Hashrate Hits Record High as Bitcoin Price Boosts Mining Profitability
Bitcoin’s hashrate has been steadily increasing, with the network adding 40 exahashes per second (EH/s) over t...
mining
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 Inc., one of the world’s largest Bitcoin mining companies, has just announced the acquisition of...
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
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 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
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
Bitcoin mining firm Bitdeer has acquired a 101-megawatt permitted site in Alberta for $21.7 million to build a...
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