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Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility
7.11.2023
Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its business to sell power to the market and develop...
Bitcoin Mining Revenue Soared in October, Securing Second-Highest Monthly Earnings of 2023
4.11.2023
In October, the landscape of bitcoin mining revenue brightened, climbing by $131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip in the earnings from fees, which saw a $5.44 million decrease from...
English school turned BTC miner in China expands capacity with 220 new units
3.11.2023
BTC Digital used to be a chain of English schools based in Shenzhen. Now it has mining farms in Pennsylvania and Tennessee
Bitcoin Miner Marathon Tests BTC Mining With Methane Gas From Waste Landfill
2.11.2023
The 280 Kilowatt (kW) pilot project in Utah is already operational
Tether issues $610M debt financing to Bitcoin miner Northern Data
2.11.2023
In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives
Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner
1.11.2023
America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...
Lucky Solo Miner With 11 PH/s Bags Bitcoin Block Reward Amid Giant Pools
30.10.2023
Recent insights reveal that a solo miner successfully mined block 814,308 employing a mere 11 petahash per second (PH/s) of mining power. This feat was achieved through Solo Ckpool, a service for solo miners endowed with lower hashrates or older, less efficient hardware. Solo Miner Finds Another...
Kaspersky Unveils Powerful Malware Posing as Crypto Miner Infecting Over 1 Million Computers
27.10.2023
Global cybersecurity and digital privacy firm Kaspersky’s researchers have discovered highly sophisticated malware affecting over a million victims since 2017. The malware – “StripedFly” – initially masqueraded as a cryptocurrency miner and was later found to be...
Crypto Miner Marathon Digital Plans to Raise $750 Million Through Hybrid Equity Offering
27.10.2023
Crypto mining company Marathon Digital has unveiled plans to raise as much as $750 million through a hybrid equity offering. In a recent filing submitted to the US Securities and Exchange Commission, the company said it plans to use the funds generated from this sale to invest in state-of-the-art...
Bitmain’s Latest Air-Cooled Antminer Set for Q1 2024 Shipping
27.10.2023
Bitcoin mining firm Bitmain has formally launched the Antminer T21, a new air-cooled Bitcoin miner. The company made the announcement today, October 26, on X. The Antminer T21 is the company’s new air-cooling miner, which can tolerate temperatures as high as 45 degrees Celsius. The new mining...
Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
26.10.2023
Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH
Bitmain Unveils New T21 Bitcoin Miner; Offers BTC Fluctuation Protection Plan
25.10.2023
On Wednesday, the bitcoin mining rig manufacturer Bitmain announced the introduction of a new air-cooled BTC miner, the T21 Antminer. The new device boasts a production capacity of up to 190 terahash per second (TH/s) and maintains an efficiency ratio of approximately 19 joules per terahash (J/T)....
Bitcoin Retreats From $35K; Miner Selling Pressure May Cap Prices, Crypto Hedge Fund Says
25.10.2023
BTC could run towards $40,000-$45,000 after consolidating around current prices, Capriole Investments said
Bitmain to Support Aleo’s PoW Blockchain With Latest Antminer Release
23.10.2023
Crypto mining rig manufacturer Bitmain plans to release a new Antminer supporting the proof-of-work (PoW) blockchain network Aleo. The announcement comes after Bitmain’s recent launches of filecoin and kaspa machines and the company’s latest series of bitcoin miners. Aleo’s...
Bitcoin Miner Bit Digital Diversifies Into AI for 'Substantially Higher Margin' Than Mining
23.10.2023
The firm is looking for a "reliable income stream ... that is uncorrelated to bitcoin prices."
Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital
18.10.2023
The miner is adding Fidelity to diversify its bitcoin (BTC) custody
Bitcoin mining without mining equipment, CGMD miner opens contract trading
13.10.2023
CGMD miner is a revolutionary Bitcoin cloud mining project that started in 2020. Recently, it achieved a major milestone in the course of its cloud mining project by raising $50 million from interested investors. There is no sign that the project will rest on its laurels. The entire concept assumes...
Bitcoin Miner Hut 8 Halts BTC Sales, Remain Bullish on Price Ahead of Halving
11.10.2023
Bitcoin (BTC) miner Hut 8 produced 111 BTC in September without any sales to fund its operations as it prepares for the next halving.
The firm released its mining and production update for September with its capacity, growth, added investment, and partnerships.
Per the release, the miner holds...
Hut 8 boosts self-mined Bitcoin reserves to 9.4K amid USBTC merger
10.10.2023
According to Hut 8 CEO Jaime Leverton, the new merged mining business will have “highly diversified fiat revenue streams.”
Blocknative Reduces Headcount by Third, After Suspending Work on Relay Project
9.10.2023
The company completed a restructuring in the wake of its decision to exit services related to its MEV-Boost Relay, a type of software used by Ethereum network validators