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According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law…

HIVE Digital Technologies Ltd (NASDAQ:HIVE) shares are trading higher. The company on Monday announced Bitcoin (CRYPTO: BTC) production numbers for May.

Bitfarms Ltd (NASDAQ:BITF) shares are trading lower. The company on Monday announced the adoption of a shareholder rights plan amid a recent takeover initiative from Bitcoin (CRYPTO: BTC) miner Riot Platforms.

Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin…

In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May.

David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency…

The chip will enhance Bitcoin mining performance, minimize power consumption, lower costs and reduce its environmental footprint.

One of the biggest bitcoin miners in the country recently got an unsolicited buyout offer. In this story, we explore why the company declined the deal, as well as how it might evaluate other potential deals. We also explore the company's…

Iris Energy Ltd (NASDAQ:IREN) stock is trading higher. The company on Thursday issued its monthly operations update.

In a recent development, Bitcoin (CRYPTO: BTC) mining company Riot Platforms Inc. (NASDAQ:RIOT) has increased its stake in competitor Bitfarms Ltd. (NASDAQ:BITF) to 12%.

Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjust operations after the halving event.

To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas.

Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry titans, command a formidable 55.5% of Bitcoin’s total…

Shares of Bitcoin (CRYPTO: BTC) miner Riot Platforms Inc (NASDAQ:RIOT) on Tuesday provided a production and operations update.

Bitcoin (CRYPTO: BTC) miners are investing millions into artificial intelligence (AI) businesses, expecting billions in return as they diversify their operations.

Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The…

The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production.

Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that the network has…

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguay shut down the largest illegal bitcoin mining operation to date, Argentine and Salvadoran…