HIVE Digital starts construction on a 100 MW hydroelectric Bitcoin mining facility in Paraguay to expand its mining capacity. The company projects …
Mining
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MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA’s …
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Mining
Bitcoin Mining Difficulty Falls Amid Crypto Price Slump—But Should Climb Again
by shayaanby shayaanMining Bitcoin just grew easier amid recent weeks’ crypto markets swoon, although the trend is unlikely to continue, experts in the space …
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Mining
Bitcoin Miners Drawing Power From Grids Will Face ‘Reckoning’ Post Next Halving, MARA Says
by shayaanby shayaanBitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings …
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Genesis Digital Assets Limited (GDA) is expanding its bitcoin (BTC) mining operations in West Texas with a 50-megawatt (MW) energization increase across …
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Mining
Wall Street Crypto Miner’s Stocks Collapse as BTC Price Slips Below $90K
by shayaanby shayaanShares of major publicly listed Bitcoin (BTC) mining companies tumbled this week as the oldest cryptocurrency continued its retreat below the critical …
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Mining
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
by shayaanby shayaanBitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including …
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Mining
Bitdeer Stock Drops 20% as ASIC Development Leads to Half a Billion Loss
by shayaanby shayaanThe Singapore-based Bitcoin miner Bitdeer saw its stock drop on Tuesday, after disclosing a fourth-quarter loss of $532 million amid its push …
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Mining
AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace
by shayaanby shayaanAnyone paying attention to public bitcoin miner markets will know that artificial intelligence (AI) and business pivots to high performance compute (HPC) …
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Riot Platforms, the publicly listed Bitcoin (BTC) miner from Wall Street (NASDAQ: RIOT), announced record financial results for 2024, reporting $376.7 million …