Mining
BTC Miners Sold Over 5,000 Bitcoin Since Price Topped $34K
Bitcoin miners have been selling actively since the price climbed above $34,000. Miners have since offloaded over 5,000 BTCs, worth approximately $175 million. The miners…
Bitcoin Miner Files Form S-3 to SEC; Plans To Raise $750 Million
Bitcoin Miner Marathon Digital filed a Form S-3 to the US SEC, announcing plans to raise $750 million. This week, Marathon Digital shares have risen…
AI Could Face Same Scrutiny as Bitcoin Mining, Experts Warn
Artificial intelligence chips recently came under scrutiny for their significant electricity consumption. A single Nvidia GPU chip reportedly consumes as much energy as a typical…
Investors Express Concerns Over Activities of BTC Mining Companies
Investors express worries over many BTC mining companies diluting their shares. The recent market downturn and BTC price decline have affected many mining companies' operations.…
Solo Bitcoin Miner with Modest Hash Rate Solves Block Against All Odds
A solo Bitcoin miner with a modest hash rate defies the odds. The miner successfully solves a block, grabbing attention in the crypto community. The…
Bit Digital Moves 2500 New BTC Mining Machines Out of US to Iceland
Bit Digital is expanding to Iceland to mitigate regulatory risks in the U.S. The first company plans to house 2,500 newly purchased mining machines in…
Effortless Crypto Earnings: GoMining’s User-Friendly Approach
GoMining celebrates its second anniversary with a new website and app. Users can earn stable BTC rewards through native tokens and NFTs. GoMining emphasizes transparency…
Bhutan is Now One of Few Countries with State-owned BTC Mining Grid
Bhutan operates a state-owned Bitcoin mine utilizing its hydroelectric resources. The earnings are to subsidize power and hardware costs. Bhutan is in talks with Bitdeer…
Core Scientific Inks 3 New Hosting Contracts Amid Bankruptcy
Core Scientific has signed three new hosting contracts amid its bankruptcy proceedings. The miner will host almost 18,000 mining rigs as part of the new…
Michael Saylor Defends BTC Mining Amid Criticisms of Energy Consumption
MicroStrategy founder Michael Saylor defends Bitcoin mining saying it reduces energy bills and does not causing pollution. Saylor argues that Bitcoin miners function as data…
