Colorado-based Bitcoin mining company Riot Platforms has acquired its Kentucky-based competitor Block Mining to increase its operational capacity by 16 EH/s. Bitcoin (BTC) miner Riot Platforms has…
Canaccord raised its Iris Energy share-price target to $15 from $12. The bitcoin miner has ample power supplies and high-performance computing options, the report said. Iris can monetize the…
A lone-wolf Bitcoin miner hit the jackpot today by processing a block on the biggest cryptocurrency’s network. The block contained 4,365 transactions and was processed at 12:43pm ET on Wednesday. The…
MicroBT, a leading innovator in the Bitcoin mining industry, unveiled its latest WhatsMiner M6XS+ series during the Bitcoin 2024 conference in Nashville, TN. The new series, featuring air-cooling,…
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…