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Category: mining

Bitfarms Expands to Pennsylvania, Rivaling Riot’s Growth
btcmining

Bitfarms Expands to Pennsylvania, Rivaling Riot’s Growth

Thomas PittJune 14, 2024June 14, 2024

Bitfarms Ltd., a prominent Bitcoin (BTC) mining company, has announced its expansion into the United States, specifically in Sharon, Pennsylvania,…

Bitfarms Implements Shareholder Plan Amid Riot Takeover Bid
marketmining

Bitfarms Implements Shareholder Plan Amid Riot Takeover Bid

Jaquenetta WotringJune 10, 2024June 10, 2024

Bitcoin mining company Bitfarms has recently introduced a shareholder rights plan, a strategic move that comes just 10 days after…

Bitdeer Unveils Efficient Bitcoin Mining Chip
mining

Bitdeer Unveils Efficient Bitcoin Mining Chip

Lynna FallsJune 7, 2024June 7, 2024

Bitdeer Technologies, a prominent player in the Bitcoin mining sector, recently unveiled the SEAL04 chip in its technology roadmap, integrated…

Bitcoin Halving Cuts Riot’s Revenue by 43% Despite New Facility
mining

Bitcoin Halving Cuts Riot’s Revenue by 43% Despite New Facility

Percy GablerJune 5, 2024June 5, 2024

Bitcoin mining company Riot Platforms saw a notable drop in production for May, generating just 215 BTC—a decline of 43%…

Public Bitcoin Miners Secure $2B Pre-Halving Financing
mining

Public Bitcoin Miners Secure $2B Pre-Halving Financing

Hestia BirkholzMay 21, 2024May 21, 2024

Leading Bitcoin mining firms have bolstered their financial reserves in preparation for the recent halving event that took place in…

Bitcoin’s Ordinals: Runes and Mining Subsidy
btcmining

Bitcoin’s Ordinals: Runes and Mining Subsidy

Halie HerrmannMay 10, 2024May 13, 2024

According to ViaBTC, a cryptocurrency mining pool, transaction fees from applications like Ordinals, Runes, and BRC-20s will be crucial in…

Marathon Digital Engages with Kenyan Government on Crypto Policy and Energy Use
cryptomarketmining

Marathon Digital Engages with Kenyan Government on Crypto Policy and Energy Use

Rudyard RustMay 6, 2024May 6, 2024

Crypto mining company Marathon Digital is currently engaged in talks with the Kenyan government regarding the country’s cryptocurrency policy and…

Sqaure merchants embrace Bitcoin with Cash App’s new feature
bitcoinbusinessmining

Sqaure merchants embrace Bitcoin with Cash App’s new feature

Hestia BirkholzApril 25, 2024April 26, 2024

Block, the fintech company founded by Jack Dorsey, has introduced a new feature that allows Square merchants to allocate a…

World’s Fastest Bitcoin Miner Raises $80M
bitcoinmining

World’s Fastest Bitcoin Miner Raises $80M

Deeann SlyeApril 10, 2024April 10, 2024

Auradine, a startup specializing in web infrastructure and cryptocurrency mining hardware and software solutions, recently announced the successful completion of…

Paraguay’s Bitcoin Mining Ban Risk: $200M Annual Loss
mining

Paraguay’s Bitcoin Mining Ban Risk: $200M Annual Loss

Edie BrasherApril 8, 2024April 8, 2024

The Paraguayan economy could suffer significant losses if a bill to ban cryptocurrency mining is passed by lawmakers. The draft…

Bitcoin Mining Upgrade to Offset Halving Effects for Bhutan’s DHI
bitcoinmining

Bitcoin Mining Upgrade to Offset Halving Effects for Bhutan’s DHI

Jean-pierre SlocumbApril 5, 2024April 5, 2024

The sovereign investment arm of Bhutan, known as Druk Holding and Investments (DHI), along with its Bitcoin mining partner Bitdeer…

Gryphon’s Attempt to Block $10M Escalates Sphere 3D’s Legal Issues
bitcoinexchangemining

Gryphon’s Attempt to Block $10M Escalates Sphere 3D’s Legal Issues

Cristabel TovarMarch 30, 2024March 30, 2024

A new development has occurred in the ongoing legal battle between Bitcoin miners Sphere 3D and Gryphon Digital Mining. Gryphon…

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