China’s Cango Makes Bold Move into Bitcoin Mining
Cango enters Bitcoin mining, aiming for global leadership in the sector. Company diversifies through investments in various industries since 2010.…
Cleanspark Announces $550 Million Convertible Senior Note Offering
Cleanspark plans to issue $550 million in Convertible Senior Notes. The company will focus on share buybacks instead of increasing…
Deutsche Telekom and Bankhaus Metzler Launch a Bitcoin Mining Project Using Excess Energy
Deutsche Telekom and Bankhaus Metzler start a pilot project for Bitcoin mining. The initiative aims to utilize excess renewable energy…
Solo Miners Achieve Significant Profits in Bitcoin Mining
Solo miners can achieve significant profits in Bitcoin mining. Intense competition and limited rewards mark the mining landscape. Investors should…
Solo Bitcoin Miner Achieves $222,455 Profit
Solo Bitcoin miners can achieve substantial profits, though it's rare. Competition and limited blocks create an unpredictable mining environment. Investors…
Bitcoin Miners Increase Profitability and Diversify Services
Bitcoin hashrate is crucial for assessing network security. Miners adapt by exploring AI services and diversifying investments. Profitability projections indicate…
Russia Advances Regulation for the Cryptocurrency Mining Sector
Russia is progressing with regulations for the cryptocurrency mining industry. Taxation and cross-border payments were key discussion topics at the…
Marathon Digital Faces Challenges but Shows Potential for Recovery
Marathon Digital faces challenges but shows signs of potential recovery. Strategic AI investments may boost long-term growth for the company.…
Clover Pool Launches Under New Branding to Enhance Mining Operations
Clover Pool rebrands to enhance its mining operations and user experience. The company plans to launch a hardware trading platform…
Bitcoin Mining Facility Closure Drives Up Electricity Costs in Hadsel
The closure of the mining facility has raised local electricity prices significantly. Noranett raised prices to cover losses from its…
Bhutan Holds Over 13,000 Bitcoins, Revealing its Crypto Investment Strategy
Bhutan's Bitcoin reserve is valued at about $780 million. Druk Holdings oversees the country's Bitcoin mining activities. Bitdeer collaborates with…
Stokmarknes Residents Celebrate Closure of Noisy Bitcoin Mining Facility
Stokmarknes residents celebrate the closure of a noisy Bitcoin mining facility. Electricity bills are rising despite the alleviation of noise…
Bitcoin Mining Difficulty Reaches a New Peak
Bitcoin mining difficulty hit a new record of 92.67 trillion on September 11. This reflects a continuous rise in mining…
Bitcoin Miners Face Revenue Decline in August
Bitcoin miners' revenue dropped by 57% in August. Mining difficulty hit an all-time high of 89.47 trillion. Miners are exploring…
Independent Bitcoin Miner Wins Mining Reward
An independent Bitcoin miner won nearly $200,000 by processing a Bitcoin block. The miner used a hashrate of 456/PH, significantly…
BitFuFu Expands Mining Operations Despite Rising Bitcoin Mining Costs
BitFuFu reported a significant increase in Bitcoin mining costs. The company's mining capacity rose by over 60% to 24.7 EH/s.…
IMF Proposes New Tax on Electricity Used in Cryptocurrency Mining
IMF proposes an 85% increase in electricity prices for cryptocurrency mining. Global implementation is crucial to prevent miners from relocating…
Bernstein Evaluates Bitcoin Mining Companies
Bernstein rated Riot Platforms, CleanSpark, IREN, and Core Scientific as "outperform". Core Scientific and CleanSpark excel in realized hash rate.…
Argo Blockchain Repays $35 Million Loan to Galaxy Digital
Argo Blockchain repaid $35 million to Galaxy Digital, avoiding bankruptcy. Argo sold its Helios facility and refinanced its debt in…
Bitcoin Miners Face Unexpected Challenges in 2024
Bitcoin miners faced unexpected challenges in 2024. Bitfarms renewed equipment to remain profitable. Revenue decline shows halving effects starting to…
