Mining
Bitdeer Technologies Group announced that its SEAL03 chip has achieved a record efficiency of 9.7 joules per terahash (J/TH) in testing, and also confirmed its intention to begin mass production of Sealminer A3 mining rigs in late 2025. With 9.7 J/TH…
Wall Street bank JPMorgan (JPM) has updated its forecasts and price targets for Bitcoin (BTC) miners based on fourth-quarter 2024 results, as well as fluctuations in Bitcoin prices and network hashrate. JPMorgan upgraded IREN (IREN), its top pick in the space,…
Bitdeer Technologies (BTDR) has increased its Bitcoin (BTC) holdings by nearly 75% in two months by moving some of its mining rigs into its own production after customers asked to defer payments for SEALMINER A2 units during the cryptocurrency's biggest price…
Bitcoin's decline to $77,700 has miners facing increasing financial difficulties, prompting a significant increase in their transfers to crypto exchanges. Miner selling is increasing, according to blockchain data from CryptoQuant, as historical market patterns predict further price declines until strong buying…
Ben Gagnon, CEO of Bitfarms, expressed his views on how new geopolitical challenges arising under the Trump administration could impact the Bitcoin mining sector. In an interview with Bloomberg TV on March 11, Gagnon noted that both the U.S. and Canada…
Bitcoin is currently trading at $81,626, just below the $82,000 level. At the same time, the differences in mining costs among leading public companies highlight the significant differences in their operations, with some companies mining bitcoin for a fraction of the…
Bitdeer Technologies Group (NASDAQ: BTDR) announced that it has successfully completed testing of its new SEAL03 Bitcoin mining chip. The prototype demonstrated an energy efficiency of 9.7 J/TH while operating in low-voltage, ultra-power-saving conditions. This result is a major advance in…
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 press…
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% year-over-year.…
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 facing…
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 hash…
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…