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SEC pauses lawsuit against crypto mining firm Geosyn at executives’ request
The SEC has suspended its fraud lawsuit against Geosyn Mining at the request of the accused executives, following federal charges on similar allegations. On Feb. 14, the SEC informed a Texas court that it would suspend the ongoing case against… дальше »
2025-2-17 11:23
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US border patrol continues to seize Bitcoin mining equipment: report
U.S. Customs and Border Protection is continuing its seizure of Bitcoin mining equipment at U.S. ports. The ASIC miners are reportedly being detained at U.S. ports of entry at the request of the Federal Communications Commission. According to documents reviewed… дальше »
2025-2-14 18:50
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Illegal Bitcoin mining operation explodes in Malaysia
An illegal Bitcoin mining operation was discovered in a house in Malaysia, adding to the toll on the country’s power grid and contributing to the trend in electricity theft driven by illicit crypto mining activities. On Feb. 13, an explosion… дальше »
2025-2-14 14:04
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Crypto miner HIVE Digital’s shares soar amid 263% surge in Bitcoin reserves
HIVE Digital Technologies has reported strong Q3 FY2025 revenue, fueled by Bitcoin mining and high-performance computing services. Canadian crypto mining firm HIVE Digital Technologies saw its shares rising 2. дальше »
2025-2-12 11:17
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Analyst reiterates CleanSpark as ‘Top Pick’ after Q1 report
Mike Colonnese, senior crypto analyst at H.C. Wainwright & Co., reiterated CleanSpark as the firm’s top pick following the company’s first-quarter earnings report. Bitcoin mining company CleanSpark reported its first-quarter results on Thursday, posting an 82% quarter-over-quarter increase in revenue… дальше »
2025-2-8 23:46
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Bitcoin will eventually be zero, economist predicts: Here’s when
Eugene Fama, the renowned “Father of modern finance,” predicts Bitcoin will be worthless in a decade. Why? Cryptocurrencies “violate all the rules of a medium of exchange,” Fama said on the Jan. дальше »
2025-2-2 22:46
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Grayscale launches Bitcoin miner ETF, offering new exposure to crypto
Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies. The fund, which tracks the Indxx Bitcoin Miners Index, is designed for investors looking to gain… дальше »
2025-1-30 16:53
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DCG launches Fortitude Mining to diversify beyond Bitcoin amid industry challenges
Digital Currency Group (DCG) has announced the launch of Fortitude Mining, a new subsidiary focused on diversifying exposure to high-growth crypto assets and Proof-of-Work ecosystems beyond Bitcoin (BTC). дальше »
2025-1-29 23:00
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CleanSpark celebrates growth at investor day, analysts reiterate ‘buy’ rating
CleanSpark is a strong buy and ‘top option’ for investors this year, according to a report by H.C. Wainwright & Co. CleanSpark, a Bitcoin (BTC) mining company, hosted an investor day in New York City on January 27, celebrating its… дальше »
2025-1-29 00:24
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HIVE Digital buys Bitfarms’ Paraguay site for $56m, targets 25 EH/s by Q3
HIVE Digital has signed a multi-million deal to acquire a 200 MW mining site in Paraguay, with plans to achieve 25 EH/s by September. Canadian Bitcoin (BTC) mining giant HIVE Digital is set to acquire Bitfarms‘ 200 MW hydro-powered mining… дальше »
2025-1-28 12:25
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Bitcoin mining showed strong growth in 2024 despite halving: report
Bitcoin mining reached significant milestones in 2024, according to the latest industry update from H.C. Wainwright analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) surged 121% year-over-year, closing the year at $93,390 and outpacing all other asset classes. Key drivers… дальше »
2025-1-15 00:28
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Gryphon Digital acquires $18.7m site in Canada, inks new Bitcoin mining deal
Gryphon Digital Mining received a 850-acre industrial site powered by natural gas in Southern Alberta, Canada from a signed agreement with Captus Energy for $18.7 million. According to Gryphon Digital’s press release, the Bitcoin (BTC) mining firm plans to use… дальше »
2025-1-14 10:40
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What is a crypto mining farm? The ultimate guide
