Bitcoin’s Hashrate Hits New Peak as Miners Ride Price Wave
Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting...
Mining
TeraWulf Q1 loss widens amid rising costs, falling revenue
Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025,...
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global...
Bitcoin Core’s OP_RETURN limit removal divides crypto community
Bitcoin Core’s reportedly planned removal of the long-standing OP_RETURN limit has sparked sharp division across the ecosystem.The upcoming release will,...
Riot Platforms posts Q1 loss, beats revenue estimates
Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled...
Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion
Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated...
Riot Platforms reports $296M net loss in Q1 despite record revenues
Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million...
Bitcoin miners should pay costs in depreciating currency — Ledn exec
Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating...
Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch
Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight...
Bitcoin mining pushes sustainability agenda with over 50% of energy generated from renewables
Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the...
Crypto startups no longer welcome in Nvidia’s accelerator program
Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join...
Bitcoin Miner Compass Energizes First Phase of 30 MW Iowa Data Center
Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced...
Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loan
Bitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral.According...
After Nearly 100 EH/s Exodus, Block Times Stretch to 10:34—What’s Next for Bitcoin Miners?
Over the past week, data reveals that the Bitcoin blockchain has witnessed the departure of nearly 100 exahash per second...
Bitcoin mining costs soar 47% to $137K in Q4 amid rising input costs, tax liabilities
The average cost to mine one Bitcoin (BTC) increased sharply in the fourth quarter of 2024, reaching $82,162 among publicly...
Arkansas city rejects crypto mining proposal after community pushback
The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits,...
Russia May Expand Bitcoin Mining Restrictions to Additional Regions
Three more regions in Russia have applied to join others in limiting bitcoin mining activities due to the high energy...
Kuwait bans Bitcoin mining over energy concerns and legal violations
Kuwait’s Ministry of Interior has outlawed Bitcoin mining, citing excessive power consumption and violations of national regulations.In an April 22...
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
Bitcoin mining firm Bitdeer secured $60 million in loans to ramp up its Bitcoin ASIC manufacturing efforts as global mining...
From 920 EH/s to 868 EH/s: Bitcoin’s Hashpower Takes a 50 EH/s Hit
After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to...
Public-private collaboration is shaping Pakistan’s crypto economy
The following is a guest post and opinion from Vince Kadar, CEO of Polymath.The global crypto landscape is evolving rapidly,...
Kyrgyzstan’s president signs CBDC law giving ‘digital som’ legal status
Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency pilot project...
