Bitcoin Miner Financial News

23.07 / 06:56

markets COST Digital Sustainability Bitcoin Bitcoin Miner HIVE Digital Unveils Plan for 100-Megawatt Bitcoin Mining Site in Paraguay

HIVE Digital Technologies has announced plans to construct a 100-megawatt Bitcoin mining facility in Paraguay, marking its first venture into the country.

02.08 / 16:04

markets UPS BTC Bitcoin reports Bitfarms Bitcoin Miner Bitfarms Sees 34% Monthly Earnings Boost from Fleet Upgrades and Expansion

Bitfarms, a global vertically integrated Bitcoin mining company, has reported a 34% month-on-month (MoM) increase in earnings in its recent production report. The increase is primarily attributed to recent fleet upgrades and expansion.

23.07 / 13:13

marathon digital Marathon Bitcoin Miner Marathon Digital Fined $138 Million for Breaching Non-Disclosure Agreement

Major Bitcoin mining company Marathon Digital Holdings has been hit with a substantial fine of $138 million.

13.07 / 07:17

BLOCK Bitcoin Miner Jack Dorsey’s Block Strikes Deal to Supply Bitcoin Mining Chips to Core Scientific

Jack Dorsey’s Block has sold its first 3-nanometer mining ASICs to Bitcoin miner Core Scientific, according to a July 10 statement.

13.07 / 06:54

security Sustainability Research Bernstein Bitcoin reports Bitcoin Miner Bernstein: Bitcoin Miners Offer Strategic Advantage in AI Data Center Projects

Bitcoin miners are emerging as attractive partners for the construction of artificial intelligence (AI) data centers, benefiting from their available power supplies and operational capabilities.

12.07 / 23:39

UPS Patrick trends Bitcoin Bitcoin Miner Bitcoin Miner TeraWulf Clears Debt, Plans Operational Upsurge

Bitcoin miner TeraWulf announced Monday that it paid off its remaining debt early. This move aims to boost the company’s flexibility to meet rising demand for energy infrastructure, including applications such as powering generative AI technology.

12.07 / 15:19

Bitcoin Miner Illegal Crypto Miners in Malaysia Stole $723M Worth of Electricity Since 2018

Illegal crypto mining operators in Malaysia have stolen $723 million worth of electricity between 2018 and 2023.

25.06 / 19:31

crypto mining Bitcoin Miner Bitcoin Mining Isn’t To Blame For Increasing Texas Power Demand

Everything is bigger in Texas, including the Bitcoin mining industry . The Lone Star State has grown to become one of the largest Bitcoin mining hubs in the world.

20.06 / 16:55

markets BTC trends Trade Bitcoin Bitcoin Miner Bitcoin Miner Reserves Drop to 1.90M BTC, Lowest Level in Over 14 Years

Bitcoin miner reserves have reached their lowest level in more than 14 years, falling to 1.90 million BTC as of June 19, 2024. This significant decline marks the lowest point since February 2010, reflecting a trend where miners hold less Bitcoin on their balance sheets.

02.06 / 10:25

Bitcoin Miner stake acquires Tether acquires $100 million stake in US-Listed bitcoin miner Bitdeer

Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to purchase an additional $50 million in shares within a year. The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday. Cantor Fitzgerald & Co. acted as the placement agent.

07.05 / 02:11

Bitcoin Halving marathon digital Bitcoin Miner Here’s How Bitcoin Miners Performed Last Month After The Halving

The largest Bitcoin miners have published their monthly performance figures for the first time since the Bitcoin network’s fourth halving event last month.

01.05 / 03:19

markets BTC CEO CryptoQuant Research Bitcoin Bitcoin Miner NOT Bitcoin Miners Not Showing Capitulation Signs, Says CryptoQuant CEO

CryptoQuant CEO Ki Young Ju explained on April 30 the dilemma facing Bitcoin miners post-halving. According to the researcher, miners are now at a crossroad – they can either capitulate to current market conditions or await a potential BTC price increase.

26.02 / 17:58

Hash Rate Bitcoin Miner Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations

On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate change, as key threats to its operations.

26.02 / 07:11

Survey Bitcoin EIA Bitcoin Miner Texas Miners’ Lawsuit Spurs EIA to Temporarily Halt Bitcoin Miner Survey

A US judge has temporarily halted the Energy Information Administration’s (EIA) attempt to enforce a mandatory survey on Bitcoin miners.

17.02 / 01:55

Blockchain COST Provident ETF security Bitcoin Bitcoin Miner Bitcoin Miner Stock Gains Surpass Bitcoin. The Halving May Change That.

Bitcoin miner stocks are outpacing the price of Bitcoin, which hit its highest level since 2021 as the cryptocurrency goes mainstream with the recent approval of a Bitcoin Exchange-Traded Fund (ETF).

09.02 / 14:23

CEO wellness Trade President Bitcoin reports Updates exits Bitcoin Miner Bitcoin miner Hut 8 CEO exits three weeks after short-seller allegations

Hut 8 Corp., one of the largest publicly traded bitcoin mining companies, named Asher Genoot to succeed Jaime Leverton as chief executive, three weeks after a short-seller released a report critical of its recent merger.

24.01 / 08:31

NASDAQ Bitcoin Bitcoin Miner Bitcoin Miner Core Scientific Announces Post-Bankruptcy Comeback to Return to Nasdaq

Core Scientific has announced its return to the Nasdaq following a comprehensive reorganization post-bankruptcy.

21.01 / 10:13

Bitcoin Hut 8 Bitcoin Miner Hut 8 Responds to Short Seller Report Accusing Bitcoin Miner of Malpractice

Bitcoin miner Hut 8 has expressed confidence in its latest partnership with USBTC following a controversial report released by JCapital Research warning investors of possible risks.

19.01 / 12:57

Bitcoin Hut 8 PUMP Bitcoin Miner Bitcoin Miner Hut 8 Accused of a Pump and Dump Scheme, HUT Shares Plummet

Bitcoin miner Hut 8 has been accused of hiding stock ownership in a perceived pump-and-dump scheme. The accusation comes from an unconfirmed report by JCapital Research.

17.01 / 13:00

Mining Bitmain Bitcoin Bitcoin Miner Bitcoin Miner Core Scientific Overcomes Bankruptcy, Eyes Stock Market Return

The major US-based Bitcoin miner Core Scientific has emerged from bankruptcy. The company is now preparing to return to the stock market.

09.01 / 01:37

markets UPS BTC security Bitcoin Equality Bitcoin Miner Bitcoin Miner CleanSpark Buys Another $193 Million Of Mining Equipment After Stock Downturn

As Bitcoin’s (BTC)’s price surges to multi-year highs, mining firm CleanSpark has closed another nine-figure infrastructure deal to help the company seize as many newly minted units of BTC as possible.

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