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On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even further, hitting 976 EH/s—just 24 EH/s shy of the colossal…
Canaan has withdrawn from two of its bitcoin mining locations—Kazakhstan and an underperforming hosting site in South Texas—as part of a shift to optimize its operations. This article is from…
UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if…
On Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second (EH/s). From Exahash to Zettahash: Bitcoin’s March Toward 1,000 EH/s…
Two of the largest U.S. Bitcoin mining giants took contrasting approaches to capital raising in Q2, with MARA ramping up equity issuance while Riot relied more on debt financing and…
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its…
Eight days ago, the network hit a peak of 943 exahash per second (EH/s). Since that high point on July 26, roughly 44.8 EH/s has vanished. Bitcoin Hashprice Falls 11.65%…
American Bitcoin Corporation (ABC), the Trump family-backed Bitcoin mining firm, is nearing completion of its backdoor merger with Gryphon Digital Mining to go public on Nasdaq. This article is from…
WhiteFiber, Bit Digital’s (BTBT) HPC/AI subsidiary, just launched its IPO under WYFI. I dug into the filings to break down key details and what it means for both companies. A…
Bitcoin miners struck gold in July, hitting their highest earnings since the April 2024 halving. In fact, July’s mining income jumped approximately 19.42% higher compared to June. Bitcoin Miners Rejoice…