Hive to Expand Bitcoin Mining Power With $60M Purchase
The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin network’s total hashrate. Competition Among Miners Intensifies as Bitcoin Inches Towards…
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Mining Boom: Bitcoin Miners Rake in Highest Revenue Since April
Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price climb, hitting levels not seen since April. Bitcoin Miners Celebrate…
A Deep Dive into Bitcoin Mining Veteran Hut 8
A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. The following guest post comes from Bitcoinminingstock.io, providing…
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big in Bitcoin Mining 16 publicly traded bitcoin mining…
BTC Miner Cipher Expands Texas Operations With 100 MW Data Center
Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas. Cipher Mining Secures Strategic Site for Bitcoin Mining Expansion…
US Imposes Import Restrictions on Bitmain ASICs: Report
The U.S. Customs and Border Protection Agency has halted imports of certain Antminer ASICs produced by Bitmain. Bitmain Rivals Spared The U.S. Customs and Border Protection Agency (CBP) has reportedly…
President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service
Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano…
Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?
Dive into Cipher Mining’s Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what’s next for this Bitcoin miner!…
MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin…
Bitcoin Bull Market May Drive Russian Miners Underground
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities…
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