Bitcoin hit an all-time-high and mining stocks soared on the very same day Donald Trump won the U.S. presidency. Explore Trump’s bold …
Mining
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What is Bitcoin mining? Bitcoin mining serves two main functions: securing transactions and introducing new Bitcoins into circulation. Miners use specialized hardware …
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Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and …
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Mining
Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals
by shayaanby shayaanBitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses …
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Cryptocurrency mining firm HIVE Digital has released its October production results, showcasing a 51% year-over-year growth in its Bitcoin portfolio value. Global …
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Mining
Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture
by shayaanby shayaanJack Dorsey’s payment firm Block (SQ) plans a renewed focus on building equipment for bitcoin (BTC) miners and its self-custody crypto wallet, …
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Mining
Galaxy Digital explores AI potential in response to Bitcoin mining slowdown
by shayaanby shayaanGalaxy Digital is the latest Bitcoin mining firm exploring a shift to AI, driven by increasing competition and rising mining difficulty within …
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Mining
Michael Novogratz’s Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls
by shayaanby shayaanGalaxy Digital signed a non-binding deal with a U.S.-based hyperscaler firm to turn all its 800 megawatts of mining capacity into hosting …
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Mining
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
by shayaanby shayaanHodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. …
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Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a …