Mining News
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Latest Mining News
Tether CEO Paolo Ardoino reveals some of the stablecoin firm’s recent investments in a variety of sectors, ranging from Bitcoin mining, TradFi to payments for commodity trades. During ann interview at the Emergence Conference in Prague on Dec. 5, Paolo…
Bitcoin miner Hut 8 launched an at-the-market and stock repurchase program to finance its corporate strategic BTC reserve.
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Bitcoin
Argo mined 39 BTC in November, generating $3.4 million in revenue despite a production drop from October. Bitcoin (BTC) mining firm Argo Blockchain has released its November production update, showcasing an increase in revenue despite a decline in Bitcoin mining.…
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Bitcoin
Foundry, the largest Bitcoin mining pool globally, has laid off approximately 27% of its workforce. The layoffs primarily impact the ASIC repair and hardware teams, while core operations, including the mining pool, firmware team, and self-mining division, remain partially intact.…
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Bitcoin
MARA Holdings, formerly Marathon Digital, has announced plans to acquire a wind farm in Hansford County, Texas, to power its sustainable Bitcoin mining data center. The wind farm, with 240 megawatts of interconnection capacity and 114 MW of operational wind…
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Bitcoin
Bitcoin miners’ major player has announced their third-quarter financial report, resulting in billions of dollars in funding and spending. According to TheMinerMag, on Nov. 28, key players in the cryptocurrency and Bitcoin mining industry published their financial reports. Since the…
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Bitcoin
By providing flexibility and monetization for energy producers, Bitcoin mining presents a novel and effective way to approach energy production.
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Bitcoin
Increases in Bitcoin prices and recent crypto mining regulations have sparked an 8% rise in Russian internet traffic to major exchanges, data reveals. Internet traffic to major crypto exchanges in Russia surged 8% in early November, spurred by a sharp…
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Bitcoin
Marathon Digital Holdings issued an open letter urging the United States to establish a strategic Bitcoin reserve. The open letter outlined why Bitcoin (BTC) and its mining infrastructure are vital to maintaining economic and geopolitical stability in a shifting global…
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Bitcoin
U.S. Customs and Border Protection, at the request of the Federal Communications Commission, has been detaining imports of Bitmain’s Antminer ASIC miners at ports nationwide for up to two months. The delays have impacted seven U.S.-based Bitcoin (BTC) mining companies…
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Bitcoin
Tether, the world’s largest stablecoin issuer, has minted over $3 billion in USDT in the past 24 hours. This action accumulates the company’s mint in a month. According to LookOnChain’s Nov. 24 post on X, Tether has minted $3 billion…
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Tether
Galaxy Digital is launching a $300 million private offering of exchangeable senior notes due 2029 to fund the expansion of its West Texas Helios data center and support corporate initiatives. Mike Novogratz’s Galaxy Digital Holdings announced on Nov. 20 that…
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Bitcoin
Crypto firm Canaan teamed up with a West Texas Bitcoin mining firm to boost its operations in Texas, expanding its North American footprint. Bitcoin (BTC) mining Canaan has entered into a joint mining agreement with Luna Squares Texas, a Texas…
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Bitcoin
Argo Blockchain reported a 28% decline in Q3 revenue year-over-year, reflecting continued challenges in the crypto mining space. Bitcoin (BTC) mining firm Argo Blockchain reported wider losses for Q3, with quarterly revenue of $7.5 million, down from $10.4 million a…
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Bitcoin
Crypto mining company Marathon has upsized its convertible note offering by $150 million to buy even more Bitcoin. Bitcoin (BTC) mining company Marathon Digital Holdings has upsized its convertible debt offering to $850 million from $700 million to buy more…
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Bitcoin
Crypto mining firm BIT Mining has agreed to pay a $4 million civil penalty after the SEC charged it with violating the Foreign Corrupt Practices Act. The U.S. Securities and Exchange Commission has charged crypto mining firm BIT Mining, formerly…