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Bitcoin Is Digital Oil Well Fueling Rural Texas Economic Revival, Mayor Says

Mayor Ward Roddam of Rockdale, Texas, sees bitcoin mining as the key to his town’s resurgence after the devastating closure of its largest employer, Alcoa. Comparing it to Texas’ oil…

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Bitcoin Miner Terawulf Offloads 25% Stake in Equity to Bolster AI and HPC Operations

Bitcoin miner Terawulf Inc. has completed the sale of its 25% stake in the Nautilus Cryptomine joint venture for approximately $92 million. The company said this week that it intends…

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MARA Purchases Bitcoin in September, Expands Hashrate, and Holds Mined BTC

MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month. MARA…

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Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months

Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin’s value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven…

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Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects

The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth.…

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September Slump: Bitcoin Miners See 2024’s Lowest Revenue

According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s…

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Hashprice Gains Give Bitcoin Miners a Much-Needed Boost After Sluggish Month

Bitcoin miners are finally catching a break after a sluggish September, with hashprice climbing 10.33% in the past 30 days. A solid 8.93% of that bump came within the last…

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Swan Bitcoin Sues Former Executives Over Alleged Theft of BTC Mining Business

Swan Bitcoin has sued several former employees, accusing them of illegally taking highly prized components of its BTC mining business. Filed on September 25, the lawsuit claims these executives, now running…

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Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business

A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to…

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