Mining
Perhaps the best way to decentralize the Bitcoin network is through home mining, and things are trending in the right direction. Yesterday, Solo Satoshi announced the Bitaxe Touch, the latest device in the world of home bitcoin mining. This new device…
In a latest development, – CleanSpark Inc, America’s Bitcoin Miner announced a significant milestone, achieving over 10,000 bitcoins in its treasury, all self-mined exclusively from its U.S.-based mining operations. Notably, Zach Bradford, Chief Executive Officer and President of CleanSpark remarked that…
Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht. According to local media, the PEA, in collaboration with the Crime Suppression Division, has seized 996…
Crypto mining farms are large setups where digital currencies are created. Mining is how new coins enter circulation, with Bitcoin being the first to be mined back in 2009. As of early 2025, thousands of coins are out there, contributing to…
Asher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with its dual focus on bitcoin and AI. Sustainable and Scalable Energy Solutions Are Vital for Transformative Technologies As bitcoin…
Bitcoin miner manufacturer Canaan has introduced the Avalon Mini 3 and Nano 3S, rigs that mine crypto while also doubling as home heaters. Canaan, a tech company known for its ASIC chip design and development, is taking another shot at something…
The 2024 bitcoin mining industry reached historic milestones while grappling with significant obstacles, according to an extensive report sponsored by Nicehash and authored by Digital Mining Solutions and Bitcoinminingstock.io. The comprehensive study sheds light on unprecedented network expansion, advancements in hardware…
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Core Scientific got a lot of attention in 2024 for its hosting deals with cloud provider CoreWeave. But Hut 8’s plans to lease data center space to…
Landlocked between six different neighbors in the Horn of Africa, Ethiopia has approximately 120 million inhabitants, making it the second most populous nation on the continent, and a GDP of $163 billion, which puts it in the same economic league as…
Bitcoin (BTC) miners’ daily revenue and gross profit rose for the second consecutive month in December, hitting the highest levels since April, JPMorgan (JPM) said in a research report on Monday. Mining profitability increased as the rally in the world’s largest…
Bitcoin miners across the United States are reportedly hoarding the apex crypto in what looks like an all-out arms race to survive rising costs and tougher competition. Giants like Mara Holdings, Riot Platforms, and CleanSpark are leading the charge, raising $3.7…
Riot Platforms, Inc. shared its December 2024 production update. The company mined 516 Bitcoin in December, a 4% increase from November. Riot Platforms achieved a 4% monthly production increase and completed the first phase of its Corsicana Facility while holding over…