Crypto mining farms are large setups where digital currencies are created. Mining is how new coins enter circulation, with Bitcoin being the first to be mined back in 2009. As of early 2025, thousands of coins are out there, contributing… дальше »
2025-1-9 18:56
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Bitcoin miner Canaan rolls out mining rigs as home heaters at CES 2025
Bitcoin miner manufacturer Canaan has introduced the Avalon Mini 3 and Nano 3S, rigs that mine crypto while also doubling as home heaters. Canaan, a tech company known for its ASIC chip design and development, is taking another shot at… дальше »
2025-1-9 12:02
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Digital Bitcoin miner GoMining expands to Solana
GoMining, a blockchain-based platform that allows users to participate in the Bitcoin mining ecosystem via tokenized hashrate ownership, has announced its expansion to Solana. Users of GoMining can earn bitcoin rewards through non-fungible tokens of the actual Bitcoin (BTC) mining… дальше »
2025-1-7 21:36
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CleanSpark mined 668 Bitcoin in December, holds 9952 BTC
CleanSpark Inc. , a publicly traded Bitcoin mining company, mined 668 Bitcoin in December 2024. The company sold 12. 65 Bitcoin during the same period at an average price of $101,246 per Bitcoin (BTC). дальше »
2025-1-7 17:43
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Marathon Digital improves hash rate by 15%, mined 890 BTC in December
Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress. Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53. дальше »
2025-1-4 17:10
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Bitcoin miner HIVE targets 150% growth by 2025-end after 47% YoY operational surge in 2024
Canadian mining firm HIVE Digital Technologies has reached 6. 0 EH/s in operational hashrate, marking a 47% year-over-year increase. Bitcoin (BTC) miner HIVE Digital Technologies has hit a major milestone, reaching 6. дальше »
2025-1-2 10:57
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African crypto revolution continues as Ethiopia ranks among global BTC mining leaders
2024 was a pivotal year for Ethiopia as it generated around $1 billion in BTC mining profits due to its access to cheap, reliable, and renewable energy sources. Africa is a region producing fintech unicorns that provide the highly unbanked… дальше »
2025-1-1 21:11
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How to mine Litecoin: Everything you need to get started
Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency faster than Bitcoin and easily accessible, with the aim to process a block in every two and a… дальше »
2024-12-31 00:25
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Kyrgyzstan crypto mining tax collection falls 50% year-over-year in 2024
A report on the 2024 Kyrgyz government revealed crypto mining taxes contributed only around $535,000. This value dropped by nearly half compared to last year’s crypto mining tax collection. According to a budget document released by the Kyrgyzstan Ministry of… дальше »
2024-12-27 17:17
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Bitcoin’s mining supply slipped below the 1.19m threshold on the brink of wider adoption
The year 2024 has been filled with major milestones for Bitcoin, from reaching new all-time highs to several governments mulling a Bitcoin reserve. However, data reveals that there are less than 1.19 million BTC left to be mined. Unmined Bitcoin… дальше »
2024-12-26 16:00
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Hut 8’s Bitcoin reserve tops $1b after $100m purchase
Hut 8, a Bitcoin mining company, has added 990 Bitcoin to its reserves, spending $100 million to increase its total holdings to 10,096 BTC. The reserve, now valued at over $1 billion, places Hut 8 among the largest corporate Bitcoin… дальше »
2024-12-20 17:30
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Bitcoin’s surge sparks 30% hike in mining gear prices as buyers move to Hong Kong
Bitcoin’s recent price surge has driven up mining equipment costs, with Shenzhen's Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% price hike. дальше »
2024-12-20 11:10
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Riot Platforms completes $525 million notes offering to fuel Bitcoin buying
Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0. 75% interest rate, were offered privately to institutional investors. дальше »
2024-12-12 03:42
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Riot Platforms acquire $68m of Bitcoin after senior notes offer
Bitcoin infrastructure firm Riot Platforms has acquired millions of dollars of Bitcoin in the past few hours. This action was followed after the company announced a senior notes offer. According to Arkham Intelligence data on Dec. 11, Riot Platforms acquired… дальше »
