Ethiopia’s Grand Renaissance Dam powers Bitcoin mining, generating 18% of Ethiopian Electric Power’s revenue from digital assets. Renewable energy fuels Bitcoin mining …
Mining
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From Chinese Car Firm to Crypto: Cango Quietly Becomes a Bitcoin Mining Giant
by shayaanby shayaanAccording to a report from Blockspace Media, there’s a new entity on the block that has quietly climbed to become the third-largest …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Merry Christmas and Happy Hanukkah to those who …
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Mining
Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy
by shayaanby shayaanDespite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%. At the market opening on Dec. 9, the miner …
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Bitcoin ends the year with gains, but mining stocks are deeply in the red
by shayaanby shayaanPublic mining companies have posted deep losses in 2024, based on data from Hashrate Index, tracking the biggest miners and data center …
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From Oilfields to Crypto Fields: Halliburton Invests in Bitcoin Mining Startup
by shayaanby shayaanHalliburton, the world’s second-biggest oilfield services firm, has taken a step into the bitcoin (BTC) mining space by investing in Austin-based startup …
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Russia Bans Crypto Mining in 10 Regions Until 2031: Key Details Revealed
by shayaanby shayaanRussia has announced a major decision to regulate cryptocurrency mining by banning it in 10 regions until 2031. The restrictions, which will …
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Bitmain launches US production line to outmaneuver geopolitical trade tensions
by shayaanby shayaanBitcoin mining hardware giant Bitmain announced the launch of a new US-based production line, a strategic move aimed at mitigating delays caused …
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Senator Ted Cruz wants Texas to be a global leader in cryptocurrency, seeing Bitcoin as a symbol of freedom. Ted supports crypto-friendly …
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Mining
Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion
by shayaanby shayaanTerawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center infrastructure to …