Bitdeer Invests $4 Million to Buy 50 More BTC, Holdings Reach 1,011 BTC
Singapore-based mining firm Bitdeer has acquired 50 BTC for $4 million at an average price of $81,475, according to a Feb. 28 X post. This brings the company’s total bitcoin…
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Bitcoin Miner MARA Sees Revenue Soar 69% in 2024
MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s Block Wins Rise 25% Bitcoin miner and publicly…
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan…
Crypto Mining Equipment Manufacturer Bgin Blockchain Plans $50 Million IPO
Singapore-based Bgin Blockchain Limited has filed with the U.S. Securities and Exchange Commission for an initial public offering (IPO) expected to raise up to $50 million. The company plans to…
Russian Bitcoin Mining Ban Yielding Results in Siberia
The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region’s…
MARA Holdings Acquires Texas Wind Farm to Power Bitcoin Mining
Bitcoin miner MARA Holdings Inc. acquired wind farm in Hansford County, Texas, to power its operations with renewable energy, reduce costs, and extend the life of its application-specific integrated circuit…
Monero Mining Malware Hits Users Downloading Game Torrents
According to Kaspersky, the campaign started last December, targeting users who are downloading torrents of popular games with a silent install of XMRig, a monero mining program. Crypto Malware Targets…
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto…
Bitcoin Mining’s Power Brokers: A Deep Dive Into the Top 15 Companies and Their Financial Architects
Institutional investors now hold pivotal stakes in 15 major cryptocurrency mining firms, with asset managers like Vanguard, Blackrock, and Fidelity steering ownership across an increasingly competitive sector. Inside the Top…
Bitcoin’s Final Million: 20 Million BTC Milestone to Precede 2028 Halving
Not long ago, the Bitcoin blockchain released 94.42% of its total supply, leaving only—or 174,583.24 bitcoins—to be mined until 20 million are in circulation. Calculations indicate that this milestone will…
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