Russia is reinstating a ban on cryptocurrency mining in two of its regions in Siberia, which will remain in place until the spring. The restrictions are aimed at avoiding electricity shortages in the…
In a groundbreaking move that signals growing institutional confidence, Anthony Scaramucci has spearheaded a massive $220 million funding round for American Bitcoin’s mining operations. This…
The Belarusian President Alexander Lukashenko has classified cryptocurrencies as one of the possible paths for the world to wean itself off dependence on the US dollar. The president’s remarks came…
Following Bitcoin's plunge below the $100,000 level, miners are finding it much more difficult to make money. With electricity costing $0.06 per kWh, even those miners who use efficient mining…
Bitcoin’s price is currently digging for gold, having fallen from highs above $120,000 to around $96,000, and it has triggered a sharp downturn in the mining sector, with revenues plunging to April…
Bitfarms, one of North America's leading mining companies, has announced that it plans to make a radical change in its operations and completely end Bitcoin mining within the next two years. Bitfarms…
Bitfarms will shut down its Bitcoin mining operations over the next two years and gradually convert them into AI-focused high-performance computing data centers. Summary Bitfarms will shut down its…
At block height 923328, the Bitcoin blockchain logged its 23rd difficulty adjustment of the year, marking the seventh downward shift in 2025 and easing the mining process by 2.37% for those pursuing…
Publicly traded Bitcoin miner Bitfarms will wind down its BTC operations and pivot to AI infrastructure, the firm announced on Thursday. The announcement comes alongside the firm’s third-quarter…
Bitfarms, one of North America’s largest Bitcoin miners, announced it will gradually wind down its mining operations over the next two years. The company plans to shift its focus to high-performance…