Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with…
Bitcoin miner Core Scientific will expand its high-performance computing (HPC) infrastructure by 112 megawatts (MW) to a total of 382 MW to host CoreWeave’s NVIDIA graphics processing units (GPUs),…
Core Scientific's shares surged as much as 17% on a new deal with CoreWeave. The miner now expects to generate a total of $6.7 billion in revenue over the life of the contract, starting in the first…
Northern Data announced that its revenue in the second quarter surged by 22%, defying expectations despite the impact of the Bitcoin halving. European Bitcoin (BTC) mining company Northern Data has…
Bitcoin mining difficulty continues to increase, reaching an all-time high in early August as crypto markets crashed. In the aftermath, the profitability of miners continues to suffer as BTC mining…
Argo Blockchain PLC has today released its July 2024 operational update, reporting the mining of 48 BTC, maintaining an average of 1.5 BTC per day, consistent with June 2024. The company generated $3…
An extraordinary reveal: Mining was never banned in China. Yes, you read that right. In fact, not only was it not banned, but Chinese miners are leading the world in innovative uses of Bitcoin mining.…
Core Scientific, having sidestepped bankruptcy, remains optimistic about its business future despite a 4.4% decline in production in July. Crypto mining company Core Scientific says the future of its…
Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated…
Bitfarms said its Bitcoin production and holdings increased last month despite the rising mining difficulty, according to an Aug. 31 statement. The crypto miner revealed a 33.8% rise in Bitcoin…