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Mining

MARA Invests in Bitcoin

The mining giant (formerly Marathon Digital) announced that the raised funds will be used to purchase BTC, boost working capital, [...]

Pakistan Might Use Excess Energy for Bitcoin Mining

The head of the Pakistan Crypto Council proposed using surplus electricity to mine BTC. The idea was discussed during a [...]

Canaan raised $200 million to expand mining in North America

The company received $100 million from an investor and expects another $100 million upon meeting certain conditions. The funds will be used for research, production,[...]

Stone Ridge Accuses Mawson of Stealing Over 20,000 ASIC Miners

Stone Ridge, the parent company of NYDIG, has filed a lawsuit against Mawson Infrastructure, accusing it of illegally seizing $30 million worth of mining equipment[...]

MARA Hits Record: $214.4M Revenue in Q4

Despite a drop in Bitcoin mining after the halving, MARA Holdings saw a 37% revenue increase and 248% profit growth, surpassing analyst expectations! Q4 2024[...]

Mining Brings $4 Billion to the US Economy

The Bitcoin mining industry in the US is growing rapidly, contributing over $4 billion annually to the country’s economy. The sector employs 31,000 people, with[...]

American Miners Are Taking Over the Hashrate

The share of U.S. public mining companies in the global hashrate surged to 29% in February 2025! That’s a +95% growth in a year But[...]

Bitmain sold half of its stake in Core Scientific

Bitmain sold almost half of its stake in Core Scientific after the miner’s shares rose by 219.4% in 2024. The stake, purchased for $59 million,[...]

US Seized Bitcoin Mining Machines

The US Customs and Border Protection has expanded its crackdown on mining, seizing devices from MicroBT, Canaan, and Bitmain due to AI chips that are[...]

CleanSpark posted a record-breaking quarter

The Bitcoin miner reported $162.3M in revenue — that’s +120% YoY! Net profit: $246.8M Crypto reserves: 10,500 BTC Plans: 50 EH/s hashrate in 2025 After[...]

Bitdeer is Building a Bitcoin Mining Data Center in Canada

Major Bitcoin miner Bitdeer has purchased land in Alberta for $21.7M and plans to build a 101 MW data center. The company will also construct[...]

Petrobras Launches Bitcoin Mining Project

Brazil’s largest oil and gas company, Petrobras, has initiated a research project that includes bitcoin mining and asset tokenization. The company is also exploring blockchain[...]

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