Marathon Digital sold debt to buy bitcoin, after BTC mining profits deteriorated this year. The miner is following Michael Saylor's footsteps in using borrowed money to add BTC to its balance sheet.…
The bitcoin mining sector is in the middle of a wave of M&A, the report said. Architect Partners said miners want to secure large data center capacity with access to low cost power and capital.…
By turning to artificial intelligence (AI), Bitcoin miners could unlock significant new revenue streams, potentially increasing annual profits to nearly $14 billion by 2027. This prediction comes from…
The recent increase in electricity costs has begun to reshape the landscape for bitcoin miners in Paraguay. As energy prices rise, industry representatives express concerns about the long-term…
Concerns are mounting within the crypto community about Bitcoin’s increasing centralization, which some fear could threaten the foundational principles of the world’s first digital asset. Recent data…
Institutional investors are being drawn to Bitcoin mining companies for their artificial intelligence (AI) potential, but they may end up reaping unexpected benefits from cryptocurrency bull…
Thailand authorities raided an illegal Bitcoin (BTC) mining operation in Ratchaburi, a town west of Bangkok on Friday, the South China Morning Post reported on Sunday. The raid took place after…
Bitcoin’s hashrate is on the rise once again, edging closer to the peak levels seen at the end of July. Despite a recent 4.19% dip in difficulty during the last retarget, current projections suggest…
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began,…
The National Power Administration of Paraguay (ANDE) has recently detected and seized an illegal bitcoin mining operation hosting 693 miners. ANDE inspectors detected a tampered meter that failed to…