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Mining
Embattled Crypto Lender Celsius Escapes Chapter 11 Bankruptcy, To Distribute $3 Billion in…
Troubled crypto lending platform Celsius has avoided Chapter 11 bankruptcy with a plan to pay back its creditors…
EIA Launches ‘Emergency Survey’ on Crypto Mining’s Power Use Amid Concerns of Alleged…
The U.S. Energy Information Administration (EIA) has gained clearance from the Office of Management and Budget…
Bitcoin’s Hashrate Hits 7-Day Record High, Surging to 566 EH/s Amid Anticipation of…
Bitcoin’s computing power has soared to unprecedented levels, with the seven-day simple moving average (SMA)…
Bitcoin’s Hashrate Rebounds From January Dip as Miners Eye Upcoming Difficulty Adjustment
Bitcoin’s cumulative hashrate witnessed notable swings starting in late December, with a pronounced decline…
Crypto, AI and Data Centers Could Double Energy Consumption in 2026
The aggregated demand for energy from crypto, artificial intelligence (AI), and traditional data centers could…
Russia Mulls Cryptocurrency Mining Disconnection Proposal
Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal…
Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit…
Bitcoin Mining Rig Manufacturer Canaan Raises $50 Million Through Preferred Shares Sale
In a recent disclosure to the U.S. Securities and Exchange Commission (SEC), Canaan, a publicly traded manufacturer…
Report: Bitcoin Mining Sustainable Energy Usage Reaches 54.5%
Daniel Batten, co-founder of CH4 Capital, reported that bitcoin mining has reached all-time high levels of…
Heightened Bitcoin Fees and Erratic Mining Revenues Herald Murky Shift as Halving Nears
Recent statistics reveal that for the past 75 days, starting from Nov. 6, 2023, the average transaction fee on the…
