Cryptocurrency mining company Bitdeer has expanded its holdings of Bitcoin (BTC) following a successful mining week. The company mined 122.4 BTC and subsequently sold 66.1 BTC, resulting in […]
Tether Halts Uruguay Operations Due to Energy Disputes
Tether has suspended its cryptocurrency mining operations in Uruguay after escalating energy costs and tariff disputes crippled the project. The company cited unpaid electricity bills nearing $5 million […]
China’s Underground Bitcoin Mining Resurges: Reaches 14% Hashrate
Despite a 2021 crackdown that forced miners offline, China is quietly regaining its position as a major player in the Bitcoin mining world. Recent estimates indicate China reclaimed […]
Unlock $9,000 Daily Passive Income through Bitcoin and Dogecoin Mining on CLS Mining
While XRP prices remain volatile, with many investors stuck in a prolonged loss-making phase after the SEC lawsuit, the stable daily yield model offered by CLS Mining presents […]
American Bitcoin Achieves Profitability: Strategies Behind Surge
American Bitcoin has announced a significant turnaround, reporting a net profit of $3.5 million in the third quarter of 2024. This marks a reversal from previous losses and […]
Earn Passive Income with CreditBlockchain: Cloud Mining for Crypto Enthusiasts
Since its founding in 2013, CreditBlockchain has become a global leader in cloud mining services, providing convenient and low-risk ways for investors to earn passive income from cryptocurrencies. […]
CleanSpark Invests in AI: Building a New Future for Mining Companies
CleanSpark, a leading U.S.-based Bitcoin mining company, is making a significant leap into the field of artificial intelligence (AI) by securing a 271-acre site in Texas. This site […]
Cipher Mining Soars 32% After Major Amazon Deal, Signaling Shift Towards AI Hosting
Cipher Mining’s stock soared over 32% following a significant $5.5 billion deal with Amazon Web Services (AWS). This agreement signifies a major shift in the crypto mining industry, […]
Iran Tightens Crypto Mining Crackdown, Targeting Unauthorized Operations
Iran is intensifying its crackdown on unauthorized cryptocurrency mining by focusing on power-consuming devices, according to official statements. Over 95% of crypto miners in the country operate without […]
Over 95% of Iran’s Crypto Mining Devices Operating Illegally
Iran faces a severe illegal crypto mining crisis, with authorities estimating that nearly all of the country’s 427,000 active mining devices operate without authorization. Akbar Hasan Beklou, CEO […]
Canaan to Supply Bitcoin Mining Rigs for Japan’s Grid Stabilization Project
Canaan, a leading mining hardware producer, has secured a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) to power a project aimed at […]
Canaan Secures Major Contract to Power Japan’s Grid Stability
Canaan Inc., a leading provider of Bitcoin mining hardware, has secured a significant contract in Japan for its Avalon A1566HA hydro-cooled servers. This deal will see the company […]
Ionic Digital Refiles IPO, Signaling Renewed Push for Public Offering in Crypto Mining
Crypto mining giant Ionic Digital has refiled its S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), a significant signal that the company is aiming to […]
British Columbia Enacts Permanent Ban on New Crypto Mining Power Connections
British Columbia has implemented a permanent ban on new crypto mining power connections to address the escalating demand for energy and support AI growth. This follows an 18-month […]
British Columbia Bans New Crypto Mining Connections to Power Grid
The British Columbia government has implemented a ban on new connections for crypto mining to the province’s hydroelectric power grid, citing unprecedented demand and a desire to prioritize […]