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Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer

Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million…

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Senator Ted Cruz Acquires 3 Bitcoin ASIC Miners, Begins ‘Hashing’ in Texas

Republican Senator Ted Cruz from Texas has announced that he purchased three application-specific integrated circuit (ASIC) bitcoin miners. “I just bought 3 Bitcoin miners that started hashing today in Iraan,…

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Australian Court Rules Against BPS Financial for Unlicensed Crypto Operations

The Federal Court of Australia has ruled against BPS Financial for operating “Qoin Wallet” without proper licenses. The Australian Securities and Investments Commission (ASIC) underscores the importance of regulatory compliance…

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LAPD Recovers $6.9 Million Worth of Stolen Bitcoin Mining Rigs, Suspects in Custody

The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $6.9 million. The Commercial Crimes Division’s Cargo Theft Unit announced the…

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Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis

New developments in the Bitcoin mining space have Hut8 vice president Sue Ennis convinced that well positioned miners will thrive after the next BTC halving.

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Bitcoin mining researchers claim new tech ups winning hash chance by 260%

UK-based research company Quantum Blockchain Technologies has developed algorithmic search methods that boost Bitcoin mining efficiency and reward probability, CEO Francesco Gardin says in an interview.

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