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El Salvador’s Bitcoin holdings grow by 162 BTC with daily buys
23.8.2024
With each new Bitcoin purchase, the country’s financial future becomes increasingly tied to the fortunes of an unpredictable crypto market
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
23.8.2024
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger
21.8.2024
On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt. The deal, expected to close in the first quarter of 2025, aims to expand Bitfarms’ energy...
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held
Bitfarms acquires Stronghold Digital Mining in $125M deal
21.8.2024
As part of the acquisition, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share held
Cipher's Bitcoin Mining Business Remains Compelling, Canaccord Says
21.8.2024
The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said
7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia
21.8.2024
Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked...
Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid
20.8.2024
Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming industry. This partnership highlights Bit Digital’s strategic direction, which focuses on enhancing...
Bitcoin mining expenses surge 168% amid capacity growth
20.8.2024
BitFuFu expands its mining capacity by over 60% despite a dramatic rise in Bitcoin mining costs post-halving
Hash Ribbons signal end of miner capitulation: CryptoQuant
19.8.2024
On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing
Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck
18.8.2024
Bitcoin miners could increase profitability and improve "bad balance sheets" by allocating some of their energy capacity to the AI and HPC sectors, according to VanEck
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
16.8.2024
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil
Crypto Biz: Riot increases Bitfarms stake in takeover strategy
16.8.2024
This week’s Crypto Biz examines Bitdeer’s earnings boost, Hamster Kombat’s rejection of venture capital offers, Grayscale’s new crypto fund and a Solana exchange-traded fund in Brazil
Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says
16.8.2024
The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said
‘I expect to see no mention of Bitcoin’ — MARA CEO on Harris’ platform
16.8.2024
Depending on the November presidential election outcome, Fred Thiel said he would consider “looking outside the US” for Bitcoin mining firm MARA’s operations
Public miners raised $2.2B as cash flow crunch intensifies post-halving
15.8.2024
A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024
Making Bitcoin Mining Work in 2024: The Role of DeMi Token
15.8.2024
As the landscape of Bitcoin mining becomes increasingly competitive, the question of profitability takes center stage. With advancements in technology and shifts in the industry, it’s crucial to understand how Bitcoin mining remains viable today and how the DeMi Token is redefining access...
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
15.8.2024
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said
Iran is giving $24 to anyone who dobs in illegal crypto miners
15.8.2024
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid
Marathon Digital buys $249M Bitcoin, reserves reach 25K BTC
15.8.2024
Marathon’s latest 4,144 Bitcoin buy comes as boss Fred Thiel last month said it was adopting a “hodl strategy” for the cryptocurrency