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Tag: 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%…

Bitcoin Hash Ribbons Signal First Buy Since $25K BTC
bitcoinbtc

Bitcoin Hash Ribbons Signal First Buy Since $25K BTC

Zenia JohnstonJune 4, 2024June 4, 2024

Bitcoin is set for significant growth as a well-known on-chain metric suggests the bull run is about to resume. In…

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…

El Salvador Mines Bitcoin with Volcanic Energy
bitcoin

El Salvador Mines Bitcoin with Volcanic Energy

Jan BlattMay 15, 2024May 15, 2024

Since 2021, El Salvador has mined a total of 474 Bitcoin, valued at $29 million, by harnessing volcanic geothermal energy.…

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…

Bitcoin Miner Wins 3.125 BTC Lottery with Valid Block
bitcoinbtc

Bitcoin Miner Wins 3.125 BTC Lottery with Valid Block

Barty MagallanesApril 29, 2024April 29, 2024

A Bitcoin miner has accomplished a rare and impressive feat by successfully solving a Bitcoin block on their own, earning…

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…

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