2024-12-11 07:13
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BIT Mining expands with new operations in Ethiopia
BIT Mining, a cryptocurrency mining firm listed on the New York Stock Exchange, has announced steps to expand its mining operations with new acquisitions in Ethiopia. The company revealed on Dec. 9 that it had completed the first phase of… дальше »
2024-12-9 19:00
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HIVE Digital shares climb 6% as miner targets 2% of Bitcoin network
HIVE Digital revealed its November 2024 production results, including 103 BTC mined and a 67% year-over-year growth in its Bitcoin holdings. Bitcoin (BTC) mining firm HIVE Digital released its November 2024 production results, reporting a 67% increase in its BTC… дальше »
2024-12-9 11:49
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New cryptocurrency to mine for free: Top 10 projects
In the early days of crypto, mining felt like an adventure for many, a hands-on way to dive in and start earning. Since this is a complex process that requires expensive and energy-intensive equipment, crypto mining on phones is becoming… дальше »
2024-12-8 22:18
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Hut 8 to build Bitcoin treasury with $500m raise
Bitcoin miner Hut 8 launched an at-the-market and stock repurchase program to finance its corporate strategic BTC reserve. дальше »
2024-12-5 20:44
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Argo Blockchain posts $3.4m mining revenue despite dip in Bitcoin output
Argo mined 39 BTC in November, generating $3.4 million in revenue despite a production drop from October. Bitcoin (BTC) mining firm Argo Blockchain has released its November production update, showcasing an increase in revenue despite a decline in Bitcoin mining.… дальше »
2024-12-4 13:00
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Foundry slashes workforce to focus on core BTC mining operations
Foundry, the largest Bitcoin mining pool globally, has laid off approximately 27% of its workforce. The layoffs primarily impact the ASIC repair and hardware teams, while core operations, including the mining pool, firmware team, and self-mining division, remain partially intact.… дальше »
2024-12-4 23:32
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MARA acquiring Texas wind farm for better Bitcoin mining operations
MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center. The wind farm, with 240 megawatts of interconnection capacity and 114 MW of operational wind… дальше »
2024-12-4 18:25
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Marathon Digital leverages dual strategy to surpass mining goals and boost Bitcoin reserves
Marathon Digital reported a record performance in its Bitcoin mining operations for November amid its ongoing commitment to acquiring the top crypto asset for its reserves. In a Dec. 2 statement, the company revealed that its BTC production rose by 26% month-over-month to 907 BTC. дальше »
2024-12-3 03:00
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Major Bitcoin miners spent $3.6 billion on infrastructure
Bitcoin miners’ major player has announced their third-quarter financial report, resulting in billions of dollars in funding and spending. According to TheMinerMag, on Nov. 28, key players in the cryptocurrency and Bitcoin mining industry published their financial reports. Since the… дальше »
2024-11-29 05:56
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Marathon Digital urges US to adopt Bitcoin reserve in open letter
Marathon Digital Holdings issued an open letter urging the United States to establish a strategic Bitcoin reserve. The open letter outlined why Bitcoin (BTC) and its mining infrastructure are vital to maintaining economic and geopolitical stability in a shifting global… дальше »
2024-11-26 20:31
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US detaining Bitcoin mining equipment at border: report
U.S. Customs and Border Protection, at the request of the Federal Communications Commission, has been detaining imports of Bitmain’s Antminer ASIC miners at ports nationwide for up to two months. The delays have impacted seven U.S.-based Bitcoin (BTC) mining companies… дальше »
2024-11-26 22:24
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Nvidia Q3 Revenue Soars 95% to $35.1 Billion, Exceeding Expectations
Nvidia's Q3 revenue surged 95% to $35.1B, driven by Data Center growth. Net income rose 109% to $19.3 billion. The post Nvidia Q3 Revenue Soars 95% to $35.1 Billion, Exceeding Expectations appeared first on BeInCrypto. дальше »
2024-11-21 03:02
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Galaxy Digital to raise $300m for Helios data center expansion
