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Phoenix Group recently activated a 30 MW hydropower-backed crypto mining facility in Addis Ababa, Ethiopia, in partnership with Ethiopian Electric Power (EEP). Aggressive African Expansion The Abu Dhabi cryptocurrency mining…
Bitcoin mining stocks limped into the weekend after bitcoin’s 7.8% weekly dip to $101,827 sent hashprice to its lowest point since April. According to bitcoinminingstock.io, the sector’s top 20 publicly…
Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and Weiss Asset Management.…
On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right…
Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month. NIP Group Scales…
Cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads, marking one of…
Bitcoin mining giant MARA has filed a federal lawsuit seeking to block a planned Nov. 4 local election in Hood County, Texas, alleging that county officials unlawfully placed a municipal…
Want to amplify Bitcoin’s upside without touching leverage or derivatives? ETFs like $WGMI, $MNRS, and $NODE offer a compelling way to ride the cycle, with built-in diversification and exposure to…
New figures reveal that mining the privacy coin zcash (ZEC) has become a serious money-maker after the digital asset’s price rocketed more than 200% this month. The rally lit a…
Canaan revealed it has inked a 4.5-megawatt deal to deploy its Avalon A1566HA hydro-cooled mining servers in Japan to help balance and stabilize the nation’s power grid. Canaan’s Avalon Systems…