Mining
Bit Digital, a global high-performance computing (HPC) infrastructure platform and digital asset mining company, announced it intends to raise up to US$500 million through an all-in-one (ATM) offering. The company's capital-raising efforts are aimed at supporting its expansion into high-performance computing…
After four consecutive difficulty increases starting on March 9, the Bitcoin network has finally settled down, recording a 3.34% decline, which has come as a welcome relief to miners. Bitcoin network sees first difficulty reduction after four consecutive increases Bitcoin difficulty…
Disclosure: The opinions and arguments expressed here are those of the author alone and do not reflect the positions and opinions of the crypto.news editorial board. Cryptocurrency in the United States is entering a new era as federal and state policymakers…
Bitcoin miners made $40 million less in April than they did in March, marking the fourth straight month of revenue decline since December as the sector continues its downward trend in profits. April Brings Losses Again for Bitcoin Miners as Revenues…
Introduction The real estate sector requires significant energy resources. During construction, large amounts of energy are used to operate heavy machinery and equipment, as well as to manufacture materials such as cement and steel. After construction is complete, buildings continue to…
Malaysian police have busted another illegal Bitcoin mining operation, this time in the Hulu Terengganu and Marang districts in the northeast of the country. According to local news outlet Malay Mail , 45 Bitcoin mining machines worth approximately US$52,145 (RM225,000) and…
Compass Mining announced Tuesday that it has begun work on the first phase of its bitcoin mining facility in Iowa. Compass Mining Provides Power to Initial Phase of 30 MW Iowa Project The first phase of the 8-megawatt (MW) project, part…
Bitcoin (BTC) mining companies using high-performance computing (HPC) have failed to catch up with the world's largest cryptocurrency for the third month in a row, JPMorgan said in a research report published on Thursday. Some Bitcoin miners have begun to shift…
Experts say Bitcoin miners with the right infrastructure and management skills could reap significant benefits by entering the rapidly growing AI and high-performance computing data center market. According to research conducted by Galaxy Digital, with the increasing need for AI infrastructure,…
Bitcoin (BTC) miners' first quarter results could be disappointing as the hash rate, which measures the daily profitability of mining, continues to decline and trade tariffs weigh on the market, CoinShares (CS) said in a blog post on Friday. “Second-quarter results…
Cryptocurrency analytics firm Alphartal reported that pressure from Bitcoin miners has dropped to its lowest level since May 2024. According to experts, a reduction in mining pressure has historically often preceded periods of sideways consolidation or falling prices. Alphartal's statement emphasized…
A Coinshares report suggests that the Bitcoin network's computing power could reach 1 zettahash per second (ZH/s) by July 2025. This achievement of 1 ZH/s would mean increased network security and greater confidence among miners. Bitcoin Hashrate Exceeds Expectations at End…