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Riot Platforms posts Q1 loss, beats revenue estimates
2.5.2025
Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...
Riot Platforms posts Q1 loss, beats revenue estimates
2.5.2025
Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...
Bitcoin Miner Compass Energizes First Phase of 30 MW Iowa Data Center
29.4.2025
Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa Project The initial 8-megawatt (MW) phase of the 30 MW project is now online, with construction...
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
29.4.2025
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global...
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
29.4.2025
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global...
Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares
28.4.2025
Bitcoin (BTC) miners' first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday."Q2 results may show deterioration, as tariffs...
Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues
17.4.2025
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through...
HPC Gold Rush Continues: Bitcoin Miner Bit Digital Secures Québec Site for Tier 3 Data Center
13.4.2025
Bit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center supporting its 5MW colocation contract with artificial intelligence (AI) infrastructure firm Cerebras Systems. Cerebras, Bit Digital Partner on Tier 3 Data...
Trump tariffs could lower Bitcoin miner prices outside US, says mining exec
9.4.2025
The Trump administration’s sweeping tariffs could collapse US demand for Bitcoin mining rigs, which would benefit mining operations outside the country as manufacturers will look outside the US to sell their surplus inventory for cheaper, says Hashlabs Mining CEO Jaran Mellerud.“As...
Hive’s Frank Holmes on Expanding Bitcoin Mining in Paraguay
8.4.2025
The company’s chairman, a speaker at this year’s Consensus festival, looks at what's next for the mining industry
Bitcoin miner Bitfarms secures up to $300M loan from Macquarie
2.4.2025
Bitfarms, a global computer infrastructure company known for its Bitcoin mining operations, has entered into a $300 million loan agreement with Macquarie Group to finance the development of its high-performance computing (HPC) data centers.According to an April 2 announcement, Macquarie’s...
Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says
1.4.2025
The broker has a buy rating on the shares with a $23 price target
Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC
29.3.2025
The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions
Auradine Debuts US-Engineered Hydro-Cooled Bitcoin Miner With 600TH/s Output
25.3.2025
U.S.-based application-specific integrated circuit (ASIC) manufacturer Auradine has launched the Teraflux AH3880, a hydro-cooled bitcoin miner engineered in the U.S. to improve energy efficiency, reduce operational costs, and mitigate supply chain risks. Teraflux AH3880 Hydro-Cooled Miner Targets...
Bitcoin Miner Bitfarms Completes Acquisition of Stronghold Digital Mining
17.3.2025
Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy capabilities. The deal strengthens Bitfarms’ position in the PJM market and advances its high-performance computing (HPC) and artificial intelligence (AI)...
Bitcoin Miner IREN Upgraded to Overweight, Cipher Mining Cut to Neutral: JPMorgan
13.3.2025
Bitcoin Miner IREN Upgraded to Overweight, Cipher Mining Cut to Neutral: JPMorgan
Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months
12.3.2025
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop
Lone Bitcoin miner wins block using tiny, cheap rig — ‘1 in a million chance’
12.3.2025
A solo Bitcoin miner using a relatively cheap, pocket-sized crypto mining rig has solved one of the blockchain’s blocks and earned the full $263,000 reward.The miner became the 297th solo miner to mine a Bitcoin block from the solo.ckpool Bitcoin (BTC) mining pool, its developer, Con Kolivas...
Lone Bitcoin miner wins block using tiny, cheap rig — ‘1 in a million chance’
12.3.2025
A solo Bitcoin miner using a relatively cheap, pocket-sized crypto mining rig has solved one of the blockchain’s blocks and earned the full $263,000 reward.The miner became the 297th solo miner to mine a Bitcoin block from the solo.ckpool Bitcoin (BTC) mining pool, its developer, Con Kolivas...
Lone Bitcoin miner wins block using tiny, cheap rig — ‘1 in a million chance’
12.3.2025
A solo Bitcoin miner using a relatively cheap, pocket-sized crypto mining rig has solved one of the blockchain’s blocks and earned the full $263,000 reward.The miner became the 297th solo miner to mine a Bitcoin block from the solo.ckpool Bitcoin (BTC) mining pool, its developer, Con Kolivas...