MARA Holdings, Inc. (NASDAQ: MARA) has reported first quarter 2025 earnings, announcing $213.9 million in revenue—a 30% increase from Q1 2024—as the …
Mining
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Mining
CleanSpark Reports $181.7M in Q2 Revenue, Stays on Course to Hit 50 EH/s Bitcoin Mining Target
by shayaanby shayaanCleanSpark, American Bitcoin mining company, announced its financial results for the second quarter of fiscal year 2025, reporting $181.7 million in revenue …
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The Bitmain Antminer L7 is an ASIC crypto miner specialized for the Scrypt algorithm, which is used to mine the popular cryptocurrencies …
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Get ready to dive into the latest buzz from the world of Bitcoin mining! MARA Holdings, a significant player formerly known as …
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In the heart of contea di Elk, in Pennsylvania, a mining crypto project powered by natural gas has stirred up a storm …
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Hive Digital Technologies, the Canadian company, specialized in Bitcoin mining, has decided to invest heavily in Latin America, identifying Paraguay as a …
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In a move that perhaps surprised many onlookers, Cango Inc., a company traditionally known for its automotive transaction services, has rapidly become …
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Mining
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
by shayaanby shayaanThis week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining …
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A recent Cambridge report confirms that the United States now leads global Bitcoin mining, prompting questions about how China will respond. Though …
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Mining
Marathon Digital Downgraded to Sell at Compass Point, Citing Unsustainable Cash Burn
by shayaanby shayaanInvestment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn. “There’s better …