Mining
Bitcoin mining firm Riot Platforms (RIOT) reported a significant increase in production in May on Tuesday, with 514 BTC mined, up 11% from April and 139% from the same month last year. The firm sold nearly all of its new bitcoins,…
Do you remember when Elon Musk crashed the Bitcoin price by tweeting that Tesla would stop accepting it due to environmental concerns, and everyone was concerned about the negative impact of mining on the environment? That happened in 2021, and many…
Riot Platforms (RIOT) has made the decision to hire industry veteran Jonathan Gibbs as its director of data centers, representing a strategic move for the bitcoin miner to expand beyond cryptocurrency and into the broader data infrastructure sector. Gibbs has more…
The combined market capitalization of 13 miners listed on a U.S. exchange and monitored by JPMorgan increased by nearly 20% in May as the price of bitcoin According to a research report from the bank published on Monday, the BTC price…
Following the consolidation of Bitcoin prices, which reached an all-time high (ATH), the network's computing power reached an unprecedented level of 943 exahashes per second (EH/s). Bitcoin Approaches Zettahash Mark Bitcoin’s global hashrate has set a new record, peaking at 943…
In an ever-changing environment where traditional industries intersect with modern digital finance, news from unexpected sources often resonates the most. This week, Cango Inc., best known as China’s leading car transaction service platform, caught the attention of the crypto community with…
The Pakistani government has just announced that it will allocate 2,000 megawatts of power for Bitcoin (BTC) mining and artificial intelligence (AI) data centers. This initiative is aimed at making Pakistan a major player on the global stage in the Web3…
Bitcoin BTC mining difficulty at $105,578.62 is on track to set a new all-time record around midnight UTC, indicating increased miner engagement and improved blockchain security. The adjustment is expected to be completed within the next 100 blocks, and forecasts suggest…
At the current Bitcoin 2025 conference, Gemini presented a live demo that combines electric vehicle technology with Bitcoin mining. The company showed off a Tesla Cybertruck “Cyberbeast” version, wrapped in branded Bitcoin-themed vinyl, mining Bitcoin on-site using a Bitaxe device. The…
This article from Theminermag, a specialized publication for cryptocurrency mining, is dedicated to the latest news and research from institutional companies involved in Bitcoin mining. The latest release of our Bitcoin Mining Report is now available to download here. This month’s…
Bitcoin mining stocks posted significant declines on Wednesday, with most major publicly traded firms in the space falling. Bitcoin Mining Stocks Slip Across the Board Galaxy Digital Holdings, which has a market cap of $6.64 billion, has lost 11.33% of its…
Bitmain has unveiled the Antminer S23 Hydro series, which boasts a performance of 580 terahash per second (TH/s) and consumes 5510 watts, making it the “most efficient” mining rig on the market. Declining interest in mining equipment Bitcoin miner manufacturer Bitmain…