The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power…
Before the bitcoin halving, many experts were forecasting disaster for the cryptocurrency. JPMorgan projected prices would drop to $42,000, saying the market was overbought. Others said any potential gains post-halving were already priced…
Bit Digital Inc (NASDAQ:BTBT) shares are rising Thursday on the heels of the Bitcoin (CRYPTO: BTC) mining company’s first-quarter financial results. Here’s a look at what you need to know.
PRESS RELEASE. Dubai, UAE – Enegix Global, a leading player in the digital mining infrastructure industry based in the UAE, is excited toannounce the launch of its new brand, 21pool. The brand’s flagship product is a bitcoin mining pool…
In a landmark development, Oklahoma became the first state in the U.S. to declare self-custody of Bitcoin (CRYPTO: BTC) and other cryptocurrencies a fundamental right.
Shares of Bitcoin (CRYPTO: BTC) miner Bit Digital Inc (NASDAQ:BTBT) are moving higher in Wednesday’s after-hours session after the company reported better-than-expected read more
Bitcoin underwent its fourth “halving” earlier this month, and while this typically results in a bullish spike in prices, this year will see a major reckoning in this digital space–and the winners will be those with the lowest all-in costs…
On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq and Toronto Stock Exchange (TSX), announced it has secured an additional 100 megawatts (MW) of power from Paraguay’s state-owned utility firm, ANDE. The 100 MW is…
Countries around the world are realizing that energy-intensive Bitcoin mining brings serious environmental and economic risks and are taking steps to limit, or even ban, the industry. The rapid growth of Bitcoin mining threatens the…
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan.
Bitcoin mining compnay, TeraWulf, reported quarterly losses of 3 cents per share which missed the analyst consensus estimate of earnings of 4 cents per share. Quarterly sales came in at $42.433 million, missing the analyst consensus…
Toronto-based Bitcoin (CRYPTO: BTC) mining firm Bitfarms (NASDAQ: BITF) fired CEO Geoffrey Morphy on Monday, effective immediately, after he filed a lawsuit against the ...
Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages against the mining firm.
Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver. Edward Snowden has issued a stern warning to Bitcoin developers, urging them to enhance privacy features at the…
In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s net income for the same period was $126.7 million. Gary A. Vecchiarelli, the CFO…