American Bitcoin claims that it “was formed through the strategic contribution of substantially all of Hut 8’s ASIC fleet into a new …
Mining
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The Blockchain and Digital Mining Association of Kazakhstan estimates that the country’s flared gas might produce somewhere between 1.2 and 1.3 terawatt-hours …
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Key Takeaways Kazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations. Oil companies can …
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Bitcoin’s seven-day average hashrate has fallen to roughly 915.8 EH/s while miner holdings dropped by 1,530 $BTC over one week, according to …
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Bitcoin miner Riot Platforms this week repaid a $200 million credit facility from Coinbase Credit, releasing its collateral. The facility had been …
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This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) …
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Mining
Will Kazakhstan’s new Bitcoin mining strategy evolve into an AI compute playbook?
by shayaanby shayaanThe decree that Kazakhstan’s President, Kassym-Jomart Tokayev, signed in July to allow oil producers to run a direct flared gas to off-grid …
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CleanSpark, Inc. has closed a massive debt deal that puts fresh financial muscle behind its Bitcoin mining and data center ambitions. The …
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Mining
Bitcoin Miner Hive Escalates Swedish VAT Dispute to European Commission
by shayaanby shayaanKey Takeaways Sweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery. Hive argues it provides taxable compute power, meaning …
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Hut 8 has emerged as the winning bidder for two Texas data center sites formerly operated by bankrupt crypto miner Poolin. The …