Cleanspark Expands Bitcoin Mining Operations by Acquiring 7 Tennessee Facilities
Cleanspark Inc. has unveiled plans to acquire seven bitcoin mining facilities in Knoxville, Tennessee. The $27.5 million deal is expected...
Mining
Cleanspark’s $27.5M expansion to boost Bitcoin mining power by 22%
CleanSpark is set to acquire seven Bitcoin mining sites in Tennessee, along with associated properties, for $27.5 million, according to...
Compass Mining Energizes 3,000 Bitcoin Mining Rigs at Iowa Facility
Compass Mining has powered up 3,000 bitcoin mining machines at its newly partnered hosting facility in Iowa. The company also...
Russia mined over $3 billion in Bitcoin last year, boosting tax revenue amid sanctions
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade Adoption 1 month agoThe bill, which was first...
Bitcoin Miner Iris Energy Increases Mining Output by 10%
Iris Energy has reported a 10% increase in bitcoin production during August 2024, with the company mining 245 bitcoin. The...
Marathon Digital hints at AI pivot following Bitcoin production slowdown in August
Marathon Digital is showing interest in artificial intelligence (AI) as its Bitcoin production slowed in August.On Sept. 5, the BTC...
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023....
What makes DeMi Token the best choice for crypto mining?
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›What makes...
Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity....
Solo Bitcoin miner earns $200,000 reward amid growing centralization concerns
A solo Bitcoin miner has independently solved a BTC block to earn a reward of 3.275 BTC, roughly equivalent to...
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to...
Thailand authorities raid illegal mining operation west of Bangkok
Thailand authorities raided an illegal Bitcoin (BTC) mining operation in Ratchaburi, a town west of Bangkok on Friday, the South...
Bitcoin’s Last Difficulty Drop Likely to Be Erased in 3 Days
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July....
Greenidge Generation battles New York agency over Dresden power plant permit
Bitcoin miner Greenidge Generation has filed a lawsuit against the New York Department of Environmental Conservation (DEC) over licensing issues.According...
Kaspa and Alephium Mining Gain Traction as Bitcoin’s Hashprice Remains Low
While Bitcoin is widely recognized as a proof-of-work (PoW) network, it’s not necessarily the most profitable PoW asset to mine....
Bitfarms to acquire Stronghold Digital Mining in $175M merger
Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in...
Hashrate Climbs 25 EH/s in 8 Days as Bitcoin Miners Adjust to Network Difficulty Reduction
While Bitcoin’s hashprice has been languishing below $44 per petahash per second (PH/s) each day, the network’s hashrate is beginning...
Bitcoin mining is in peril, but Trump can save it by keeping this campaign promise
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain.Bitcoin miner centralization threatens Bitcoin, but former President...
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked...
Riot increases Bitfarms ownership stake following board member removal
Riot Platforms has announced an increase in its ownership stake in Bitfarms Ltd. to 18.9%, intensifying its influence over the...
Cleanspark Secures 26,000 Bitmain Immersion Miners in $167.7M Deal
Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s...
Conditions now primed for Marathon Digital’s $250 million Bitcoin treasury strategy
Marathon Digital Holdings, Inc. has announced a proposed private offering of $250 million in convertible senior notes, with the proceeds...
