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According to new research from the Cambridge Centre for Alternative Finance (CCAF), North America now accounts for 82.5% of the global Bitcoin mining power. The report draws from survey responses…
TL;DR The crypto market showed impressive signs of resurgence in the past week, but investors might have used these opportunities to dispose of some BTC and ETH holdings. Bitcoin miners…
While market volatility pressures Bitcoin mining firms to liquidate assets for survival, Tether is charting a different course. In fact, the stablecoin giant has significantly deepened its involvement in the…
Hut 8 Corp. has launched American Bitcoin Corp, a majority-owned subsidiary designed to focus on industrial-scale Bitcoin mining and reserve development. This move follows the crypto mining company’s strategic decision…
Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced…
Recent developments suggest a thaw in US enforcement actions against Chinese-manufactured cryptocurrency mining equipment. After months of detainment at ports, thousands of units are now being released. Partial Release of…
A Bitcoin mining pool is a group of miners who combine their computational (hash) power to boost their chances of mining new blocks. To explain more simply, the miners connect…
Popular Bitcoin mining and digital infrastructure company Riot Platforms announced record-breaking financial results for the year 2024, as a result of a significant increase in mining revenue and strategic acquisitions.…
A sudden dip in Bitcoin’s hash rate has sparked discussions within the crypto community. Though fluctuations are not uncommon, the scale of this decline draws comparisons to past major disruptions.…
Rosseti Group, Russia’s power grid company, reported losses exceeding 1.3 billion rubles – which is worth around $14.2 million – in 2024 due to unauthorized cryptocurrency mining operations, also known…