Mining

Mining

APAC Bitcoin Mining Goes Green Despite China Underground Activity

Bitcoin mining continues to underpin the cryptocurrency ecosystem. Across the Asia-Pacific (APAC) area, plentiful hydropower resources, natural gas supplies, and excess energy generate both opportunities and regulatory complexities. While the region presents potential for “green hash” solutions, it grapples with steep…

Compass Mining Energizes Texas Bitcoin Mining Facility

Compass Mining has activated a 10-megawatt Bitcoin mining operation in Texas, established through a collaboration with ONMINE, to strengthen its vertically integrated approach. Compass and ONMINE Collaborate to Launch Texas-Based Bitcoin Mining Site Under the agreement, Compass oversees daily management while…

Russia looks at coal mines to revive crypto mining industry

Regional authorities in Russia plan to establish digital currency mining facilities adjacent to coal extraction sites to mitigate the downturn in the area’s primary industry. Officials in Siberia’s Kemerovo Oblast deem this economically viable, with initial hardware investments recovered in just…

Bitdeer Q2 Revenue Soars: A Remarkable 57% Surge!

The cryptocurrency sector is abuzz with major industry news! Prominent Bitcoin cloud mining entity, Bitdeer, has disclosed its substantial Bitdeer Q2 revenue, hitting $155.6 million. This result denotes a substantial 57% rise year-over-year, reflecting robust performance within the shifting digital asset…