A look at Bitdeer’s operational update revealed a drop in its mining output in Dec. 2024, although its bitcoin holding remains healthy. Bitdeer’s latest mining and operational update showed that its self-mining output in Dec. 2024 was 145 BTC, a…
In 2024, Bitcoin mining saw big advancements and tough challenges. Miners adopted new technology, used renewable energy, and even expanded into fields like AI. However, high energy costs, stricter regulations, and illegal activities showed there’s still work to do as…
Despite the decline in BTC mining output, Bit Digital increased its BTC and ETH holdings through diversification in both assets. Bit Digital, a bitcoin mining firm produced 32.4 BTC in Dec. 2024, a 27.8% drop from the previous month. This…
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…
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…
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…
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…
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. As bitcoin trades above $100,000 again amidst surging institutional interest, Asher…
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…
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…