Mining
Malaysia's largest national power company, Tenaga Nasional Berhad (TNB), is helping authorities crack down on electricity theft linked to illegal cryptocurrency mining in the country, which it says has increased by nearly 300% over the past six years. In a statement…
Public Keys is a weekly report from Decrypt that examines the top publicly traded crypto companies. This week: Bitcoin miners struggle, Coinbase tries to create some confusion ahead of its profit cut, and sources say Meta is interested in stablecoins .…
Shares of bitcoin miner MARA Holdings (MARA) outperformed their rivals on Friday despite its first-quarter results falling short of Wall Street expectations, as analysts see positives in the company's push to cut costs. Jefferies analysts noted that with the price of…
With Bitcoin rising to levels seen in early February, the network's computing power has reached a record 929 exahashes per second (EH/s), a metric that shows how actively miners are competing to add the next block. Miners step up their efforts:…
MARA Holdings, Inc. (NASDAQ: MARA) reported first quarter 2025 financial results, reporting revenue of $213.9 million, up 30% from the first quarter of 2024. The company continues its transformation into a major player in digital energy and infrastructure. “Revenue increased 30%…
This week, Phoenix Group PLC reported revenue of $31 million for the first quarter of 2025 and progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a new 20 MW facility coming online in Texas. Phoenix Group aims to…
Get ready for the latest news from the Bitcoin mining space! MARA Holdings , a major player formerly known as Marathon Digital, recently released its April operating report, which contains some interesting information for anyone following the crypto market or interested…
In the heart of Pennsylvania's Elk County , a natural gas- powered cryptocurrency mining initiative has sparked significant controversy and environmental concerns. Diversified Energy , the company behind the project, has come under scrutiny from both government and environmental groups for…
Canadian Bitcoin mining company Hive Digital Technologies has decided to invest heavily in Latin America , choosing Paraguay as a long-term strategic partner. According to Aydin Kilic , President and CEO of Hive, Paraguay is an ideal combination of geopolitical stability…
In a development that may have surprised many observers, Cango Inc., a company known for its automotive services, has rapidly become a prominent player in the cryptocurrency mining space. This strategic move highlights a growing trend of companies across multiple sectors…
A recent Cambridge study confirms that the United States now dominates global Bitcoin mining, raising questions about China’s possible response. While the country has long had anti-cryptocurrency policies, Chinese mining pools have historically controlled a significant portion of the global Bitcoin…
Investment bank Compass Point cut its rating on MARA Holdings (MARA) shares to “sell” from “neutral” on Tuesday, citing volatile cash burn. “There are better ways to acquire BTC beta,” the analysts wrote in a research note, citing Marathon’s hash price,…