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…
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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…
Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K
Based on the most recent data using the seven-day simple moving average (SMA), bitcoin’s hashrate climbed to an unprecedented peak on Nov. 21, reaching 776 exahash per second (EH/s) for…
From Bitcoin to AI: Core Scientific’s $6.1 Billion Denton Transformation
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy…
Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive
Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner…
Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence…
Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban following…
Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The…
BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels
As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256 hashrate reaching the highest peak in 152 days.…
Bitfufu Secures $100 Million Credit Line From Antpool Technologies
Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In…
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