Mining

HIVE Digital Sets Massive Growth Target

HIVE Digital Sets Massive Growth Target

HIVE Digital has the potential to achieve its goal of 4x hash rate expansion and $100 million in HPC revenue b...

Bitdeer Reports $531.9 Million Loss in Q4 Due to Heavy ASIC Investment, Targeting 40 EH/s Hashrate

Bitdeer Reports $531.9 Million Loss in Q4 Due to Heavy ASIC Investment, Targeting 40 EH/s Hashrate

Bitdeer Technologies Group, a Singapore-based blockchain company, reported a net loss of $531.9 million in Q4 ...

MARA Holdings Acquires Texas Wind Farm to Power Bitcoin Mining

MARA Holdings Acquires Texas Wind Farm to Power Bitcoin Mining

MARA Holdings Inc., one of the world’s largest Bitcoin mining companies, has just announced the acquisition of...

Russia faces huge losses from illegal cryptocurrency mining

Russia faces huge losses from illegal cryptocurrency mining

Russian power company Rosseti has reported losses of more than $14 million (1.3 billion rubles) in 2024 due to...

The Dominance of Financial Institutions in Bitcoin Mining

The Dominance of Financial Institutions in Bitcoin Mining

Bitcoin mining was once a playground for individuals and small businesses.

The Rise of Bitcoin Mining Power Brokers: 15 Financial Giants and Their Control

The Rise of Bitcoin Mining Power Brokers: 15 Financial Giants and Their Control

The Bitcoin (BTC) mining industry is undergoing a seismic shift as institutional investors increasingly take s...

Russia's Bitcoin Mining Ban Helps Ease Pressure on Siberia's Power Grid

Russia's Bitcoin Mining Ban Helps Ease Pressure on Siberia's Power Grid

The ban on Bitcoin mining imposed by the Russian government has had a positive impact on the Siberian region, ...

Bitdeer Acquires $21 Million Site for Bitcoin Mining Power Plant in Canada

Bitdeer Acquires $21 Million Site for Bitcoin Mining Power Plant in Canada

Bitcoin mining firm Bitdeer has acquired a 101-megawatt permitted site in Alberta for $21.7 million to build a...

Bitcoin Miner Cipher Secures $50 Million Investment From Softbank

Bitcoin Miner Cipher Secures $50 Million Investment From Softbank

Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp...