Auto Added by WPeMatico
Riot shares experienced a recovery on June 5 following a report from short seller Kerrisdale Capital. The paper, released just before the Nasdaq opened, accused Riot of mismanagement and predicted…
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry…
The supply of bitcoin held by miners has dwindled to levels not seen in over 14 years. This massive decline in miner reserves comes at a time when the broader…
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production…
U.S. Senator Ted Cruz, a long-time supporter of crypto, has announced the purchase of three application-specific integrated circuit (ASIC) Bitcoin miners, initiating mining operations in Iraan, Texas. Notably, Cruz has…
On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100 million in Bitdeer shares. Additionally, Tether holds an option to…
Riot Platforms Inc., a leading crypto mining company, has announced its intention to acquire Bitfarms Ltd., another significant player in the Bitcoin mining industry. Riot has already acquired a 9.25%…
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms…
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC) mining rigs has shifted significantly. It is now essential to…
According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi,…