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Browsing Category
Mining
Malaysia police seize 41 cryptocurrency mining machines across three raids in Teluk Intan
Malaysian police conducted three raids tied to illegal cryptocurrency mining and seized 41 machines used for the activity. The police are working to trace the ownership of the machines confiscated in…
Nvidia CEO says demand for computing resources is ‘skyrocketing’
Nvidia CEO Jensen Huang said demand for computing resources is “skyrocketing” due to the rapid advancement of artificial intelligence models, calling it an “intense race” to the next frontier of the…
Canaan launches pilot converting Bitcoin mining heat to power greenhouse heating
Key Takeaways Canaan Inc. has initiated a 3MW pilot project in Manitoba, Canada.…
Trump could use Greenland for 10,000 EH/s Bitcoin mining hub from stranded energy if it becomes a…
Talk of the United States buying Greenland has returned to Washington, and miners are tracking the power projects on the island. The White House said a U.S. purchase of Greenland is an “active…
Nasdaq-listed miner BitFuFu expands Bitcoin treasury to 1,780 BTC
Key Takeaways BitFuFu increased its Bitcoin holdings to 1,780 BTC by the end of 2025. The company reduced its pledged Bitcoin balance, enhancing liquidity. Singapore-based Bitcoin miner BitFuFu…
Russian stakeholders expect reprieve from expansion of regional mining bans this year
Russia is not going to expand the geography of measures intended to curb cryptocurrency mining in the new year, having already banned the activity in a number of regions, according to industry…
Bitcoin Miners End 2025 in the Red, but Early 2026 Offers a Path Forward
After a lackluster November, bitcoin miners collected even slimmer proceeds in the final month of 2025, with revenue tallying roughly $1.21 billion—marking the year’s second-softest monthly showing.…
Bitcoin miners chase AI demand as Nvidia says Rubin is already in production
Nvidia CEO Jensen Huang said the company’s next-generation Vera Rubin platform is already in “full production,” unveiling fresh details at CES in Las Vegas about hardware that he says can deliver five…
Sigel makes raising AI capital look easy
Riot Platforms, a publicly traded Bitcoin mining company, sold nearly $200 million worth of Bitcoin in the last two months of 2025 to close the year with a balance of 18,005 BTC. Matthew Sigel, the…
Riot Platforms sells $161 million in Bitcoin, trimming its holdings to 18,005 BTC
Key Takeaways Riot Platforms sold 1,818 Bitcoin in December for around $161 million.…