Farm
The second-largest publicly traded corporate bitcoin holder, MARA Holdings (MARA), has announced the completion of the acquisition of a wind farm in Texas, adding 114 megawatts of nameplate wind…
U.S.-Listed Bitcoin Miners Are Growing Their Share of the Network Hashrate: Bernstein
Bitcoin (BTC) miners listed in the U.S. are growing their share of the network hashrate, broker Bernstein said in a report Monday. The hashrate refers to the total combined computational power used to…
KYC is (Becoming) a Key Legal Requirement for Mining Pool Providers
KYC (Know Your Customer) is increasingly becoming an essential legal requirement for mining pool providers. Although this concept is relatively new to the mining industry and raises questions within a…
Arkreen Brings Green DePIN to Pakistan with First CSP Plant Miner
Arkreen aims to introduce a transition to bring clean energy to Pakistan, launching the first Concentrated Solar Power (CSP) Plant Miner in the country. This initiative is part of the platform’s…
Bitdeer’s Bitcoin Holdings Rise to 833 BTC
Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on Feb. 14, excludes…
Wall Street BTC Miner HIVE Posts $29.2M Revenue as Bitcoin Holdings Top $260M
The publicly listed Wall Street Bitcoin (BTC) miner HIVE Digital Technologies (NASDAQ: HIVE) reported fourth-quarter revenue of $29.2 million and adjusted EBITDA of $17.3 million. While the numbers…
Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion
Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107…