Mining
In June, Bitcoin's hash rate fell sharply to its lowest level in a year. The decline came as political tensions between the United States and Iran escalated, sparking speculation about a possible geopolitical connection. However, experts disagree. What are the arguments…
Bitcoin BTC miners' profits of $106,976.04 fell to their lowest in two months, but there are still no signs of a forced sell-off despite declining profitability. Daily mining revenue fell to $34 million on June 22, the lowest since April and…
In the fast-changing world of digital finance, a company’s strategic management of its treasury assets serves as an important indicator of its long-term goals and sustainability. Canadian cryptocurrency mining company HIVE Digital Technologies recently made an impression on the market with…
The Bitcoin mining industry is set to undergo significant changes in 2025, thanks to the Trump family's partnership with Hut 8 and Tether's ambition to become the world's leading mining company by the end of the year. This will transform the…
Currently, the BTC.com mining pool is the leading miner on Binance, as almost 98% of all BTC transfers from miners are directed to this platform. The latest report from CryptoQuant highlights that this trend provides important insights into miner behavior. Bitcoin…
A year after its failed bid to acquire Core Scientific (CORZ), cloud and AI company CoreWeave (CRWV) is back in talks with the bitcoin miner, according to the WSJ. According to the publication, specific terms have not yet been discussed, but…
Bit Digital (BTBT) Changes Direction to Focus on Ethereum The company said on Wednesday that the staking and treasury volume will be $2,432.91 ETH . New York-based company to exit bitcoin industry entirely and will completely refocus its business on BTC…
Bitcoin mining and ASIC manufacturing company Bitdeer Technologies (BTDR) has completed a private placement of $330 million in convertible senior notes due July 1, 2031. The notes bear interest at 4.875% and have a conversion price of $15.87 per share, which…
Pakistan has unveiled an ambitious project that would use 2,000 megawatts of excess electricity for Bitcoin mining and artificial intelligence (AI) data centres to cut energy waste and accelerate the country's digital transformation. Pakistan to Use 2,000 MW of Surplus Power…
Bitcoin Bitcoin mining firm Bitdeer (BTDR), with revenue of $109,866.51, increased its independent cryptocurrency mining capacity and expanded its international operations in May, according to the company's monthly report. Last month, the Singapore-based company mined 196 BTC, up 18% from April,…
At the BTC 2025 conference in Las Vegas, Pakistan unveiled an ambitious plan to allocate 2,000 megawatts (MW) of excess electricity to support Bitcoin mining and artificial intelligence (AI) data centers, marking a major step toward digital finance and technological innovation.…
Bitcoin Bitcoin mining company Riot Platforms (RIOT), valued at $109,156.97, said it has sold 1.75 million shares of rival Bitfarms (BITF) for about $1.58 million as part of an ongoing review of its investment in the company following a failed acquisition…