Cryptocurrency giant Tether has significantly increased its stake in Bitcoin mining firm Bitdeer, bolstering its commitment to the industry and signaling a shift in strategy. The company’s investment […]
Tether Deepens Investment in Bitcoin Mining, Increases Stake in Bitdeer
Tether has made a significant move in the cryptocurrency mining industry, increasing its stake in Bitcoin mining company Bitdeer according to recent filings with the U.S. Securities and […]
Cango Inc. Records 12% Bitcoin Production Growth in March 2025
Cango Inc., a leading force in the cryptocurrency mining sector (NYSE: CANG), reported significant growth in Bitcoin production for March 2025. The company produced 530.1 Bitcoins, representing a […]
Cango Inc. Reports 12% Bitcoin Production Growth in March 2025
Cango Inc., a leading bitcoin mining company listed on the NYSE under the symbol CANG, released its production update for March 2025, demonstrating significant growth in its cryptocurrency […]
Hut8 Reaches $10,264 BTC in Holdings: A Milestone for the Bitcoin Mining Giant
U.S.-based cryptocurrency mining giant Hut8 has announced a significant milestone, hitting 10,264 BTC in its Bitcoin holdings. This substantial stockpile reflects their strategic approach to accumulating Bitcoin and […]
How Bitcoin Mining Boosts US Energy Infrastructure
The Bitcoin mining industry is driving significant growth in the United States’ energy infrastructure, boosting grid reliability and opening up new opportunities for investment. Driven by the need […]
Marathon Digital Mined Record 829 BTC in March, Driven by Efficiency Gains
Marathon Digital Mining Co. saw a significant increase in Bitcoin mining output in March, producing 829 BTC – a 17% jump from February. The company credits this to […]
Trump’s Tariffs Threaten Bitcoin Mining Industry
U.S. trade tariffs, under both the previous and current administration, are posing a significant challenge to Bitcoin mining companies. As Kristian Csepcsar, chief marketing officer of Braiins, points […]
Cango Ditches China Operations, Eyes Bitcoin Mining with $351 Million Deal
Shanghai-based Cango has finalized agreements to divest its operations in China for $351.9 million in cash, paving the way for a strategic shift into cryptocurrency mining. Ursalpha Digital […]
Cango Ditches Cars for Bitcoin: Chinese Platform Invests $352M in Mining
Chinese fintech firm Cango is making a bold move by selling its auto-financing business for a hefty $352 million to Bitmain, a company associated with Bitcoin mining. This […]
MARA Reports Increased Bitcoin Mining Output in March 2025
MARA, a leading Bitcoin mining company, has reported a 6% increase in daily average Bitcoin mining output for March 2025. The company’s latest unaudited business operations report details […]
MARA Reports Increased Bitcoin Mining Output in Q1 2025
Mining giant MARA has released its unaudited business operations report for March 2025. The report reveals a notable 6% increase in daily average Bitcoin mining output compared to […]
Bitfarms Secures Major Loan to Expand Data Center Capacity
Global computer infrastructure company Bitfarms has secured a $300 million loan from Macquarie Group to finance the development of high-performance computing (HPC) data centers. This funding will support […]
Bitcoin Mining Boom: 2024 Shifts Power Industry Dynamics
The Bitcoin mining industry is experiencing a dramatic surge in 2024, driven by advancements in hardware and reduced production costs. This increase has significant implications for the cryptocurrency […]
Senator Aims to Incentivize Crypto Mining Using Flared Gas
Texas Senator Ted Cruz has introduced the FLARE Act in the US Senate, seeking to make the state a hub for Bitcoin mining by incentivizing crypto miners to […]