American Bitcoin, the mining company backed by Eric and Donald Trump Jr., is reporting its strongest financial results yet. The firm hit a significant profit mark for Q3, […]
American Bitcoin Corp. Sees Massive Q3 Profit Surge After Merger with Gryphon Digital Mining
American Bitcoin Corp.’s (ABTC) Q3 financial performance shows a significant boost, exceeding expectations and driving market buzz. The company reported a substantial increase in its Bitcoin reserves, adding […]
Bitcoin Miners Deposit $7 Billion Worth of BTC to Binance Amid Price Drop
In a move signaling potential selling pressure, Bitcoin miners have deposited over 71,000 BTC into Binance since early November. This significant exchange inflow follows a period of price […]
Bitcoin Mining Machine Prices Exceed Shutdown Thresholds
Data from Antpool reveals that several Bitcoin mining machines, including models like the Antminer S19 series and those below the Whatsminer M60 series (such as the Whatsminer M53S++ […]
Bitdeer Shares Plunge Amidst Financial Pressures and Operational Issues
Shares of Bitdeer, a Bitcoin mining company led by Wu Jihan, experienced a dramatic decline at the start of trading on U.S. stock exchanges, dropping approximately 20% to […]
Bitdeer Stock Plummets After Ohio Facility Fire
A fire at Bitdeer’s Massillon, Ohio facility has sent the cryptocurrency company’s stock plummeting. The incident on Tuesday caused damage to two of the 26 buildings under construction, […]
Canaan’s $1610 Bitcoin Reserve: A Glimpse into the Strategies of a Crypto Powerhouse
Cryptocurrency mining companies like Canaan offer insights into how to manage their digital assets for long-term success. The company’s recent disclosure of its substantial Bitcoin holdings offers valuable […]
Auradine Launches Teraflux ASICs with 3nm Hydro-Cooling: New U.S. Competitor Emerges
Auradine Inc. has debuted the Teraflux series of Bitcoin mining ASICs featuring 3nm chip technology and hydro-cooling in March 2025, showcasing them at events within the United States. […]
Bitcoin Miners Need Control Over Energy for Survival in Consolidating Industry
Cryptocurrency mining firms must take control of their energy infrastructure to survive as the industry consolidates following the recent Bitcoin halving event. This shift from asset-light models, where […]
Crypto Mining Rigs Explained: The Heart of Blockchain Networks
A crypto mining rig is a specialized computer system designed for cryptocurrency mining. It utilizes high-performance GPUs or ASICs (Application-Specific Integrated Circuits) to solve complex cryptographic puzzles and […]
Bitcoin Mining Under Pressure: Three Threats Threaten Profits
MARA Holdings CEO Fred Thiel reveals the mining industry is facing its toughest challenges yet, potentially reshaping the entire cryptocurrency landscape. A perfect storm of increasing competition, rising […]
AI Revolutionizing Cryptocurrency Mining: A Game Changer?
The cryptocurrency mining industry is facing a major shift as artificial intelligence (AI) emerges as a powerful force for change. Declining block rewards are forcing miners to reevaluate […]
Bitcoin Mining Industry Embraces Expansion via Strategic Financing
A leading bitcoin mining company has unveiled ambitious financing plans, driven by a need to upgrade its infrastructure and enhance technological capabilities. This strategic move follows a surge […]
CleanSpark Raises $1.15 Billion to Expand Bitcoin Mining Operations
CleanSpark, a publicly traded Bitcoin mining company listed on the Nasdaq, has secured funding of $1.15 billion through a convertible note offering. The investment will fuel significant expansion […]
Bitdeer Doubles Bitcoin Reserves to $2.029B in Q3, Driven by Market Expansion
Cryptocurrency mining giant Bitdeer has demonstrated remarkable growth in its Bitcoin holdings, adding a significant 527 BTC to its reserves during the third quarter. The company’s impressive revenue […]