What happens when a rural African community generates more electricity than it can use? Could Bitcoin mining turn unused hydropower into a …
Mining
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Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also …
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Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. …
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While the costs of Bitcoin mining can be very high, the return on investment (ROI) is even higher for major operations with …
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Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 …
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NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation (DFM) business. The transaction is subject to …
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Mining
Coin Metrics Reveals Bitcoin’s Global Energy Hunt and Hidden Supply Chain Perils
by shayaanby shayaanCoin Metrics’ latest State of the Network report reveals bitcoin miners are balancing stabilized revenues and persistent fee pressures post-halving through hardware …
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Mining
Auradine Debuts US-Engineered Hydro-Cooled Bitcoin Miner With 600TH/s Output
by shayaanby shayaanU.S.-based application-specific integrated circuit (ASIC) manufacturer Auradine has launched the Teraflux AH3880, a hydro-cooled bitcoin miner engineered in the U.S. to improve …
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Mining
Report: Pakistan to Unveil Crypto-Friendly Electricity Tariffs to Lure Miners
by shayaanby shayaanPakistan is reportedly planning to develop a specialized electricity tariff regime for crypto mining and blockchain-based data centers. Pakistan Crypto Council Spearheads …
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Mining
Pakistan ramps up crypto-friendly efforts with plans for energy-efficient Bitcoin mining
by shayaanby shayaanPakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to its shores. …