Galaxy Digital is launching a $300 million private offering of exchangeable senior notes due 2029 to fund the expansion of its West Texas Helios data center and support corporate initiatives. Mike Novogratz’s Galaxy Digital Holdings announced on Nov. 20 that… дальше »
2024-11-20 16:51
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Canaan rises 4% after securing Bitcoin mining partnership with Luna Squares Texas
Crypto firm Canaan teamed up with a West Texas Bitcoin mining firm to boost its operations in Texas, expanding its North American footprint. Bitcoin (BTC) mining Canaan has entered into a joint mining agreement with Luna Squares Texas, a Texas… дальше »
2024-11-20 14:24
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Marathon upsizes convertible note offering to $850m to buy more Bitcoin
Crypto mining company Marathon has upsized its convertible note offering by $150 million to buy even more Bitcoin. Bitcoin (BTC) mining company Marathon Digital Holdings has upsized its convertible debt offering to $850 million from $700 million to buy more… дальше »
2024-11-19 14:02
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Bit Digital’s Q3 revenue jumps 96% amid HPC strength
Bit Digital posted nearly $23 million in Q3 revenue, a 96% increase year-over-year, driven by strong growth in its high-performance computing business. Bitcoin (BTC) mining firm Bit Digital said in a Q3 earnings report that its revenue for the quarter… дальше »
2024-11-19 16:40
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Crypto mining giant Marathon plans $700m convertible note to buy Bitcoin
Marathon Digital announces a $700 million private convertible note offering to fund debt repayment, Bitcoin purchases, and corporate needs. Bitcoin (BTC) mining company Marathon Digital said it plans to sell $700 million of convertible notes in a private placement to… дальше »
2024-11-19 16:21
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Binance Pool launches fractal BTC mining starting Nov. 18
Users can now participate in BTC mining on Binance Pool and earn rewards in the form of Fractal Bitcoin. Though, the exchange has no plans to list the FB token any time soon. In a recent announcement, Binance introduced a… дальше »
2024-11-19 12:54
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Kaixin plans crypto mining expansion amid Bitcoin’s new all-time high
Chinese electric vehicle manufacturer Kaixin is looking for a strategic shift with plans to acquire a controlling stake in a Middle Eastern cryptocurrency mining operation. The announcement depicts a major jump and diversification from its traditional automotive business. Kaixin in… дальше »
2024-11-17 07:06
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Greenidge Generation Wins Legal Battle Over Its Crypto Mining Facility in New York
Greenidge Generation wins a legal battle to keep its New York crypto mining facility running, highlighting global challenges and regulatory shifts in the industry. The post Greenidge Generation Wins Legal Battle Over Its Crypto Mining Facility in New York appeared first on BeInCrypto. дальше »
2024-11-16 21:44
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Bitcoin miner Greenidge Generation wins legal battle in New York
Greenidge Generation Holdings Inc. will continue operating its Dresden, New York, facility following a legal victory against the state’s Department of Environmental Conservation. According to a Nov. дальше »
2024-11-16 17:45
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Analyst reiterates ‘Buy’ rating on Bitfarms stock despite selloff
H.C. Wainwright & Co. analysts reiterated their “Buy” rating on Bitcoin mining company Bitfarms. This rating follows a 15% decline in the stock price after Bitfarms announced delays to its year-end 2024 expansion targets, according to a note shared with… дальше »
2024-11-15 00:01
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Bitcoin mining protocol Prosper bags token funding from BIT Mining
Decentralized protocol Prosper secures investment from BIT Mining as it expands its solution to include institutional-grade Bitcoin mining and liquidity farming. Prosper, a decentralized protocol bridging Bitcoin (BTC) mining to the blockchain by providing hashrate-backed tokens representing live Bitcoin mining… дальше »
2024-11-15 14:34
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HIVE Digital acquires 6500 ASIC miners, starts Paraguay facility construction
HIVE Digital announced two significant developments on Nov. 10: the acquisition of 6,500 new Canaan Avalon A1566 ASIC miners and the construction of a 100-megawatt mining facility in Paraguay. According to a company release, HIVE has ordered 6,500 ASIC miners… дальше »
2024-11-12 23:09
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