Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also …
Mining
-
-
Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. …
-
While the costs of Bitcoin mining can be very high, the return on investment (ROI) is even higher for major operations with …
-
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 …
-
NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation (DFM) business. The transaction is subject to …
-
Mining
Pakistan ramps up crypto-friendly efforts with plans for energy-efficient Bitcoin mining
by shayaanby shayaanPakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to its shores. …
-
Finance
Bitcoin Mining Stocks Fall Despite Positive SEC Proof-of-Work Guidance
by shayaanby shayaanShares of some of the top publicly traded Bitcoin mining companies have fallen amid a broader market decline, even after the U.S. …
-
Pakistan plans to use extra electricity for bitcoin mining as a way to reduce wasted energy. Unlike other countries, Pakistan wants to …
-
Smart Contracts
This Week in Bitcoin: Volatility Rises as ETFs Rebound and SEC Gives OK to Mining
by shayaanby shayaanIt was another week for Bitcoin, after News from the central bank had sent the largest cryptocurrency and was then put back. …
-
Proof-of-work cryptocurrency mining does not trigger federal securities laws, according to a Thursday staff statement from the U.S. Securities and Exchange Commission …