Hut 8 Corp., a prominent player in Bitcoin mining, has merged with American Data Centers Inc., forming a new entity called American Bitcoin Corporation. This strategic move is […]
Hut 8 Merges with American Data Centers to Form New Bitcoin Entity
A significant merger has reshaped the North American bitcoin mining landscape as Hut 8 Corp. joined forces with American Data Centers to form a new entity, American Bitcoin. […]
CoinShares ETF Plummets Amidst Market Volatility
The CoinShares Bitcoin Mining ETF has faced significant challenges in 2023, as it struggles to maintain value amidst a volatile market. The fund experienced a dramatic drop of […]
Trump Family Enters Crypto Space: Hut 8 Hands Over Mining Operations to Sons’ Venture
The Trump family is making a significant move into the cryptocurrency world, with Donald Trump Jr. and Eric Trump’s venture American Bitcoin gaining control of Hut 8’s mining […]
MARA Holdings Raises $2 Billion for Bitcoin Purchases, Shifts Focus on Mining Operations
MARA Holdings, a prominent player in the Bitcoin mining industry, announced plans to raise $2 billion through a stock sale. The company aims to allocate these funds towards […]
Hut 8 Launches US Bitcoin Firm with Trump Jr. & Eric’s Backing
A new US-based Bitcoin mining venture, American Bitcoin Corp., has been launched by Hut 8 Corp., in partnership with Eric and Donald Trump Jr. The company aims to […]
Hut 8 Teams Up with Eric Trump to Launch American Bitcoin Mining Firm
Hut 8 Corp. has unveiled American Bitcoin Corp., a new entity specializing in large-scale Bitcoin mining and strategic Bitcoin reserve development. This move follows Hut 8’s exchange of […]
Marathon Digital To Raise $2B through Stock Offering, Bolstering Bitcoin Holdings
Marathon Digital Holdings, a prominent player in the Bitcoin mining industry, has announced its intention to sell up to $2 billion worth of stock. This move seeks to […]
Bitcoin Mining Drives Growth in Zambia: Power Plant Revenue Soars by 30%
Zambia’s Bitcoin mining industry is experiencing a surge, fueled by Gridless Compute’s innovative approach to decentralized energy and electrification. The company’s operations have become significant contributors to the […]
Bitcoin Mining in Zambia: Gridless Partnership Fuels Rural Electrification
Zambia is witnessing a significant shift in its approach to Bitcoin mining, with a new partnership between Gridless Compute and Zengamina Hydro significantly impacting both the mining industry […]
Bitcoin Mining Machines Hit Shutdown Point as Costs Climb
Data from F2pool shows that Bitcoin mining machines like Antminer S19, Whatsminer M33S+, and Whatsminer M30S+ have hit their shutdown price on February 27th. This price was determined […]
Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility
Compass Mining, a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is significantly increasing its capacity by launching a new 20-megawatt (MW) Bitcoin mining facility in […]
Bitcoin Mining Faces Energy Crisis After 2028 Halving
The future of Bitcoin mining post-2028 halving is facing a significant challenge: rising energy costs. Mara Holdings, a prominent player in the Bitcoin mining space, has issued a […]
MARA Sees Record Earnings, Eyes AI-Driven Infrastructure Boom
Bitcoin mining firm MARA Holdings has reported record Q4 earnings, driven by strong performance in the industry. This success comes as the company is strategically positioning itself for […]
Bitdeer Stock Plunges Following Q4 Earnings Miss
Shares of Bitdeer Technologies Group plunged over 28% on February 25 following the release of disappointing fourth-quarter earnings. The company reported significantly lower revenues and net losses compared […]