Publicly traded bitcoin mining firms suffered significant losses, with market capitalization dropping by an estimated 25% in March. This decline came amid a combination of factors including declining […]
Bitcoin Mining Power Hits New Highs, But Network Usage Remains Low
Bitcoin’s network has reached a record-breaking level of hash rate, exceeding 838 exahashes per second (EH/s) according to Glassnode. This surge in mining power comes despite concerns over […]
Trump’s Tariff Announcement: Impact on Bitcoin Mining Industry
President Donald Trump’s recent tariff announcement is having a ripple effect on the Bitcoin mining industry, specifically impacting US-based companies with global supply chains. Companies like Bitmain Technologies, […]
Bitcoin Mining Suffers Major Loss as Market Value Plummets $6 Billion
Publicly traded Bitcoin miners suffered a dramatic decline in market value during March, with 14 companies losing an estimated $6 billion, according to a report from JPMorgan. This […]
BlockDAG Revolutionizes Crypto Mining with Hybrid DAG & PoW Technology
BlockDAG (BDAG) is shaking up the cryptocurrency landscape by introducing a novel hybrid approach to blockchain technology. This innovative platform combines the speed and efficiency of a Directed […]
Bitfarms Secures $300 Million to Launch Panther Creek Project
Bitfarms has secured a substantial $300 million investment from Macquarie, paving the way for its Panther Creek HPC project in Pennsylvania. This funding will bolster Bitfarms’ mining capabilities, […]
Hut 8 Forms New Mining Company with Trump Family Backing, Aims for Public Listing
Canadian bitcoin miner Hut 8 has joined forces with American Data Centers, a firm backed by the Trumps—Eric and Donald Jr.—to launch a new mining company, American Bitcoin. […]
Unlock Free Crypto with BlockDAG’s Innovative Mining Tools
As cryptocurrency continues to evolve, new possibilities are emerging across various projects. The Sui ecosystem is taking security to the next level, streamlining transactions and paving the way […]
Trump-Linked Crypto Mining Firm Considers IPO
Gryphon Digital Mining, a company linked to former President Donald Trump, is exploring an initial public offering (IPO). The company’s plans for growth and expansion reflect a growing […]
Trump-Backed Bitcoin Mining Venture to Go Public: Partners Include Trump Family Members
American Bitcoin Corp., a bitcoin mining venture backed by the Trump family, is preparing for its public debut. The company’s partnership with Hut 8 Corp., another major publicly […]
Bitcoin Miners Lose $6 Billion in March: JPMorgan Paints Grim Picture of Crypto Market
March proved a difficult month for U.S.-listed Bitcoin miners, as the market suffered significant losses according to a recent report from financial giant JPMorgan. The firm reported a […]
Hut 8 CEO Sees Potential for Partnership with Trump Family to Build Bitcoin Mining Business
Asher Genoot, CEO of Hut 8, discussed the rationale behind launching an American Bitcoin venture in a Bloomberg interview. The company will leverage its mining rigs as part […]
Bitcoin Mining Shifts to Renewable Energy Sources by 2030
Crypto compliance group MICA Crypto Alliance predicts that 70% of the energy used for Bitcoin mining will come from renewable sources by 2030. Their report, ‘Mining the Future: […]
Hut 8 Acquires American Bitcoin: Boosting Efficiency and Market Position
Hut 8, a major player in the crypto mining industry, has acquired a controlling stake in American Bitcoin. This strategic move combines various mining resources under the American […]
Hut 8 Acquires Majority Stake in American Bitcoin to Boost Mining Operations
Cryptocurrency mining company Hut 8 has acquired a controlling stake in American Bitcoin, consolidating its operations under the new brand. This move, spearheaded by prominent figures including Donald […]