Mining
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…
Bitcoin BTC miners' profits of $106,976.04 fell to their lowest in two months, but there are still no signs of a forced sell-off despite declining profitability. Daily mining revenue fell to $34 million on June 22, the lowest since April and…
In the fast-changing world of digital finance, a company’s strategic management of its treasury assets serves as an important indicator of its long-term goals and sustainability. Canadian cryptocurrency mining company HIVE Digital Technologies recently made an impression on the market with…
The Bitcoin mining industry is set to undergo significant changes in 2025, thanks to the Trump family's partnership with Hut 8 and Tether's ambition to become the world's leading mining company by the end of the year. This will transform the…
Currently, the BTC.com mining pool is the leading miner on Binance, as almost 98% of all BTC transfers from miners are directed to this platform. The latest report from CryptoQuant highlights that this trend provides important insights into miner behavior. Bitcoin…
A year after its failed bid to acquire Core Scientific (CORZ), cloud and AI company CoreWeave (CRWV) is back in talks with the bitcoin miner, according to the WSJ. According to the publication, specific terms have not yet been discussed, but…
Bit Digital (BTBT) Changes Direction to Focus on Ethereum The company said on Wednesday that the staking and treasury volume will be $2,432.91 ETH . New York-based company to exit bitcoin industry entirely and will completely refocus its business on BTC…
Bitcoin mining and ASIC manufacturing company Bitdeer Technologies (BTDR) has completed a private placement of $330 million in convertible senior notes due July 1, 2031. The notes bear interest at 4.875% and have a conversion price of $15.87 per share, which…