Mining
NIP Group, the parent organization of popular eSports team Ninjas in Pyjamas, announced its entry into the Bitcoin mining market on Tuesday . The company is entering the space by acquiring an unspecified number of Bitcoin mining rigs with a combined…
Stablecoin issuer Tether has signed a memorandum of understanding (MoU) with Adecoagro SA to explore a strategic partnership focused on bitcoin mining using renewable energy, according to a July 3 announcement. Adecoagro, one of South America's leading producers of organic agricultural…
Bitcoin mining company CleanSpark has received permission to build a new mining facility in Mountain City, Tennessee, local outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor and Aldermen approved the mine project by…
Despite the fact that the price of Bitcoin has more than doubled the cost of its production, miners are in no rush to sell off their assets, as CryptoQuant CEO Ki Young Ju recently noted, drawing attention to the example of…
MARA Holdings' bitcoin mining output fell 25% in June as the company faced adverse weather conditions at its Texas facility and ongoing issues that have complicated the mining process in the industry as a whole, according to its June report .…
Cryptocurrency analytics firm Alphartal has provided an interesting analysis of the Bitcoin mining sector. The report found that miners continue to hold onto their Bitcoin holdings despite unusually low profitability. Overall transaction fees on the Bitcoin network have fallen to their…
Iran has been mining and trading cryptocurrency since 2019, when its national currency was devalued by years of tough international sanctions and high inflation. However, experts say it remains nearly impossible to accurately determine how much bitcoin (BTC) has been mined…
Iran is mining and trading cryptocurrencies out of necessity due to tough global sanctions and the depreciation of its local currency amid high inflation since at least 2019. However, experts told Decrypt that valuing its assets remains extremely difficult. The University…
Ethiopia is seeing an increase in power problems caused by cryptocurrency mining activity amid the growth of the cryptocurrency industry in the country. According to reports, cryptocurrency mining and data centers in the country are expected to consume up to one-third…
Cango has completed its previously announced acquisition of 18 EH/s of active Bitcoin hashrate from Bitmain's financial division, Antalpha, increasing its total installed hashrate to 50 EH This article from Theminermag, a specialized publication for the cryptocurrency mining industry, is dedicated…
In a research report released late Thursday, Cantor Fitzgerald argued that Core Scientific (CORZ) could fetch more than $30 per share if it is acquired by cloud giant CoreWeave, citing both the stable cash flows from its AI contracts and the…
In June, Bitcoin's hash rate fell sharply to its lowest level in a year. The decline came as political tensions between the United States and Iran escalated, sparking speculation about a possible geopolitical connection. However, experts disagree. What are the arguments…