Mining

At the start of July, Bitcoin‘s hashrate drawdown, which measures changes in the network’s computing power, dropped to levels not seen since the December 2022 bear market, indicating some miners may…

Auradine has begun shipping its new Teraflux 2800 series bitcoin mining platforms. The company claims these systems, built with 3-nanometer (nm) silicon application-specific integrated circuit (ASIC)…

Bernstein said bitcoin miners have upside from the power portfolios they control. Miners that focus on an active power strategy and efficiency are more likely to see a valuation rerating, the report…

Russia may legalize industrial crypto mining by the end of the week, media outlets in the nation have claimed. Interfax reported that the State Duma passed a third reading of a draft law that would…

Bitcoin’s mining profitability has recently seen a significant uptick, providing much-needed relief to BTC miners. Various factors have contributed to this surge in profitability, including the…

Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability…

Riot’s acquisition of rival bitcoin miner Block Mining makes sense, the report said. JPMorgan noted that Riot will have the second-largest capacity of the U.S.-listed bitcoin miners. The bank has an…

Following Bitcoin’s April halving, which cut miners’ rewards, many mining models saw “significant drawdowns” in pricing, according to Hashrate Index. The ASIC market is undergoing significant changes…

Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña…

Bitcoin miner IREN (formerly known as Iris Energy) is the latest crypto mining company looking to profit from the artificial intelligence market boom, according to its July 23 Analyst & Investor…