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Mining
Kaixin plans crypto mining expansion amid Bitcoin’s new all-time high
Chinese electric vehicle manufacturer Kaixin is looking for a strategic shift with plans to acquire a controlling stake in a Middle Eastern cryptocurrency mining operation. The announcement depicts a…
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Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban…
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Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a…
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Bitcoin mining protocol Prosper bags token funding from BIT Mining
Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming. Prosper, a decentralized protocol…
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Thai authorities bust Bitcoin mining rigs, charges two over $280k theft: report
Thailand charges two for stealing over $280,000 in electricity for illegal Bitcoin mining. Thai authorities have cracked down on illegal Bitcoin (BTC) mining operations, shutting down nine illicit…
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BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels
As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256 hashrate reaching the highest peak in 152 days. Miner Earnings Rebound as…
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Hut 8 beats Q3 revenue expectations, increases revenue to $43.7m
Bitcoin mining firm Hut 8 reported third-quarter earnings that surpassed expectations, with revenue exceeding $43.7 million. Miami-headquartered crypto mining firm Hut 8 reported third-quarter…
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This Bitcoin Miner from Wall Street Bets High on Bitcoin $90K ATH, Securing $100M Credit
Is Bitcoin's new all-time high (ATH) of $90,000 the right moment to secure a $100 million credit line? If you're a Bitcoin miner from Wall Street, the answer is definitely yes. This exact move was…
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This Wall Street Bitcoin Miner Orders 6,500 Canaan Machines in $100M Paraguay Push
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…
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German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy.…
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