Riot Platforms, a leading Bitcoin mining company, recently executed its first significant Bitcoin sale in over a year. The sale of 475 BTC was strategic, aiming to fund […]
Bitcoin Mining Booming: Institutions Fuel Growth Amidst Favorable US Climate
Institutional investors are increasingly turning to Bitcoin mining for profit, drawn by its potential profitability and favorable regulatory environment in the United States. The industry is witnessing a […]
Cipher Mining’s BTC Sale Strategy: Insights from April Operations
Recent reports by Cipher Mining have shed light on the strategic management of Bitcoin holdings in the context of industrial-scale mining. Analyzing their April operations reveals a key […]
Cipher Mining Reports April Bitcoin Production & Operations Update
Nasdaq-listed Bitcoin mining company Cipher Mining recently released an unaudited production and operations update for April. The report states that the company mined 174 BTC during the month. […]
Cipher Mining Unveils April Bitcoin Production and Sales Report
Cipher Mining, a publicly traded Bitcoin mining company listed on the Nasdaq stock exchange, recently published its unaudited production and operational update for April. The report reveals that […]
Riot Platforms Records Record Revenue in Q1 2025: Driven by Bitcoin Mining Growth
Riot Platforms achieved record revenue in the first quarter of 2025, primarily fueled by a surge in Bitcoin mining revenues. The company generated $142.9 million from Bitcoin mining […]
Riot Platforms Records High Revenue but Sees Net Loss Due to Rising Mining Costs
Bitcoin mining firm Riot Platforms reported record-breaking revenue of $161.4 million for the first quarter of 2025, a surge of 50% year-over-year. Despite this success, the company experienced […]
Kuwait Tightens Grip on Bitcoin Mining Amidst Energy Crunch and Scorching Heat
Kuwait, once a haven for Bitcoin miners seeking cheap electricity, is now facing increasing pressure to curb the practice as the nation grapples with an intensifying energy crisis. […]
Riot Platforms Reports Highest Revenue Quarter Despite Q1 Loss
Despite achieving its highest-ever quarterly revenue, Riot Platforms reported a loss in the first quarter of 2025. The Bitcoin mining company attributed this loss to increased mining costs […]
Malaysia Police Raid Illegal Bitcoin Mining Operation, Seize Equipment
Malaysian police have launched a crackdown against illicit Bitcoin mining activities in the Hulu Terengganu and Marang regions of the country. On April 30th, authorities conducted raids at […]
Bitcoin Miners Underperform: JPMorgan Report Highlights Challenges and Economic Slowdown
JPMorgan recently released a report highlighting the ongoing struggles of Bitcoin miners, particularly those heavily reliant on high-performance computing (HPC). For the third consecutive month, these miners have […]
Trump’s Bitcoin Promises Fail to Shield U.S. Mining Companies from Losses
Despite President Donald Trump’s campaign promises to boost American Bitcoin mining, the nation’s top publicly traded miners are facing steep losses in the first quarter of 2025. This […]
Nvidia AI Chip Plans Spark Bitcoin Mining Speculation
Rumors about Nvidia’s new domestic AI chip production have sparked speculation about its potential impact on the Bitcoin mining market. Despite these rumors, Nvidia has denied any direct […]
Blockstream Mining Shifts Strategy to Self-Mining and Vertical Integration
Blockstream Mining, the independent entity spun off from Blockstream earlier this year, has outlined a strategic shift towards self-mining and vertical integration of its operations. Backed by $350 […]
Blockstream Mining Shifts Focus to Self-Mining and Vertical Integration for Long-Term Success
Blockstream Mining, now an independent company following its spinout from Blockstream earlier this year, has unveiled a strategic shift towards self-mining and vertical integration. This move is backed […]