For years, Bitcoin mining has been dominated by large-scale operations and complex setups, leaving ordinary users out of the loop. However, a new blockchain project is revolutionizing the […]
Block Unveils Open-Source Bitcoin Mining Chip, Proto: Expanding Decentralization in 2025
Block Inc. has announced plans to launch its open-source Bitcoin mining chip, Proto, in late 2025. This move marks a significant entry into the hardware manufacturing side of […]
Block Develops Bitcoin Mining Chip Amidst Tariff Challenges
Block CEO Jack Dorsey has announced the company’s plan to launch its Bitcoin mining chip, Proto, in the United States, aiming to counter growing trade barriers and manufacturing […]
Compass Mining Unveils New 30 MW Bitcoin Mining Facility in Iowa
Compass Mining has brought its new state-of-the-art bitcoin mining facility in Iowa online, marking a significant step forward in the company’s growth strategy. Phase I of the project, […]
Bitcoin Market May Signal Rally: Average Miner Cost Shows Potential Boom
Industry analysis suggests that Bitcoin’s recent rally, which has seen a 25% surge since its April low, might be foreshadowing an upcoming price increase. A key metric known […]
Russia Imposes VAT on Mining Equipment Rentals to Overseas Firms
The Russian Ministry of Finance has proposed a value-added tax (VAT) on businesses renting out mining equipment or data centers to foreign entities, aiming to clarify the taxation […]
Russia Plans VAT on Mining Equipment Rentals to Overseas Firms
The Russian Ministry of Finance is proposing a value-added tax (VAT) on businesses that rent mining equipment or data centers to overseas firms and mining pools. This new […]
U.S. to Sign Mining Deal with Ukraine: Impact on Economic Ties to be Significant
The U.S. Treasury is poised to sign a mining deal with Ukraine, potentially signaling a significant shift in economic ties between the two countries. This agreement comes as […]
Bitcoin Miners Sell $850 Million at Peak, Raising Questions About Market Impact
Bitcoin miners recently sold approximately $850 million worth of Bitcoin (943 BTC) as the price climbed to a new all-time high above $94,500. This action, coinciding with an […]
U.S. Bitcoin Dominates Global Mining Market as Clean Energy Use Increases
The United States leads the global Bitcoin mining landscape with a commanding 75.4% share, according to a recent Cambridge Digital Mining Industry Report published in April 2025. This […]
US Leads Bitcoin Mining with 75.4% Share, Green Energy Grows
A new report from the Cambridge Centre for Alternative Finance (CCAF) reveals that North America now accounts for 82.5% of global Bitcoin mining power. The report’s findings are […]
Bitcoin Mining Hits 52.4% Sustainable Energy, Exceeds Musk’s Threshold for BTC Acceptance
Recent data reveals that Bitcoin mining has achieved a record-breaking 52.4% sustainable energy use, surpassing Elon Musk’s previously established threshold of 50%. This significant leap, according to the […]
Compass Mining Inaugurates New 30 MW Bitcoin Mining Facility in Iowa
Compass Mining has officially launched its new state-of-the-art self-owned Bitcoin mining facility in Iowa, with Phase I now operational at 8 megawatts. Construction of the remaining capacity is […]
Phoenix Group Doubles Bitcoin Mining Capacity in Ethiopia
Phoenix Group has significantly expanded its Bitcoin mining operations in Ethiopia, adding 52 megawatts (MW) to its existing capacity. This expansion brings the company’s total mining capacity in […]
U.S. Aims to Boost Bitcoin Mining with Power Infrastructure Investments
U.S. Commerce Secretary Howard Lutnick announced plans to accelerate bitcoin mining in America, focusing on expanding the nation’s power infrastructure and reducing reliance on the public grid. This […]