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Bitcoin miner Riot Platforms trims Q2 loss to $27.7M
10.8.2023
The firm managed to narrow net loss in the quarter as it ramped up Bitcoin production
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry
9.8.2023
Riot reported its second-quarter earnings after the close on Wednesday
Marathon Digital Q2 results miss revenue and earnings forecasts
9.8.2023
Despite the earnings miss, Marathon's CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023
Bitmain, Anchorage Expected to Take Equity in Bitcoin Miner Core Scientific as Part of Bankruptcy Plan
8.8.2023
The world's largest machine maker is set to take a $54 million stake in Core Scientific as the miner emerges out of Chapter 11 proceedings
Marathon Digital Solidifies Position as World's Largest Publicly Traded Bitcoin Miner
3.8.2023
Marathon continues to pull away from the former leader, Core Scientific
Bitcoin Miner Genesis Digital Assets Opens 3 New Data Centers in South Carolina
2.8.2023
Genesis Digital Assets (GDA), one of the world’s largest bitcoin mining companies, has opened three new data centers in the western region of South Carolina. The facilities represent GDA’s continued expansion in the United States, where its data centers now account for over 2%...
Innovative Heating Solutions: Bitcoin Miners Turning Heat Into Satoshis
24.7.2023
In recent years, bitcoin miners have learned to reuse the heat generated by application-specific integrated circuit (ASIC) mining rigs. Recently, a Twitter account named “Rev.Hodl” demonstrated how a bitcoin miner was employed to dry laundry. While the clothes dryer serves to...
Bitcoin Network’s High Difficulty Levels Poised to Ease Amid Longer Block Intervals
24.7.2023
Upon achieving an unprecedented all-time high on July 11, 2023, soaring to a staggering 53.91 trillion, Bitcoin’s difficulty is poised to decline by an estimated range of 3.9% to 4.04% come July 26, 2023. Block generation periods have been lagging behind their typical ten-minute average...
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...
Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
19.7.2023
The company will be able to add up to 150 megawatts of energy capacity through the two agreements
Crypto Miner Argo Blockchain Raises $7.5M in Share Sale; Stock Slumps
19.7.2023
Proceeds from the private placing and public sale will be used to pay down debt
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI
13.7.2023
Hive made the rebrand to reflect its “evolving focus” on revenue opportunities in AI, cloud commuting and GPUs
Bitcoin mining difficulty hits all-time high as BTC miner selling peaks
12.7.2023
In recent weeks BTC miners sent a record amount of Bitcoin to exchanges right as the network’s difficulty metric hit a new all-time high
Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year
11.7.2023
Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash...
Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards
7.7.2023
As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to...
Heating a home with a Bitcoin miner: Staying warm with sats
5.7.2023
The heat generated from Bitcoin mining could make mining at home more accessible, affordable and environmentally friendly
Applied Digital Stock Surges 12% After Announcing Its Third AI Deal
30.6.2023
Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
30.6.2023
Hive wants to provide enterprise AI training in its fleet of GPUs
Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
27.6.2023
Coinbase has offered to lend $50 million to Hut 8, one of the world’s largest publicly traded Bitcoin (BTC) mining firms, the latter firm said in a press release....
Read More: Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
26.6.2023
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC