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BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue
22.10.2024
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120 megawatts (MW), pushing the total contracted capacity to around 500 MW. Core Scientific and Coreweave Extend Partnership This contract extension could bring Core...
BitFuFu boosts Bitcoin mining with first physical facility in Ethiopia
22.10.2024
BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.
How long does it take to mine 1 Bitcoin?
22.10.2024
Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?
Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture
22.10.2024
Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on its growing AI business. This move comes as crypto miners continue to struggle with reduced Bitcoin rewards. If the sale goes through, Northern Data plans to use...
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
21.10.2024
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency mining. Both entities plan to build data centers...
Mining PAC launches ad for Ted Cruz as early voting begins in Texas
21.10.2024
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025
Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings
21.10.2024
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024. Ionic Digital...
Northern Data wants to sell Peak Mining to invest in AI expansion
21.10.2024
The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks
21.10.2024
Bitcoin's 7-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving
Bitcoin hashrate hits all-time high, boosting network security
21.10.2024
The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms
The Next Big Leap for Bitcoin Miners: What it Takes to Reach $100 Hashprice
21.10.2024
Before bitcoin’s fourth halving, the crypto asset soared to a peak of $73,794 on March 14, as recorded on Bitstamp. During the period from March 10 to April 10, bitcoin’s hashprice—representing the estimated daily earnings for 1 petahash per second (PH/s)—fluctuated...
Bitcoin Mining vs. AI Hosting: The Unexpected Parallels Unveiled
19.10.2024
Bitcoin miners and artificial intelligence (AI) cloud providers, along with high-performance computing (HPC) operators, share an unexpected bond in their quest for computing muscle. As the cryptocurrency scene shifts, some bitcoin mining setups are finding fresh purpose in the fast-growing fields...
Rebar aims to launch Bitcoin-native MEV Shield by end of 2024: CEO
18.10.2024
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.
Rebar aims to launch Bitcoin-native MEV Shield by end of 2024: CEO
18.10.2024
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce.
October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?
18.10.2024
With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network...
New Falconx Platform Could Transform How Miners Liquidate Crypto
18.10.2024
Falconx, a digital assets prime brokerage firm, has launched a platform that automates the conversion of cryptocurrency to USD for miners. This platform aims to streamline the liquidation process, reducing delays and improving efficiency for miners. Enhanced Liquidity for Miners Falconx,...
Arthur Hayes Predicts Bitcoin Boom Amid Middle East Tensions and Inflation
18.10.2024
Former Bitmex CEO Arthur Hayes sees a bitcoin bull market on the horizon, driven by soaring energy prices and rampant inflation as Middle East tensions escalate. He argues that rising costs will send BTC’s value surging in fiat terms, with newly printed dollars flooding the market. But while...
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
17.10.2024
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets...
Understanding Bitcoin Treasury Strategies: Insights From Public Bitcoin Miners Like MARA
17.10.2024
The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 11, 2024, it was penned by Bitcoinminingstock.io author Cindy Feng. In the editorial, readers discover how MARA...
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
16.10.2024
The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said