Mining News
Latest Mining News
The year 2024 has been filled with major milestones for Bitcoin, from reaching new all-time highs to several governments mulling a Bitcoin reserve. However, data reveals that there are less than 1.19 million BTC left to be mined. Unmined Bitcoin…
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Bitcoin
Russia's Gov't has published a draft resolution on banning or providing restrictions on mining locally. The ban will take effect on Jan. 1, 2025, and run until Mar. 15, 2031.
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Bitcoin
Hut 8, a Bitcoin mining company, has added 990 Bitcoin to its reserves, spending $100 million to increase its total holdings to 10,096 BTC. The reserve, now valued at over $1 billion, places Hut 8 among the largest corporate Bitcoin…
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Bitcoin
Bitcoin’s recent price surge has driven up mining equipment costs, with Shenzhen's Huaqiangbei district—a global hub for crypto hardware—seeing a notable 30% price hike.
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Bitcoin
Major Bitcoin miner Riot Platforms added $69 million worth of the world’s leading cryptocurrency to its holdings.
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Bitcoin
Riot Platforms has added to its growing Bitcoin holdings after the crypto miner and infrastructure provider scooped 5,117 more BTC for $510 million. The Colorado-based Bitcoin (BTC) mining company announced the fresh acquisitions on Dec. 13, noting that the purchase…
Both nations demonstrate that, with thoughtful planning and strong leadership, Bitcoin can be a cornerstone of national economic strategy.
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Bitcoin
Bitcoin infrastructure firm Riot Platforms has acquired millions of dollars of Bitcoin in the past few hours. This action was followed after the company announced a senior notes offer. According to Arkham Intelligence data on Dec. 11, Riot Platforms acquired…
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Bitcoin
Bitcoin infrastructure firm Riot Platforms proposed issuing debt securities to fund BTC buys and finance “general corporate purposes.”
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Bitcoin
BIT Mining, a cryptocurrency mining firm listed on the New York Stock Exchange, has announced steps to expand its mining operations with new acquisitions in Ethiopia. The company revealed on Dec. 9 that it had completed the first phase of…
HIVE Digital revealed its November 2024 production results, including 103 BTC mined and a 67% year-over-year growth in its Bitcoin holdings. Bitcoin (BTC) mining firm HIVE Digital released its November 2024 production results, reporting a 67% increase in its BTC…
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Bitcoin
In the early days of crypto, mining felt like an adventure for many, a hands-on way to dive in and start earning. Since this is a complex process that requires expensive and energy-intensive equipment, crypto mining on phones is becoming…
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