Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. …
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Bitcoin Mining Economics Improved in the First Half of November: JPMorgan
by shayaanby shayaanThe hashprice rose almost 30% in the first two weeks of the month as bitcoin mining profitability improved, the report said. The …
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Russia has approved an amendment to a draft bill introducing taxes on crypto transactions and mining activities, Interfax reported on Nov. 19. …
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Marathon Digital upsizes debt offering to $1 billion for Bitcoin expansion
by shayaanby shayaanMarathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030, to $1 …
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Bit Digital posted nearly $23 million in Q3 revenue, a 96% increase year-over-year, driven by strong growth in its high-performance computing business. …
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Bitdeer reports $50 million loss due to Bitcoin halving, increased R&D costs
by shayaanby shayaanBitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to $62 million …
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Bitcoin mining profits in Russia to face new 15% tax rules, officials say
by shayaanby shayaanThe Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and transactions. Russia is moving forward with …
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Marathon Digital eyes Bitcoin growth with $700 million in convertible notes
by shayaanby shayaanBitcoin miner Marathon Digital plans to privately issue $700 million in convertible senior notes due in 2030, according to a Nov. 18 …
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Users can now participate in BTC mining on Binance Pool and earn rewards in the form of Fractal Bitcoin. Though, the exchange …
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Mining
Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
by shayaanby shayaanThe Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have …