Mining
The Pakistani government has decided to allocate 2,000 megawatts (MW) of electricity as part of the first phase of a national plan to support Bitcoin mining and artificial intelligence (AI) data centres. According to Pakistani Finance Minister Muhammad Aurangzeb, this is…
Bitcoin mining uses energy comparable to some countries. This is often seen as one of Bitcoin's biggest downsides, as its use is harmful to the environment. However, Bitcoin advocates argue that the situation is more complex and that Bitcoin may in…
Russia's Energy Ministry is exploring the possibility of introducing incentives for the tightly controlled Bitcoin mining industry to move it to the north of the country. The move follows a ban on bitcoin mining introduced in January this year in ten…
Bitcoin (BTC) miner MARA Holdings (MARA) will transfer 500 BTC to broker Two Prime in order to make a profit, the companies said on Thursday. The deal will strengthen an existing partnership between the two cryptocurrency companies: SEC-registered entity Two Prime…
Bitcoin BTC hit a new all-time high of $109,000 on Wednesday , but that doesn't bring much relief to Bitcoin miners who were forced to sell a significant portion of their BTC holdings last month, TheMinerMag reports. The company's latest research…
Sangha Renewables, Bitcoin A $106,546.31 bitcoin mining company that aims to provide companies in the renewable energy sector with the ability to mine bitcoin began construction on its flagship 19.9-megawatt (MW) solar power plant in West Texas on Wednesday. “We are…
Bitcoin Investment bank Jefferies said in a research report published on Tuesday that BTC mining profits of $106,546.31 in April declined as the network's hashrate increased. “BTC mining profitability fell by 6.6% in April, driven by a 6.7% increase in the…
Riot Platforms used its Bitcoin assets to secure and expand its credit line. Bitcoin mining in the US has helped strengthen the network amid its widespread adoption by institutional investors. Riot Platforms, Inc. (NASDAQ: RIOT), a well-known American Bitcoin (BTC) mining…
Auradine Inc., a U.S.-based Bitcoin mining hardware manufacturer, today announced an expanded range of mining products at the Bitcoin 2025 conference in Las Vegas. The portfolio includes high-performance ASIC chips, specialized cooling systems, and fully integrated modular containers designed for scalable…
Nebraska lawmakers just approved House Bill 526 (LB526), which while not explicitly anti-Bitcoin, could have far-reaching implications that leave no room for neutrality. By a unanimous 49-0 vote, the legislature sent the bill to Governor Jim Pillen, who is expected to…
A new report from fintech and cryptocurrency research firm Rittenhouse Research cited Galaxy Digital's move from Bitcoin mining to artificial intelligence (AI) infrastructure as the primary reason for assigning the company a “strong buy” rating. Galaxy Digital's shift toward AI, away…
The Bitcoin network hashrate increased by 2% during the first two weeks of May, reaching an average of 885 exahashes per second (EH/s), according to a research report from Wall Street bank JPMorgan (JPM) published on Friday. Hashrate represents the total…