Nasdaq-listed Bitcoin mining company CleanSpark has announced its upcoming inclusion in the S&P SmallCap 600 Index. CleanSpark, one of the world’s largest Bitcoin (BTC) mining companies, announced the news in a press release published on March 10. According to the…
HIVE Digital shares rose after the company announced a 23% year-over-year increase in its bitcoin reserves. Canadian crypto mining company HIVE Digital has released its February production results, revealing that its Bitcoin (BTC) holdings have increased by more than 20%…
Iranian authorities have confirmed that around 240,000 cryptocurrency mining rigs have been seized over the past three years, state-owned electricity company Tavanir said on Sunday, expressing dissatisfaction with the current state of the country’s energy sector. Iran has reportedly been…
Bitcoin’s hash price — the estimated profit made from working 1 petahash per second (PH/s) of mining power — has fallen from $53.13 per petahash to a current $49.81 over the past seven days. At the same time, Bitcoin’s total…
DETROIT, March 5 (Reuters) – U.S. authorities have begun returning confiscated Chinese-made cryptocurrency mining equipment in recent weeks, according to two industry executives. Cryptocurrency miners are advanced computers with high-performance chips that compete with each other to solve mathematical problems.…
The largest U.S. cryptocurrency mining companies listed on Wall Street reported a decline in Bitcoin (BTC) mining in February compared to January, mainly due to the short month and network difficulties. Moreover, the decline in revenue was affected by the…
Hut 8 Corp. reported $80.7 million in cryptocurrency revenue for 2024, thanks to its Bitcoin mining and GPU-as-a-service business. The company increased its Bitcoin holdings to 10,171 BTC and signed a $125 million deal with Bitmain. Bitcoin mining and digital…
MARA Holdings’ blocks won, but bitcoin production volume – two key indicators of mining efficiency – fell 6% month-on-month in February, the bitcoin miner said in a press release on Tuesday. MARA said the decline was due to increased network…
The latest data shows that Bitcoin’s hashrate has dropped below 800 exahashes per second (EH/s), which coincides with a 30-day low in mining revenue, commonly referred to as hashprice. As of Friday, hashprice is just below $50 per petahash per…
Bitdeer has seen increased activity in recent days as the company takes strategic steps in the face of declining revenues and continues to implement its long-term plans. Singapore-based Nasdaq-listed Bitdeer acquired 100 bitcoins in two transactions this week. On February…