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Bitfarms forced to stop ‘poison pill’ strat amid Riot takeover attempt
25.7.2024
The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm
Tiny 500Gh home Bitcoin mining device produced a block, earning over $200K BTC
24.7.2024
The device, called a ‘Bitaxe,’ successfully mined a block even though its chances were only 1 out of 1 billion every ten minutes
Tiny 500Gh home Bitcoin mining device produced a block, earning over $200K BTC
24.7.2024
The device, called a ‘Bitaxe,’ successfully mined a block even though its chances were only 1 out of 1 billion every ten minutes
Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center
24.7.2024
Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT) and an amended connection agreement with American Electric Power (AEP). Iris...
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
24.7.2024
Riot will have the second-largest capacity among U.S. listed bitcoin miners following the acquisition, and the deal serves as the latest evaluation of underdeveloped power assets, the report said
Iris Energy Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord
24.7.2024
The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
24.7.2024
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more...
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
Riot subsidiary Whinstone US sues former JV partner over revenue flow
23.7.2024
The partners at the Texas facility had troubled relations almost from their start in 2020
Senator Cynthia Lummis releases report attacking Biden’s mining tax
23.7.2024
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers
Senator Cynthia Lummis releases report attacking Biden’s mining tax
23.7.2024
The pro-crypto senator claimed that Bitcoin mining consumes as much energy as household appliances such as tumble dryers
Marathon Digital fined $138M for non-circumvention agreement breach
23.7.2024
Marathon Digital has been fined $138M for breaching a non-disclosure, non-circumvention agreement with former executive Michael Ho
Swan Bitcoin delays IPO plan, announces shutdown of mining unit
22.7.2024
The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit
22.7.2024
Infinity Hash: Innovating Passive Income With Bitcoin Mining
22.7.2024
Bitcoin Mining Today: Challenges and Investment Choices Despite renewed interest in Bitcoin mining investments, substantial barriers still limit accessibility for the average person. High electricity costs, combined with capital and knowledge requirements can make it challenging to obtain a profit....
Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark
22.7.2024
The broker raised its price target for the bitcoin miner to $16 from $13 while reiterating its buy rating on the stock
Excessive Greed: More Bitcoin Mining Companies Are Abandoning Paraguay for Brazil
22.7.2024
The recent power hikes that ANDE has enacted for Bitcoin mining companies are already impacting their operations in Paraguay. According to recent reports, the Penguin Group, a cryptocurrency mining operator, has already signed a contract to secure 400MW of energy in Brazil. This could be...
TSMC becomes first Asian company to reach $1T as AI demand surges
20.7.2024
The company is now worth more than Broadcom and closing in on Meta
Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
19.7.2024
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more
Bitcoin Mining Is So Back (Except It's AI Now)
18.7.2024
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices