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Texas House committee passes Bitcoin reserve bill for full floor vote
8.5.2025
A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk.The Texas House Committee on Delivery of Government Efficiency passed Senate Bill 21 with no amendments on May 7...
Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand
8.5.2025
Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month.The Fed’s decision to keep interest rates unchanged comes despite mounting pressure from US President Donald Trump, who just weeks...
Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
8.5.2025
Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits.Core Scientific’s Q1 2025 results, published on May 7, saw it more than double its $210 million...
Arizona governor signs law for state to keep unclaimed crypto
8.5.2025
Arizona Governor Katie Hobbs has signed a bill into law allowing the US state to keep unclaimed crypto and establish a “Bitcoin Reserve Fund” that won’t use any taxpayer money or state funds.Hobbs signed House Bill 2749 into law on May 7, which allows Arizona to claim ownership...
Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort
1.5.2025
The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions Bitcoin infrastructure firm Blockstream has announced that it will...
Australia’s top court sides with Block Earner, dismisses ASIC appeal
23.4.2025
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not...
Australia’s top court sides with Block Earner, dismisses financial regulator's suit
23.4.2025
The Federal Court of Australia has sided with fintech firm Block Earner in an appeal against a ruling that found it was required to hold a financial services license for its now-discontinued crypto-related products. Block Earner’s crypto-linked fixed-yield earning product is not...
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
22.4.2025
Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates.According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport,...
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
22.4.2025
Bitcoin mining firm Bitdeer secured $60 million in loans to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates.According to its annual report, Bitdeer entered a loan agreement in April with affiliate firm Matrixport,...
How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls
22.4.2025
The bitcoin mining industry routinely underreports the value of imported ASIC shipments to the U.S., multiple sources told CoinDesk
Trump Sons Take 20% Stake in US Mining Venture With 61,000 ASIC Rigs and Big Ambitions
31.3.2025
Eric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on a financial foray into the realm of cryptocurrency, channeling capital into a bitcoin mining operation, The Wall Street Journal reported in a Monday dispatch. The article details the duo’s strategic pivot...
How Bitdeer Is Transforming Bitcoin Mining Machines
14.3.2025
The Singapore-based miner has big plans to shake up ASICs with a new design and a greater commitment to transparency
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
26.2.2025
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan Semiconductor Manufacturing Company (TSMC), while targeting a self-mining hashrate of...
Bitdeer Q4 Loss Widens to $532M as Miner Focuses on ASIC Development for 2025 Growth
25.2.2025
The bitcoin mining firm faced revenue declines but is betting on proprietary ASIC chips to drive future expansion
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models
BitFuFu shares rise 13% after inking 80,000 miner agreement with Bitmain
3.1.2025
The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models