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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…
Bitfarms Shares Increase After Positive Earnings Report
Bitfarms shares rose by 22% after positive earnings report. Company reported a smaller loss than expected for the second quarter.…
Putin Signs New Law on Cryptocurrency Mining
Putin approved a law for cryptocurrency mining. BTC price exceeded $58,000 during this period. BTC's market cap rose to $1.142…
Marathon Digital Reports Lower Earnings and Faces Stock Decline
Marathon Digital's shares dropped 8% after reporting lower-than-expected earnings. Marathon sold 51% of its Bitcoin to cover operational expenses. Riot…
Marathon Digital Faces $138 Million Fine for Contract Breach
Marathon Digital fined $138 million for contract breach. Michael Ho won the lawsuit against Marathon Digital. Marathon Digital remains the…
Illegal Crypto Mining in Malaysia Harms Energy Sector
Illegal crypto mining in Malaysia damages the energy sector and communities. Authorities use techniques to detect abnormal energy consumption patterns.…
CleanSpark Increases Bitcoin Production and Surpasses Hash Rate Target
CleanSpark increased Bitcoin production by 6.7% in June. Company surpassed its mid-year hash rate target of 20 EH/s. CleanSpark announced…
CleanSpark Announces Merger with GRIID Infrastructure
CleanSpark merged with GRIID Infrastructure in a $155 million deal. The merger will add over 400 megawatts of power to…
Marathon Digital Expands into Altcoin Mining
Marathon Digital expands into altcoin mining to diversify revenue streams. Marathon purchased 60 PH/s Antminer KS3, KS5, and KS5 Pro…
