BiXBiT and Cormint's new custom firmware dramatically enhances Bitcoin mining efficiency. The pilot program reduced switching losses by 60%, significantly increasing revenue. Their collaboration earned top performance ratings by ERCOT,…
Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large…
Riot Platforms Inc. (NASDAQ:RIOT) has initiated a special shareholder meeting at Bitfarms Ltd. (NASDAQ:BITF), aiming to secure votes for three new board members as part of its strategy to acquire the competing Bitcoin (CRYPTO: BTC) mining…
Hut 8 Corp (NASDAQ:HUT) shares are rising Monday while other Bitcoin (CRYPTO: BTC) mining stocks fall alongside the price of bitcoin. Hut 8 on Monday announced a $150 million strategic investment to build a next generation AI…
Bitcoin mining company Marathon Digital Holdings (NASDAQ:MARA) is making waves with a novel environmental initiative – launch of a 2-megawatt pilot project in Finland, that leverages the heat generated by Bitcoin (CRYPTO: BTC) mining to…
Bitcoin is down about 4.5% over the last 24 hours and has fallen approximately 6.5% over the last week, driving weakness in the broader crypto space and in crypto-related stocks. Miner bitcoin holdings have fallen to their lowest levels in…
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half.
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies…
As Bitcoin enters a new cycle following the halving event in April 2024, the landscape of Bitcoin mining continues to evolve. Mining plays a crucial role in maintaining the sustainability of the Bitcoin ecosystem, yet the industry has…
Several Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ:; read more
According to a house listing from Dallas, Texas, a crypto mining house is for sale in a residential neighborhood. The brick home is equipped with all the necessary supplies to start a data center, including a fully integrated liquid…
Shares of Bitcoin (CRYPTO: BTC) mining company CleanSpark Inc (NASDAQ: CLSK) on Tuesday announced the acquisition of five new mining facilities. Here’s what you need to know.
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the…
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro…
In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin…