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Mining
Russia to ban crypto mining across invaded Ukraine regions
Russian authorities have announced plans to ban crypto mining across occupied territories of Ukraine as the war between the two nations ticked over into its thousandth day. Russia’s Deputy Prime…
Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing…
Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what’s next for this Bitcoin…
Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K
Based on the most recent data using the seven-day simple moving average (SMA), bitcoin’s hashrate climbed to an unprecedented peak on Nov. 21, reaching 776 exahash per second (EH/s) for the very first…
From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business…
Bitcoin (BTC) Hashrate Skyrockets to Historic High: Details
Bitcoin has surpassed $99,000 in a historic milestone, with the network hash rate reaching an all-time high. Bitcoin's hashrate has achieved new highs, marking a significant milestone for the…
This Bitcoin Miner from Wall Street Bleeds Red Ink in Brutal Quarter
The publicly listed Bitcoin (BTC) miner from Wall Street and London’s City, Argo Blockchain (NASDAQ: ARBK, LSE: ARB) reported a net loss of $6.3 million in the third quarter as the cryptocurrency…
Miners Going Nuclear: A Symbiotic Synergy
Spurred by the recent Republican electoral trifecta earlier this month and the prospect of federal policy facilitating further and more widespread adoption, bitcoin notched a new all-time high above…
This Wall Street Bitcoin Miner Buys 11,500 New Rigs, While BTC Approaches $100,000
The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies (NASDAQ: HIVE) announced today (Thursday) a significant expansion of its BTC mining capabilities, ordering 5,000 new…
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
The rapid proliferation of AI data centers may have a positive impact on the bitcoin mining industry. AI data centers are just as hungry for cheap energy as miners are, so they reduce the number of…