Mining
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…
A viral headline has sparked significant buzz across cryptocurrency circles, with reports indicating Google secured an 8% ownership share in Bitcoin mining firm TeraWulf through a $3.7 billion agreement. Numerous industry observers assert this marks Google’s formal entry into Bitcoin mining…
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)…
Maximilian Obwexer faced a pressing challenge. His Austrian home relied on costly conventional heating oil, prompting his quest for an alternative solution. A natural innovator with a background in hydroelectric engineering, he channeled his expertise into developing a more efficient heating…
Hive Digital, formerly focused on Bitcoin mining and now transitioning into data infrastructure services, announced unparalleled fiscal first-quarter results fueled by significant expansion in high-performance computing (HPC) operations alongside sustained cryptocurrency mining activities. During Q1 of fiscal year 2026, the company…
Bitcoin mining companies and AI-focused data centers are increasingly competing for access to affordable and stable energy, which could lead to a resurgence of institutional investment in the mining sector over the next decade. AI data centers with significant financial resources…
According to Tajikistan's Prosecutor General, Habibullo Vohidzoda, unauthorized cryptocurrency mining caused damages of $3.52 million in the first half of the year. At a press conference, Vohidzoda noted that this damage was caused by the illegal use of electricity by miners,…
American Bitcoin, a Bitcoin (BTC) mining company backed by the family of US President Donald Trump, earlier this month exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs) designed for cryptocurrency mining from Bitmain. According to TheMinerMag, the…
In the fast-paced world of digital assets, transparency and consistent results are key indicators for investors and hobbyists alike. Greenidge Generation Holdings, a well-known cryptocurrency mining company that is traded on the Nasdaq exchange, recently gained attention due to its impressive…
Key findings Block presents its Proto Rig as a reliable, serviceable and upgradeable alternative to today's “disposable” mining devices. Proto Fleet will be available for free use and implementation both on-premises and in cloud systems. Under the leadership of Jack Dorsey,…
Key findings Google is backing the $1.8 billion TeraWulf AI project, receiving options for a potential 8% stake. The agreement includes a mandatory revenue of US$3.7 billion and envisages the development of AI-powered infrastructure with a total capacity of more than…
MARA Holdings (MARA) Suddenly Divests Bitcoin-Related Assets $119,631.61 worth of BTC mining company Roots announced late Monday that it has acquired a 64% stake in Exaion, a subsidiary of French energy giant EDF that focuses on high-performance computing (HPC), according to…