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Bitcoin Miner Ionic Digital Hires CFO to Shepherd IPO
11.7.2024
Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil
11.7.2024
Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a significant expansion of its operations. The two-phase project, set to launch its initial 20 MW phase in September 2024, will operate on natural gas with an uptime of 96%....
Marathon site manager ducks Texas noise charges amid resident complaints
11.7.2024
David Fischer, manager of a Texas site for Marathon Digital, was acquitted on charges alleging the site violated local noise ordinances
Trump to Address Bitcoin 2024 Conference in Nashville
11.7.2024
According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin (BTC) and the Republican party’s inclusion...
As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in
10.7.2024
After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry participants
Block & Core Scientific Announce Landmark Bitcoin Mining Deal
10.7.2024
Block (formerly Square) and Core Scientific have announced a new partnership for Bitcoin Mining. This collaboration centers around the supply of Block’s new 3-nanometer mining ASICs, developed by their Proto team, to Core Scientific. The duo strikes one of the largest Bitcoin mining deals...
Jack Dorsey’s Block to supply 3nm mining ASICs to Core Scientific
10.7.2024
Block has secured its first sale of newly developed mining chips, co-designed with ePIC Blockchain Technologies and Core Scientific’s collaboration
Bitcoin mining to boost UK’s renewable energy grid
10.7.2024
A UK-based Bitcoin organization is advocating to the new Labour government to implement a Bitcoin mining-based strategy to combat a growing problem of local electricity demand
Clandestine Bitcoin Mining Survives Government Ban in Venezuela, Albeit at Small Scale
10.7.2024
According to local reports, clandestine bitcoin mining is thriving again in Venezuela, albeit at a small scale after the government ordered to disconnect all Bitcoin mining operations from the power grid. Local ASIC stores are still selling miners for small operations, that survive by hiding their...
Bitcoin Miners Are Attractive Partners to Build Artificial Intelligence Data Centers: Bernstein
10.7.2024
The broker initiated coverage on miners Iren Energy and Corz Scientific with outperform ratings
Mining company TeraWulf pays off outstanding debt early
9.7.2024
The payment will allow the company to focus on scaling operations rather than keeping up with debt obligations in the post-halving environment
Bitcoin Miner Hut 8 Secures 205 MW Power Agreement in Texas
9.7.2024
Bitcoin miner Hut 8 Corp. has entered into a definitive power purchase agreement for a site in West Texas. The agreement provides Hut 8 with 205 megawatts of power capacity, marking the first conversion from its 1,100 megawatts development pipeline. Hut 8 Finalizes 205 MW Power Purchase Agreement...
Hut 8 expands mining operations with power deal in West Texas
9.7.2024
Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity
GoMining Unwrapped: How Mining BTC with NFTs Works
9.7.2024
Since the good old days when anyone could successfully mine Bitcoin on their PCs are long gone, the entire industry has undergone a significant transformation. Growing competition from larger mining entities has gradually made individual mining more challenging, even for those who managed to stay...
Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says
9.7.2024
Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted
Riot Platforms Proposes Comprehensive Plan to Improve Bitfarms
9.7.2024
Riot Platforms Inc. (Nasdaq: RIOT) has proposed a comprehensive plan to improve Bitfarms Ltd. (Nasdaq: BITF) and has launched a website to detail this strategy. As part of its efforts to acquire Bitfarms, Riot has called for a special shareholders’ meeting to nominate three new directors:...
Bitfarms Leadership Change: Ben Gagnon Named CEO
9.7.2024
Bitfarms Ltd. (Nasdaq: BITF), a global bitcoin mining company, has appointed Ben Gagnon as chief executive officer, effective immediately. Gagnon, previously chief mining officer, has significantly contributed to Bitfarms’ growth over the past five years, the company said. Chairman Nicolas...
Core Scientific trades debt for equity, reduces $260M debt load
8.7.2024
Core Scientific’s stock performance triggers mandatory conversion of $260 million in secured convertible notes due in 2029
2024 Republican Platform Defends Bitcoin Mining and the Right to Self-Custody Crypto
8.7.2024
The Republican Party has integrated cryptocurrency issues into its 2024 platform titled “Make America Great Again.” The document outlines the party’s intention to “end Democrats’ unlawful and unAmerican crypto crackdown” on law-abiding citizens. Republican Party...
Bitfarms announces new CEO, Riot launches campaign as corporate dispute escalates
8.7.2024
The corporate battle for control of Bitfarms continues to evolve as the company appoints a new CEO while its board continues to be contested by Riot Platforms