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 […]
GoMining Launches Institutional Division with $100 Million Bitcoin Yield Fund
GoMining has established a dedicated institutional division, GoMining Institutional, to offer structured access to Bitcoin mining opportunities for professional investors. This launch includes the debut of the Alpha […]
Russia Considers Year-Round Ban on Cryptocurrency Mining in Irkutsk Region
The Russian city of Irkutsk, known as a major center for Bitcoin mining, faces the prospect of a year-round ban on cryptocurrency operations starting April 1. This potential […]
France Proposes Exploring Bitcoin Mining for Economic Gains
The country is considering repurposing excess electricity from renewable sources for bitcoin mining, aiming to decrease waste and generate additional revenue while simultaneously boosting its economic competitiveness. The […]