Bitdeer Announces $100 Million Investment From Tether
On Friday, the publicly listed mining company Bitdeer Technologies Group revealed that the leading stablecoin firm Tether has purchased $100...
Mining
Bitfarms rejects Riot’s unsolicited acquisition offer
Bitfarms said on May 29 that it rejected Riot Platform’s unsolicited acquisition proposal because the offer undervalued the company.The proposal,...
Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’
Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer...
Tether partners with Swan to expand Bitcoin mining operations
Stablecoin issuer Tether has expanded its mining endeavors by collaborating with Swan’s Managed Bitcoin Mining service.According to the press statement,...
Shifting Sands of Bitcoin Mining: How Hydro-Cooling Tech is Leading the Charge Post-Halving
Now that the halving has occurred and fees are at a six-month low, the profitability of application-specific integrated circuit (ASIC)...
Bitcoin miner Marathon partners with Kenya to capitalize on excess energy
Marathon Digital Holdings has partnered with Kenya to monetize underutilized energy. Marathon chairman and CEO Fred Thiel signed the agreement...
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in...
Core Scientific reports $210.7 million in Q1 net income, 2,825 BTC production
Core Scientific reported a $210.7 million net income for the first quarter on May 8. The change represents an increase...
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have...
Marathon reports record $337.2 million net income in Q1 2024
Marathon Digital Holdings reported a record net income of $337.2 million in 2024’s first quarter.The firm’s quarterly net income, published...
Tether CTO clarifies rumors around photo of a container with the ‘Tether Energy’ logo
Paolo Ardoino, the CTO of Tether, posted a picture of large industrial containers sporting the logo of Tether Energy on...
Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss
Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite...
Riot Platforms power strategy reaps $31.7M in Texas energy credits
Continuing its strategic shift aimed at mitigating losses, Riot Platforms, a prominent Bitcoin miner, continues to capitalize on Texas’s energy...
Cambridge Bitcoin Energy Consumption Index lowers estimate by 14%, revises methodology
The Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks global Bitcoin energy consumption, has undergone its first major update since...
Starfield Mining Guide – THE RIGHT WAY!
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US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal
Data center operator US Bitcoin Corp (USBTC) will host 8,500 Bitcoin (BTC) miners with an estimated hashrate of 820 petahash...
Beginners Guide to Starfield Outposts and Automation
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POW COIN NEWS- The current state of KASPA mining
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Lufthansa Airlines Debut NFT Loyalty Program on Polygon
One of the biggest airlines, Lufthansa, has recently announced the launch of its dedicated NFT loyalty program. It will reward...
