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Bitcoin miner Riot Platforms is exploring revenue diversification into AI and HPC, joining the growing trend of miners adapting their infrastructure for AI applications as Bitcoin network transactions hover at 12-months low. On Feb. 13, Bitcoin (BTC) miner Riot Platforms…
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Bitcoin
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Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry…
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Bitcoin
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HIVE Digital Technologies has reported strong Q3 FY2025 revenue, fueled by Bitcoin mining and high-performance computing services. Canadian crypto mining firm HIVE Digital Technologies saw its shares rising 2.57% on Wednesday after it revealed its third-quarter results for fiscal year…
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Bitcoin
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The Pi Network’s native token is set to list on OKX starting from Feb. 20, however users have raised concerns regarding potential trading risks. In a recent announcement, the crypto exchange OKX declared that it will be adding PI to…
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James Howells is considering buying a public landfill where he claims a massive Bitcoin fortune might be buried, but local authorities plan to shut down the site after a court battle.
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Bitcoin
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Russia’s communications watchdog Roskomnadzor has blocked access to the country’s largest crypto aggregator platform. The Russian telecoms watchdog Roskomnadzor has blocked access to BestChange, one of the largest crypto over-the-counter aggregators in Eastern Europe and Russia. As of press time,…
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Mike Colonnese, senior crypto analyst at H.C. Wainwright & Co., reiterated CleanSpark as the firm’s top pick following the company’s first-quarter earnings report. Bitcoin mining company CleanSpark reported its first-quarter results on Thursday, posting an 82% quarter-over-quarter increase in revenue…
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Russian Bitcoin miners fear exposure to sanctions as the government compiles a registry containing wallet addresses and other sensitive data. Bitcoin (BTC) miners in Russia aren’t thrilled about a new government registry that’s scooping up sensitive data, including crypto wallet…
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Bitcoin
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Bitcoin mining firm Bitdeer has acquired 19 acres of land in Alberta, Canada for $21.7 million. The power plant could scale up to 1 GW of power. In a press release, the Singapore-based Bitcoin (BTC) mining firm announced it has…
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Bitcoin
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The last quarter of 2024 was a positive time for BTC miners, says H.C. Wainwright analysts, with potential volatility ahead. Bitcoin miners saw significant growth in Q4 2024 as Bitcoin (BTC) crossed $100,000 for the first time, driven by increased…
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Bitcoin
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Argo Blockchain’s interim CEO, Jim MacCallum, bought more than 70,000 of the company’s shares in an insider transaction. Jim MacCallum, Argo Blockchain‘s interim chief executive, purchased 75,000 of the company’s shares in the form of American Depositary Receipts — U.S.-traded…
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Bitcoin
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Recent tariffs imposed by President Donald Trump on imports from Canada, China, and Mexico are expected to have varying impacts on the cryptocurrency mining sectors in these countries. U.S. and China The U.S. has announced a 25% tariff on Canadian…
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Bitcoin
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Eugene Fama, the renowned “Father of modern finance,” predicts Bitcoin will be worthless in a decade. Why? Cryptocurrencies “violate all the rules of a medium of exchange,” Fama said on the Jan. 30 episode of Capitalisn’t. “They don’t have a…
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Bitcoin
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On Jan. 30, 2025, several crypto influencer accounts celebrated the solo miner who managed to solve a block and grabbed the entire reward of 3.146 BTC for themselves. However, it turned out that the hashrate of the solo miner was…
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Grayscale Investments has introduced the Grayscale Bitcoin Miners ETF (ticker: MNRS), a new exchange-traded fund that provides exposure to publicly traded Bitcoin mining companies. The fund, which tracks the Indxx Bitcoin Miners Index, is designed for investors looking to gain…
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D.E. Shaw has acquired a stake in bitcoin mining firm Riot Platforms and may push for strategic changes, Reuters reported, citing sources familiar with the matter. The size of the hedge fund’s position remains undisclosed, and both Riot and D.E.…
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