B Riley raised Core Scientific to buy from neutral, and lifted its price target to $13 from $0.50. Core is a future leader in high-performance computing hosting, the report said. The bitcoin miner has…
Paraguay has shut down more than 70 illegal bitcoin mines in the past five years, according to the country’s national energy supplier. Illegal mines in Paraguay reportedly steal up to $60 million…
North Tonawanda will implement a two-year suspension on all crypto mining developments in the city to tackle noise pollution from data centers. This comes after the city’s Common Council unanimously…
Bitcoin is up 7% over the last five days. You know what that means? Bitcoin mining is so back (until bitcoin’s price falls 5% over a five-day stretch again, after which it’ll be so over again). With…
Despite recent takeover attempts and staff changes, analysts at H.C. Wainwright believe that Bitfarms’ future is bright. On Wednesday, Bitcoin mining company Bitfarms hosted a virtual fireside chat…
Bitcoin miner Crusoe Energy announced a new multibillion-dollar deal with energy tech company Lancium to build a data center for artificial intelligence in Texas. Crusoe Energy, one of the first…
Riot Platforms—one of the largest Bitcoin mining companies in the world—is set to boost its hashrate capacity to new heights after purchasing 33,280 mining rigs from MicroBT, a leading manufacturer of the machines needed to mine new coins.…
Hangzhou-based Canaan, one of the industry's largest manufacturers of crypto mining machines, is up 16% in premarket action after reporting a 60% increase in revenue to $342.8M in the fourth quarter. The…
Australian bitcoin miner Mawson Infrastructure (MIGI) has expanded its Sandersville, Georgia mining facility to 230 megawatts (MW), which will be capable of generating up to 7.5 exahash per second (EH/s) mining…
With electricity theft becoming more common in Malaysia for cryptocurrency mining, the Malaysian police shut down three cryptocurrency mining operations in Klang on Thursday. In a joint operation with the Tenaga…