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Browsing Category
Mining
Canaan rises 4% after securing Bitcoin mining partnership with Luna Squares Texas
Crypto firm Canaan teamed up with a West Texas Bitcoin mining firm to boost its operations in Texas, expanding its North American footprint. Bitcoin (BTC) mining Canaan has entered into a joint mining…
10 Best Bitcoin Miners (Crypto Mining Rigs) in 2024
Bitcoin remains a dominant force in the cryptocurrency industry, accounting for roughly 50% of the entire market of all digital assets combined. It relies on a decentralized network of miners to…
Bitcoin Mining Economics Improved in the First Half of November: JPMorgan
The hashprice rose almost 30% in the first two weeks of the month as bitcoin mining profitability improved, the report said. The total market cap of the miners tracked by the bank surged 33%, or about…
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a…
Bitcoin mining protocol Prosper bags token funding from BIT Mining
Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming. Prosper, a decentralized protocol…
Hut 8 beats Q3 revenue expectations, increases revenue to $43.7m
Bitcoin mining firm Hut 8 reported third-quarter earnings that surpassed expectations, with revenue exceeding $43.7 million. Miami-headquartered crypto mining firm Hut 8 reported third-quarter…
BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels
As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256 hashrate reaching the highest peak in 152 days. Miner Earnings Rebound as…
Thai authorities bust Bitcoin mining rigs, charges two over $280k theft: report
Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have cracked down on illegal Bitcoin (BTC) mining operations, shutting down nine illicit…
This Bitcoin Miner from Wall Street Bets High on Bitcoin $90K ATH, Securing $100M Credit
Is Bitcoin's new all-time high (ATH) of $90,000 the right moment to secure a $100 million credit line? If you're a Bitcoin miner from Wall Street, the answer is definitely yes. This exact move was…
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy.…