Today’s PoW Mining Marvels: Scrypt Takes the Throne as 2024’s Top Algorithm
During the opening week of the year, the Kheavyhash algorithm—used for mining kaspa (KAS)—topped the profitability charts among proof-of-work (PoW)...
Mining
Bitcoin Miner Hive Bets Big on AI Boom With $30 Million Nvidia GPU Deployment in Quebec
Hive Digital Technologies, a blockchain infrastructure firm, has announced the deployment of advanced Nvidia GPUs in Quebec, marking a significant...
Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion
Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center...
Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover
Last week, the price of bitcoin took a tumble, and right alongside it, the network’s computing muscle flexed down from...
Bitfarms: Rebound Overdue or Losing the Game?
After months of turmoil and a settlement with Riot Platforms, Bitfarms’ stock performance remains disappointing. Is a rebound for $BITF...
From Oilfields to Crypto Fields: Halliburton Invests in Bitcoin Mining Startup
Halliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in...
From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant
According to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become...
Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover
The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network”...
Bitcoin Breaks Barriers: Network Hashrate Smashes 800 EH/s as BTC Eyes New Price Highs
According to the latest stats, Bitcoin’s network hashrate has soared past the 800 exahash per second (EH/s) mark, based on...
Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt
Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor...
Efficiency Meets Power: Microbt Launches New Whatsminer Bitcoin Miners in Abu Dhabi
Microbt, the well-known developer of Whatsminer application-specific integrated circuit (ASIC) bitcoin miners, revealed an exciting trio of new mining machines...
Riot Platforms to Raise Funds for Bitcoin Acquisition
Riot Platforms, Inc. announced a proposed $500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate...
From Energy Efficiency to Profitability: The Machines That Rule Bitcoin Mining
With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased earnings from...
Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław
A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech...
Bitfufu Launches Private-Label Mining Pool With Competitive Commission Rates
Bitfufu, a cryptocurrency mining service provider, announced the launch of Bitfufu Pool, a private-label mining pool offering commission rates starting...
Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader...
Hive to Expand Bitcoin Mining Power With $60M Purchase
The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network’s...
Mining Boom: Bitcoin Miners Rake in Highest Revenue Since April
Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price...
A Deep Dive into Bitcoin Mining Veteran Hut 8
A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and...
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and...
From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial...
BTC Miner Cipher Expands Texas Operations With 100 MW Data Center
Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West...
