Mining
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…
Pakistan has unveiled an ambitious project that would use 2,000 megawatts of excess electricity for Bitcoin mining and artificial intelligence (AI) data centres to cut energy waste and accelerate the country's digital transformation. Pakistan to Use 2,000 MW of Surplus Power…
Bitcoin Bitcoin mining firm Bitdeer (BTDR), with revenue of $109,866.51, increased its independent cryptocurrency mining capacity and expanded its international operations in May, according to the company's monthly report. Last month, the Singapore-based company mined 196 BTC, up 18% from April,…
At the BTC 2025 conference in Las Vegas, Pakistan unveiled an ambitious plan to allocate 2,000 megawatts (MW) of excess electricity to support Bitcoin mining and artificial intelligence (AI) data centers, marking a major step toward digital finance and technological innovation.…
Bitcoin Bitcoin mining company Riot Platforms (RIOT), valued at $109,156.97, said it has sold 1.75 million shares of rival Bitfarms (BITF) for about $1.58 million as part of an ongoing review of its investment in the company following a failed acquisition…
Could Marathon Digital Holdings begin preliminary talks with Exxon Mobil and Saudi Aramco about placing bitcoin mining rigs in oil fields, using flare gas to generate electricity directly? Crypto Twitter believes this is entirely possible, and if confirmed, such a partnership…
Stablecoin issuer Tether plans to open source its bitcoin mining operating system (MOS) to allow mining companies of all sizes to run and manage their infrastructure without relying on third-party software, CEO Paolo Ardoino said Monday. Designed to optimally manage and…
Bitcoin mining hardware has evolved significantly over the past three years, from machines that produce massive terahashes to affordable rigs that operate at less than 20 joules per terahash (J/TH). At the Digital Mining World Summit last month, Bitmain unveiled a…
On May 31, Bitcoin's hashrate reached an all-time high of 943 exahashes per second (EH/s), but since then, the network's computing power has dropped by more than 75 EH/s in the last few days. Bitcoin Block Time Slows Due to Difficulty…
Russia's executive authorities have temporarily suspended the expansion of a ban on cryptocurrency mining that could have added several more regions to the already significant list of territories where the activity is strictly regulated. On Thursday, the Moscow government cancelled or…
Bitcoin miner HIVE Digital Technologies (HIVE) has reached a hashrate of over 10 exahashes per second (EH/s), up 58% from April, thanks to the launch of a 100-megawatt hydroelectric project in Paraguay. In a press release on Friday, the firm said…
In 2024, Bitcoin's SHA256 consensus algorithm was ranked third in profitability, but as of early June 2025, it shares first place with Litecoin's Scrypt. SHA256 and Scrypt Share First Place in Mining Profitability in June 2025 On December 29, 2024, Scrypt,…