As the Bitcoin landscape expands in 2025, miners are prioritizing efficiency, power output, and long-term profitability. The latest generation of ASIC miners boasts advancements in technology that make […]
Riot Platforms Doubles Credit Facility with Coinbase to $200 Million
Cryptocurrency mining company Riot Platforms has significantly expanded its credit facility with Coinbase Credit, increasing the agreement to $200 million from its previous $100 million arrangement. This expansion […]
Russia Aims to Shift Crypto Mining to Northern Regions
Russia is exploring a strategic shift in its approach to cryptocurrency mining. Deputy Energy Minister Yevgeny Grabchak has revealed plans to potentially relocate miners to northern regions with […]
Bitdeer Q1 Report: Revenue Down, Net Income Soars
Bitdeer Technologies’ Q1 2025 earnings report reveals a stark contrast between its revenue decline and net income surge. Total revenue dropped by 41.3% year-over-year to $70.1 million, while […]
BlockDAG’s X100 Miner: A Game-Changer for Serious Crypto Mining
The BlockDAG X100 miner has emerged as the go-to choice for miners aiming to maximize gains in 2025. This powerful device boasts a hash rate of up to […]
Malaysia’s Electricity Theft Soars as Crypto Mining Spikes
Illegal cryptocurrency mining is behind a significant surge in electricity theft cases in Malaysia, according to Odaily. The country has seen a staggering 300% rise in these thefts […]
BTC Digital Acquires Georgia Land for Cryptocurrency Mining Expansion
BTC Digital, a Nasdaq-listed Bitcoin mining company, has acquired 62 acres of land in Vienna, Dooly County, Georgia, for $2.1 million. This acquisition includes existing factories and facilities. […]
Crypto Miner Ditches Pennsylvania Site, Leaving Abandoned Wells Behind
Diversified Energy, a cryptocurrency mining company, has abruptly vacated its natural gas-powered site in Elk County, Pennsylvania. The company reportedly left behind unplugged wells and violated environmental regulations. […]
Riot Platform Secures Record Bitcoin Production in Q1
Riot Platform, a publicly traded mining company listed on the Nasdaq Stock Exchange, has released its first quarter financial results. The company generated $161.4 million in revenue and […]
Hive Blockchain Expands into Paraguay: Boosting Mining Capacity & Economic Opportunities
Hive Blockchain is significantly growing its mining operations by entering Paraguay. This strategic move increases their global capacity, impacts local energy markets, and influences cryptocurrency trends globally. The […]
Shifting the Landscape: How Decentralization Will Shape the Future of Cryptocurrency Mining
A recent analysis published in Bitcoin Magazine reveals a significant trend shaping the cryptocurrency mining industry – a shift towards smaller-scale, localized, and decentralized models. This move addresses […]
Cloud Mining: A Solution for Profitable Bitcoin Mining in the Energy Crisis
The global energy crisis is driving up electricity prices, making traditional Bitcoin mining less profitable and unsustainable. However, cloud mining offers a solution by outsourcing the process to […]
Cipher Mining Suffers Major Losses, Shares Drop Amidst Expansion Plans
Shares of Cipher Mining Inc., a US-based cryptocurrency mining firm, plummeted nearly 17.5% on February 25th after the release of its full-year 2024 financial results revealed significant operating […]