Tag: mining
Everything you need to know about crypto mining.
A.R.T. Digital Secures Exclusive Agreement with Forced Physics to Transform Bitcoin Mining Cooling Technology
Reading Time: 4 minutesAustin, Texas, 20th January 2025, Chainwire
Fire Token Launches Presale for Tokenized Bitcoin Mining Operation in Canada
Reading Time: 2 minutesCalgary, Canada, 13th January 2025, Chainwire
What Are ASIC Miners?
Reading Time: 2 minutesAn ASIC miner, or Application-Specific Integrated Circuit miner, is a specialized piece of hardware used for cryptocurrency mining.
CleanSpark’s Bitcoin Holdings Exceed 10K
Reading Time: < 1 minuteUS Mining firm CleanSpark has announced that it now holds 10,097 Bitcoin in its treasury.
What is a Mining Pool?
Reading Time: 3 minutesMining pools have become an integral part of the cryptocurrency landscape, playing a crucial role in the process of creating new digital coins.
MARA Lent Over 7,000 BTC Last Year
Reading Time: < 1 minuteMARA, formerly known as Marathon Digital, lent out 7,377 Bitcoin to third parties in 2024, according to a January 3 announcement from the Bitcoin mining company.
Bitcoin Mining: What Is It?
Reading Time: 2 minutesIn simple terms, Bitcoin mining is the process of creating new bitcoins through the use of powerful computers and solving complex mathematical equations.
Russia Bans Cryptocurrency Mining for 6 Years
Reading Time: < 1 minuteThe Russian government has approved a list of regions and territories where cryptocurrency mining will be prohibited next year.
Prosper Acquires 7,000 ASIC Miners from BITMAIN and Secures Strategic Funding to Democratize Bitcoin Mining
Reading Time: 3 minutesDubai, United Arab Emirates, 13th December 2024, Chainwire
MARA Holdings Acquires $1.1B in Bitcoin
Reading Time: < 1 minuteMARA Holdings Inc., a leader in Bitcoin mining, yesterday purchased 11,774 additional Bitcoins for $1.1 billion.
BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining
Reading Time: 2 minutesCayman Islands, Cayman Islands, 14th November 2024, Chainwire
Bitcoin Hashrate Reaches a New Record High
Reading Time: < 1 minuteThe latest data from Glassnode reveals that the seven day moving average for Bitcoin’s hashrate has reached a record high of 703 exahashes per second (EH/s).
BC.GAME Announces Launch of $BC Mining Rush Event with 1 Billion $BC Token Prize Pool
Reading Time: 2 minutesWILLEMSTAD, Curacao, 30th September 2024, Chainwire
Crypto Firms Bitfarms and Riot Platforms Reach an Agreement
Reading Time: < 1 minuteA joint settlement agreement has been reached between rival Bitcoin mining companies, Riot Platforms and Bitfarms, effectively ending Riot’s attempted hostile takeover.
CleanSpark Purchases 2 Mining Sites in Mississippi
Reading Time: < 1 minuteBitcoin miner CleanSpark has recently acquired two Bitcoin mining sites and accompanying land in Clinton, Mississippi, with a combined purchase price of $5.775 million.
Bitcoin Miner Wins $180,000 Reward After Solving a Block
Reading Time: < 1 minuteOne individual Bitcoin miner has accomplished a rare achievement by solving a block on their own, earning them approximately $180,000.
Japanese Energy Company TEPCO to Venture into Green Mining
Reading Time: < 1 minuteA subsidiary of TEPCO, a Tokyo-based company, is venturing into Bitcoin mining with the goal of using renewable energy that would otherwise go to waste.
Thailand’s Police Raids an Illegal Bitcoin Mine
Reading Time: < 1 minuteOn Sunday, Thailand’s police and electricity authorities revealed that they had conducted a raid on an illegal bitcoin mine located in a local town.
Mining Firm Bitfarms Purchases Rival Stronghold Digital Mining
Reading Time: < 1 minuteBitcoin mining company Bitfarms has purchased Stronghold Digital Mining for approximately $125 million, including assumed debt of $50 million.
Malaysian Authorities Destroy Almost 1,000 BTC Mining Devices
Reading Time: < 1 minuteMalaysian authorities have destroyed 985 Bitcoin mining machines worth approximately 1.98 million Malaysian ringgits ($452,500).
Bitcoin’s Mining Profitability Falls to All-time Low
Reading Time: < 1 minuteThe recent increase in the Bitcoin network hashrate has caused a decline in the stock value of BTC mining companies that had recently gained from their investments in artificial intelligence (AI).
Marathon Digital to Purchase Additional Bitcoins
Reading Time: < 1 minuteMarathon Digital Holdings plans to privately offer $250 million worth of convertible senior notes to qualified institutional buyers.
Hut 8 Hires a New CFO
Reading Time: < 1 minuteHut 8, an energy infrastructure company and miner of Bitcoin, revealed on Tuesday its upcoming addition of a new chief financial officer later this month.
Miner Riot Platforms Buys Block Mining
Reading Time: < 1 minuteIn a $92.5 million transaction, Riot Platforms has acquired Block Mining, a bitcoin miner based in Kentucky.
FoundationLogic Unveils Silent Home Miner at Mining Disrupt 2024
Reading Time: 3 minutesSingapore, Singapore, 4th July 2024, Chainwire
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