2023-3-2 16:31 |
DMG Blockchain Solutions reports a net loss of $7.0 million in Q1 2023 despite mining 50% more bitcoin than the previous year. The company attributes the loss to lower revenues and increasing operating costs. origin »
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This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.
2019-4-2 21:54 | |
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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…
Canadian Bitcoin mining company Bitfarms secured up to $300 million in private debt from Australian multinational investment firm Macquarie to fund its data center development. Bitfarms has reached an initial agreement for a private debt facility of up to $300…
GoMining has launched a new division, GoMining Institutional, with a new $100 million Alpha Blocks Fund to offer structured exposure to Bitcoin mining for professional investors. According to an April 1 announcement shared with crypto.news, the GoMining Alpha Blocks Fund…
Hut 8 CEO Asher Genoot discussed in a Bloomberg interview the logic behind the newly launched American Bitcoin venture. Genoot, speaking on Bloomberg TV in a joint interview with Eric Trump, said that Hut 8 is not starting its venture…