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Pakistan Taps Surplus Power Capacity to Fuel Bitcoin Mining, AI Data Centers
26.5.2025
The country plans on utilizing surplus energy from coal-fired power plants that are currently operating at 15% capacity to mine bitcoin
New Initiative: Pakistan Allocates 2,000 MW for Bitcoin Mining and AI
26.5.2025
Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent...
Pakistan allocates 2,000MW power for Bitcoin mining and AI centers
25.5.2025
Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers.The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report...
Compass Mining, Synota Redirect Bitcoin Hashrate to Fund Energy and Healthcare Initiatives
23.5.2025
Compass Mining has partnered with Synota’s “Impact Mining” initiative to redirect a portion of bitcoin mining revenue toward subsidizing energy costs for healthcare and education projects in underserved Nigerian communities. Compass Mining’s Partnership Powers Solar Grids, Healthcare via Bitcoin...
Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining
23.5.2025
Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds.Republican state Representative Bill Schuette introduced House Bill 4510 on May 21, which would amend Michigan’s Public Employee...
Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining
23.5.2025
Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds.Republican state Representative Bill Schuette introduced House Bill 4510 on May 21, which would amend Michigan’s Public Employee...
Bitcoin Miner MARA Taps Two Prime to Unlock Value From 500-BTC Corporate Treasury
22.5.2025
MARA Holdings, Inc., the fifth-largest bitcoin mining pool by hashrate, has allocated 500 BTC to Two Prime’s managed yield strategies, expanding a partnership aimed at generating risk-adjusted returns from its corporate treasury. Two Prime, MARA Deepen Bitcoin Yield Strategy Collaboration MARA...
Behind-the-Meter Bitcoin Mining: Sangha Renewables Breaks Ground on 20 MW Texas Site
22.5.2025
Sangha Renewables is turning West Texas sunshine into bitcoin, breaking ground on a 20 MW mining facility powered by solar energy—and nearly hitting its $17 million equity target with $14 million already secured. Texas Solar Farm to Generate Bitcoin via Sangha’s 20 MW Mining Operation Sangha...
Bitcoin Mining Startup Sangha Sees $42M Revenue as It Breaks Ground on West Texas Pilot Project
21.5.2025
The firm expects its 19.9 MW bitcoin mine to be running by the end of July
Bitcoin Mining Profitability Fell in April as Network Hashrate Rose: Jefferies
21.5.2025
U.S.-listed miners also produced fewer bitcoin last month than in March
Bitmine Launches Bitcoin Treasury Advisory Practice With $4 Million Strategic Transaction
20.5.2025
Bitmine Immersion Technologies, Inc. (OTCQX: BMNRD) has announced the launch of its Bitcoin Treasury Advisory Practice, coinciding with a $4 million strategic transaction with a U.S. exchange-listed company. The company will provide “Mining as a Service” (MaaS) to its strategic partner...
Bitcoin Network Hashrate Rose Slightly in First Two Weeks of May: JPMorgan
19.5.2025
Mining gross margins expanded sequentially this month, which is encouraging, the bank said
The Bull Case for Galaxy Digital is AI Data Centers Not Bitcoin Mining, Research Firm Says
19.5.2025
Rittenhouse Research, a new firm covering fintech, AI, and crypto, is giving GLXY a strong buy rating because of its BTC mining to AI transition
Canadian Bitcoin Miner POW.RE to Acquire Swiss Firm Block Green
19.5.2025
Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a deal combining equity, bitcoin, and cash. POW.RE and Block Green Merge to Combine Mining and Financial Services The acquisition, pending a definitive agreement within...
Bitcoin Mining Stocks Continue Rally as Applied Digital Leads Friday’s Gains
17.5.2025
Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility Breeds Opportunity Applied Digital posted the largest single-day gain among bitcoin miner-exposed equities, climbing more than 22% to close...
Bitcoin Mining Just Got Tougher as Difficulty Spikes and Hashrate Slips
17.5.2025
On Saturday, at block height 897,120, Bitcoin’s mining difficulty increased by 2.13%, reaching 121.66 trillion and marginally raising the computational challenge required to uncover new blocks. Bitcoin Mining Difficulty Climbs Past 121 Trillion Miners now face slightly steeper odds in their efforts...
Paraguay deports three undocumented immigrants after crypto mining theft attempt
17.5.2025
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon...
Paraguay deports three undocumented immigrants after crypto mining theft attempt
17.5.2025
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon...
Paraguay deports three undocumented immigrants after crypto mining theft attempt
17.5.2025
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam.According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon...
Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
16.5.2025
Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways