Mining

Bitcoin’s mining network could face a difficulty adjustment on the lower side for the first time in nearly four years. The difficulty could go down 9% within the next five days, which would be the…

Bitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to $130 million, up from $65 million. The amended agreement also comes with a…

Momentum signals are also holding up. The Relative Strength Index (RSI) is sitting at 69, near overbought levels but still pointing to continued interest from bulls. A recent bullish cross in the…

CleanSpark (CLSK), a U.S.-based bitcoin BTC$106,199.49 mining firm, said Tuesday that it reached 50 exahashes per second (EH/s) of operational hashrate — a milestone that makes it one of the largest…

Bitcoin BTC$105,283.79 mining profitability rose by 18.2% in May, due to a 20% increase in the BTC price and a modest 3.5% gain in the network hashrate, investment bank Jefferies said in a research…

The Norwegian government is preparing to take a new step towards cryptocurrency mining facilities, which are notable for their high energy consumption. Norway’s Labor government plans to temporarily…

Cipher Mining (CIFR) has begun bitcoin BTC$103,760.80 production at its 300-megawatt (MW) Black Pearl facility in Texas, the company announced on Monday. The launch marks a key milestone for the…

HIVE Digital Technologies (HIVE) has signed an agreement to buy a 7.2-megawatt data center in Toronto, Canada, aiming to transform it into a cornerstone for artificial intelligence (AI) infrastructure…

Green Minerals AS, a pioneer in deep-sea mining and sustainable mineral extraction, announced today that it has adopted the Bitcoin Treasury Strategy. The company positions this move as the first step…

The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions, Girya…