Mining

Crypto mining firm BitFuFu has acquired a data center in Oklahoma for $20 million. According to reports, the NASDAQ-listed firm revealed that it has signed a definitive agreement, making it one of the…

Bitcoin mining is a tough business. When one considers deploying economic resources to mine traditional commodities such as gold, copper or oil, prospecting for those resources in the field is always…

The hashrate of Bitcoin has been declining for a few weeks. Taking as a reference the seven-day moving average calculated by Hashrate Index, after reaching the new all-time high at 850 Eh/s on…

By early 2025, Russia’s Bitcoin mining capacity had topped 11 GW, but only around 3 GW was reportedly used by legal miners. Bitcoin (BTC) mining sector in Russia grew in 2024 as the number of mining…

Bitcoin (BTC) miners are increasingly shifting toward artificial intelligence (AI) and high-performance computing (HPC) as transaction fee revenues remain inconsistent, according to a recent VanEck…

After months of rapid expansion, Bitcoin’s hashrate growth slowed down in January, according to the latest report from TheMinerMag. The network’s difficulty saw its first decline since September,…

Riot Platforms’ VP of Research, Pierre Rochard, yesterday testified before the Texas Senate Committee on Business and Commerce in support of Senate Bill 21, which would establish a state Bitcoin…

HIVE Digital Technologies, the publicly listed Bitcoin (BTC) miner (NASDAQ: HIVE) has announced the appointment of Craig Tavares as President and Chief Operating Officer of its Buzz HPC division,…

The total hashrate of the U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) has almost doubled from a year ago and now accounts for about 29% of the global network, the bank said in a report…

Economic research firm Perryman Group has revealed that Bitcoin mining has contributed more than $4 billion to the US gross domestic product (GDP) in 2024. The firm disclosed this in its new report,…