Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million revenue from …
Mining
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Introduction Real estate is an energy-intensive industry. During construction, significant energy resources are required for operating heavy machinery and equipment, as well …
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Mining
Trump’s support couldn’t stem top US BTC miners losing $190 million in Q1 2025
by shayaanby shayaanPresident Donald Trump has made high-profile campaign promises to champion U.S. Bitcoin mining. However, the nation’s leading publicly traded crypto miners are …
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Mining
Malaysian Police Raid $8,000-a-Month, 45-Machine Bitcoin Mining Operation
by shayaanby shayaanMalaysian police have cracked down on yet another illegal Bitcoin mining operation, this time in the Hulu Terengganu and Marang districts in …
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Mining
Bitcoin Miners With HPC Exposure Underperformed BTC for Third Straight Month: JPMorgan
by shayaanby shayaanBitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in …
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Mining
Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch
by shayaanby shayaanBitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight month of …
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Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign …
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Mining
Terengganu Police Dismantle Bitcoin Mining Syndicate in Electricity Theft Crackdown
by shayaanby shayaanTerengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations in Hulu …
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Mining
Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort
by shayaanby shayaanThe bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion …
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At the TOKEN2049 conference in Dubai, Binance co-founder Changpeng Zhao (CZ) commended Bhutan’s strategic initiative to incorporate cryptocurrencies into its national reserves, …