The Federal Energy Regulatory Commission (FERC) has taken a significant step in regulating the cryptocurrency industry by approving its first enforcement settlement related to Bitcoin mining. This groundbreaking […]
Bitdeer Secures $60 Million to Bolster ASIC Production Amidst Competition Surge
Bitcoin mining firm Bitdeer has secured a significant loan of $60 million to bolster its ASIC manufacturing capabilities as competition intensifies in the market. This funding comes amidst […]
Bitcoin Miners Face Double Blow of Equipment Costs and ETF Competition, Report Finds
New research from Bitwise reveals that U.S. Bitcoin miners are facing a double whammy: rising equipment costs due to tariffs and increasing competition from products like Exchange-Traded Funds […]
HIVE Digital Reaches New Milestone in Paraguay, Shares Surge
Canadian Bitcoin mining company HIVE Digital announced the completion of its flagship 100-megawatt facility in Paraguay. This milestone marks a significant step towards achieving their goal of 25 […]
Tether Doubles Down on Bitcoin Mining: Diversification Amidst Market Volatility
Amidst market turbulence affecting Bitcoin mining firms, Tether is forging ahead with its investment strategy in the space. The stablecoin giant has significantly increased its stake in Bitdeer, […]
Trump’s Bitcoin Mining Strategy: Challenges from Increased Tariffs
President Donald Trump’s goal of bringing Bitcoin mining back to America faces obstacles as increased tariffs impact the industry. By April 2025, American miners will face import tariffs […]
Bitcoin Mining Industry Faces Challenges, But Resilience Points to Potential Growth
A recent report by cryptocurrency analysis firm Alphractal reveals concerning trends in the Bitcoin mining industry. While Bitcoin’s price remains strong, the overall market value of mining companies […]
Auradine Secures $153 Million in Series C Funding for Expansion
Auradine, a California-based manufacturer of bitcoin mining hardware, has closed a $153 million Series C funding round, signaling a period of significant growth and expansion. The investment will […]
BitDeer Shifts Strategies: Expanding US Bitcoin Mining amidst Tariffs
BitDeer, a prominent player in the Bitcoin mining industry, is adapting its strategy amid ongoing tariff challenges. The company, which operates data centers globally, plans to expand its […]
CleanSpark Embraces Self-Funding Strategy to Navigate Crypto Market Volatility
CleanSpark is taking a proactive approach to its financial future, announcing plans to begin selling a portion of its Bitcoin earnings each month. This move aims to achieve […]
Tether and OCEAN Join Forces for Decentralized Bitcoin Mining
Tether has forged a new partnership with OCEAN Protocol to significantly advance decentralized Bitcoin mining initiatives. The companies announced their collaboration at Tether’s headquarters today, focusing on enhancing […]
Applied Digital’s Stock Plummets After Earnings Miss
Applied Digital (APLD), a company specializing in Bitcoin mining hosting and cloud services, experienced a dramatic stock drop on Tuesday, falling over 30% to $3.90 in early trading. […]
CleanSpark Shifts Strategy, Selling Bitcoin Production to Fund Growth
Bitcoin miner CleanSpark has altered its capital strategy by transitioning away from a strict 100% Bitcoin HODL policy. The company secured a $200 million credit facility from Coinbase […]
Nature’s Miracle Holding Secures $2 Million for Bitcoin Mining Expansion
Nasdaq-listed company Nature’s Miracle Holding Inc. (NMHI) has secured a $2 million funding agreement, including an initial $600,000 investment from Big Lake Capital. This follows NMHI’s acquisition of […]
Bitcoin Mining Profitability Drops: Expert Analysis Unveils Key Insights
Recent data reveals a decline in Bitcoin mining profitability, signaling a potential shift in market dynamics. An analysis by investment bank Jefferies attributed this decrease to falling Bitcoin […]