Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 …
Mining
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The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% …
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Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. …
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Mining
Bitcoin miners may find better returns in AI than crypto, Novogratz’s Galaxy Digital suggests
by shayaanby shayaanBitcoin miners with the right infrastructure and management talent can gain substantial value by pivoting into the booming AI and HPC data …
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Mining
Bitcoin mining pushes sustainability agenda with over 50% of energy generated from renewables
by shayaanby shayaanSustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre …
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Mining
Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares
by shayaanby shayaanBitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed …
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Cryptocurrency analytics firm Alphractal announced that selling pressure from Bitcoin miners has dropped to its lowest level since May 2024. According to …
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A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies …
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In a new report, CoinShares offers important insights into the economics of Bitcoin (BTC) mining, which is evolving following the network’s 2024 …
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Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations …