CleanSpark announced it might begin selling a portion of its Bitcoin production to fund operations, while deepening its relationship with Coinbase Prime. Bitcoin miner CleanSpark has expanded its capital strategy with a $200 million Bitcoin-backed credit facility from Coinbase Prime,…
As Bhutan battles youth migration and economic strain, its prime minister says Bitcoin mining offers a path forward, and others should follow. Bhutan, a Buddhist kingdom on the eastern edge of the Himalayas known for its monasteries, seems to be…
As Bitcoin’s hashrate hits an all-time high, U.S. miners grapple with shrinking profits on top of rising equipment costs due to Trump’s tariffs. Bitcoin (BTC) mining hashrate—the measure of computational power used to mine and process transactions on the network—has…
Trump’s new tariff policy is poised to disrupt the U. S. Bitcoin mining industry, as China—the world’s biggest supplier of mining equipment—faces a steep 34% export tariff, putting pressure on American miners’ ROI.
Shanghai-based Cango has signed definitive agreements to sell its China operations for $351.94 million in cash, marking a strategic shift towards cryptocurrency mining. Ursalpha Digital Limited, a British Virgin Islands-registered entity, will acquire Cango’s PRC business. The transaction includes an…
MARA Holdings reported an increase in Bitcoin mining activity for March, producing 829 BTC and winning 242 blocks, a 17% rise from February. This marks the company’s third-highest monthly block count, according to a company note. The increase comes as…