Browsing Category
Mining
Brazilian Oil Giant Petrobras Starts Looking Into Bitcoin Mining
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto…
Mining Milestone: Bitcoin’s Hashrate Soars to Unprecedented Heights in the New Year
On the third day of 2025, Bitcoin’s hash rate soared, registering between 813 and 823 exahash per second…
Publicly Listed Miner Bitfufu Ramps Up: Secures a Fleet of 80,000 Miners From Bitmain
On Jan. 2, 2025, the publicly traded company Bitfufu announced its latest strategic move, securing a partnership…
Bitcoin Mining Revenue in 2024: A Year of Change and Challenges
Bitcoin miners saw substantial shifts in their revenue during 2024, a pivotal year marked by the network’s…
Expert Insight: Cryptocurrency Mining Accounts for Nearly 1% of Russia’s Energy Resources
Alexey Zhikharev, director of the Renewable Energy Development Association (REDA), revealed that cryptocurrency…
From Energy Efficiency to Profitability: The Machines That Rule Bitcoin Mining
With bitcoin prices trending higher compared to the previous month, miners are basking in the glow of increased…
Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader…
Hive to Expand Bitcoin Mining Power With $60M Purchase
The investment is expected to help the firm top $300 million in revenue and produce 2% of the Bitcoin…
A Deep Dive into Bitcoin Mining Veteran Hut 8
A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial…
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and…
Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure…