US Officials Address Iran’s Crypto Concerns
US legislators express concerns over Iran's crypto use. Iran allegedly uses crypto to bypass sanctions and fund threats. Immediate action…
SEC Charges Texas Crypto Firm Geosyn in $5.6 Million Fraud Case
SEC accuses Geosyn and founders of defrauding investors. Allegedly, no mining machines were bought for previous investors. Founders misused $1.2…
Block Announces Development of a New Bitcoin Mining System
Block reveals plans for a Bitcoin mining system in response to challenges. CEO Jack Dorsey aims to decentralize Bitcoin mining…
Jack Dorsey Announces Advanced 3nm Bitcoin Mining Chip
Jack Dorsey introduces a groundbreaking 3nm Bitcoin mining chip. Designed with a leading global semiconductor foundry. Targets decentralized mining and…
Angola Bans Cryptocurrency Mining to Protect National Energy Supply
Angola's cryptocurrency mining ban draws global attention. The ban aims to protect the strained national power grid. Heavy penalties include…
Exploring the Impact of Bitcoin Halving on Mining Costs and AI Shifts
Bitcoin halving excites the crypto world, rewards to halve soon. CoinShares report updates on mining risks and opportunities. AI integration…
Exploring the Next Wave of Bitcoin Mining Strategies
Industry leaders discuss future Bitcoin mining and expansion strategies. Bitcoin's fourth halving event heats up discussions on unused potential. Experts…
Arkansas Advances Legislation to Restrict Crypto Mining
Arkansas State Assembly passes two bills potentially limiting crypto mining. Discussions continue on the extent and details of these legislative…
Swedish Crypto Miners Face Massive Tax Debts After Investigation
Swedish crypto miners owe over $90 million in taxes. Investigation reveals misuse of tax incentives by 18 firms. Some avoided…
Paraguay Faces Economic Impact with Proposed Bitcoin Mining Ban
Bitcoin mining in Paraguay faces potential legal restrictions. Proposed ban could cost Paraguay's economy over $200 million annually. Regulatory clarity…
Bitcoin Mining Sector Shows Resilience and Adaptation
Bitcoin miners faced numerous bankruptcies during the 2022 crypto winter. Hut8 CEO Asher Genoot is optimistic about fewer bankruptcies ahead.…
Bitfarms Gears Up for Bitcoin Halving with Major Miner Purchase
Bitfarms buys 87,796 new miners to boost efficiency. Company shares expansion plans and roadmap for the year. Bitcoin price fluctuations…
Giga Energy Expands Bitcoin Mining Using Flared Gas in Argentina
Giga Energy taps wasted flare gas for Bitcoin mining in Argentina. Since December, their test facility mined Bitcoin worth $200,000-$250,000.…
Corporate Investments in Bitcoin Mining Challenge Small-Scale Miners
Corporate capital investments disadvantage individual and small miners. Report highlights shift from decentralized vision to profit-focused strategies. Concerns rise over…
Countdown to the 2024 Bitcoin Halving: What to Expect
Bitcoin halving countdown shows 32 days and 48 minutes remaining. Investors anticipate price increase post-halving, based on historical trends. Halving…
Bit Digital Reports Significant Revenue Growth in 2023
Bit Digital's revenue rose 39% to $44.9 million in 2023. The company acquired 1,507.3 BTC, a 21% increase from the…
Marathon Digital Acquires Texas Bitcoin Mining Facility for $87.3 Million
Marathon Digital Holdings buys a 200 MW Bitcoin mining site. Acquisition to boost total mining capacity to approximately 1.1 gigawatts.…
Marathon Digital Acquires Texas Bitcoin Mining Facility for $87.3 Million
Marathon Digital Holdings announces purchase of a 200 MW mining facility. Acquisition to boost total mining capacity to approximately 1.1…
Bitcoin Miners Begin Liquidation as Halving Approaches
Bitcoin miners start liquidating assets as the fourth halving nears. Despite sales, Bitcoin's fundamental momentum remains strong. Analysts remain optimistic…
Bitcoin Experiences a Sharp Correction as Miners’ Revenues Hit Record Levels
Bitcoin corrected by over 3.5%, dropping to $68,620. Miners' revenues soared to $78.89 million on March 11. Bitcoin's hash rate…