Mining

Mining

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…

Solo Bitcoin Miner Achieves Astounding 3.1 BTC Block Reward

While cryptocurrency discussions often emphasize large-scale mining operations, occasional individual accomplishments revive the essence of decentralization. Recently, a solo Bitcoin miner overcame staggering probabilities, successfully validating a complete Bitcoin block and claiming an impressive reward. This extraordinary event unfolded on August…

Iran blames crypto miners for deepening energy crisis

Iran’s energy challenges have intensified in recent months, with citizens pointing to cryptocurrency mining activities as a primary culprit. Growing frustrations over power shortages have sparked street protests as vocal demonstrators confront authorities. Recent accounts reveal Lake Urmia, once renowned as…

Hive Posts $45.6M in Total Revenue, Fueled by Bitcoin Mining Boom

Hive Digital Technologies announced record-breaking quarterly results for the first quarter of fiscal 2026, concluding June 30, generating $40.8 million in revenue from digital currency mining. Digital Currency Mining Revenue Experiences Significant Growth Bitcoin mining firm Hive Digital Technologies (Nasdaq: HIVE)…