Bitcoin Mining Industry Generates 31,000+ Jobs in the US: Report
The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of…
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Illegal Bitcoin Mining Operation Exposed After Fire Erupts in Malaysian Home
Malaysia was rocked by an unexpected discovery on Tuesday when an explosion and billowing smoke from a house along Lorong Cekara Purnama, Bandar Puncak Alam, led authorities to uncover an…
US Officials Crack Down on Bitcoin Mining Hardware Imports: Report
Bitcoin mining hardware is facing increased scrutiny from US officials. Recent seizures at entry points hint at a broader enforcement push that could impact major manufacturers and miners alike. At…
This Metric Indicates Bitcoin Miners Are Capitulating: CryptoQuant
As bitcoin (BTC) continues to trade a few thousand dollars below $100,000, miners are struggling to run their operations, and as a result, most of them are capitulating. A report…
Solo Miner Hits Jackpot, Earns $310K for Mining a Bitcoin Block
A Bitcoin miner has successfully mined Block 883,181, securing a reward of approximately $310,000. The miner, who operated independently without the backing of a major mining company, solved the cryptographic…
Bitcoin Hash Rate Hits New All-time High, How Are Miners Coping?
It is becoming increasingly difficult to mine blocks on the Bitcoin network. In other words, the security of the leading crypto network is rising by the day, and this is…
Despite Crypto’s Growth, Coinbase Remains the Only Major Public Exchange: CoinGecko
Coinbase stands as the largest publicly traded blockchain company, with a market cap of $71.2 billion as of February 8, 2025. This figure places it far ahead of its closest…
Bitdeer Buys $21M Land in Canada for 99MW Bitcoin Mining Facility
Bitdeer has made a step toward becoming a fully integrated Bitcoin mining company with a recent $21 million land acquisition in Canada. The company revealed on Tuesday that it has…
HIVE Digital Buys Bitfarms’ Paraguay BTC Mine for $56M
HIVE Digital has finalized the acquisition of Bitfarms’ partially completed 200-megawatt Bitcoin mining facility in Yguazú, Paraguay, for $56 million. The deal includes an upfront payment of $25 million due…
Grayscale Announces Bitcoin Mining Industry ETF (MNRS)
On Jan. 30, the firm announced the Grayscale Bitcoin Miners ETF with the ticker MNRS. The product is a passively managed ETF tracking the mining industry and the Indxx Bitcoin…