Crypto mining firm BitFuFu has acquired a data center in Oklahoma for $20 million. According to reports, the NASDAQ-listed firm revealed that …
Mining
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Bitcoin mining is a tough business. When one considers deploying economic resources to mine traditional commodities such as gold, copper or oil, …
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The hashrate of Bitcoin has been declining for a few weeks. Taking as a reference the seven-day moving average calculated by Hashrate …
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By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners. …
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The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power …
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Mining
US Bitcoin miners pivot to AI and HPC amid fee revenue uncertainty – VanEck
by shayaanby shayaanBitcoin (BTC) miners are increasingly shifting toward artificial intelligence (AI) and high-performance computing (HPC) as transaction fee revenues remain inconsistent, according to …
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Bitcoin miner MARA Holdings Inc. acquired wind farm in Hansford County, Texas, to power its operations with renewable energy, reduce costs, and …
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Mining
Bitcoin miner Riot tells Texas Congress state Bitcoin reserve needed to ‘prepare for future downturns’
by shayaanby shayaanRiot Platforms’ VP of Research, Pierre Rochard, yesterday testified before the Texas Senate Committee on Business and Commerce in support of Senate …
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Mining
Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
by shayaanby shayaanRussian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network …
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Economic research firm Perryman Group has revealed that Bitcoin mining has contributed more than $4 billion to the US gross domestic product …