The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies Ltd. (NASDAQ: HIVE), is significantly expanding its BTC production capabilities through a substantial order of…
What is Bitcoin mining? Bitcoin mining serves two main functions: securing transactions and introducing new Bitcoins into circulation. Miners use specialized hardware to solve complex cryptographic…
Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value. Global Bitcoin (BTC) mining firm HIVE…
Jack Dorsey's payment firm Block (SQ) plans a renewed focus on building equipment for bitcoin (BTC) miners and its self-custody crypto wallet, funded partly by giving up on creating a new…
Galaxy Digital signed a non-binding deal with a U.S.-based hyperscaler firm to turn all its 800 megawatts of mining capacity into hosting high-performance computers. The move comes as the Bitcoin…
The Federal Energy Regulatory Commission (FERC) stopped an Amazon AI data center from drawing more power from Talen Energy’s Susquehanna plant in Pennsylvania. The commission disapproved the proposed…
Hut 8 Corp., a Cryptocurrency Mining company and major energy operator in North America, announced the purchase of 31,145 BITMAIN Antminer S21+ units as part of its initial ASIC fleet upgrade. The…
Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2…
Bitmain’s cloud mining company BitFuFu revealed the state of Bitcoin mining in late 2024. After a record hashrate and difficulty, most miners now have to spend more than double the expenses to mine…
What is the true cost of producing one Bitcoin? A fresh report from Coinshares revealed some interesting findings, underscoring the rising mining difficulty and the potential impact on miners. Bitcoin…