Mining

U.S.-Listed Bitcoin Miners Accounted for 29% of Global Hashrate in February: JPMorgan

Mining economics came under pressure as the network hashrate rose while the bitcoin price fell, the report said.

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Riot Platforms Bucks Trend of Weak Bitcoin Production in January

Riot mined 527 bitcoin in January, the highest amount since December 2023.

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Bitcoin Hashprice Hits One Month Highs, A Bullish Signal for Miners

A combination of rising transaction fees and a buoyant bitcoin price has given miners some relief.

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Bhutan’s Crypto Reserve Could Pave Way for Economic Growth in Other Countries

Smaller countries could strengthen economic growth by attracting foreign investment and utilizing available renewable energy resources to mine bitcoin.

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How Ethiopia’s Low Energy Costs Allow BIT Mining to Recycle its Bitcoin Machines

BIT Mining says that its Ethiopia operations create a positive feedback loop with its business in Ohio.

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How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse

Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.

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Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Web Venture

The firm is redoubling efforts to supply miners as that industry struggles with profits — and Donald Trump promises help.

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Michael Novogratz’s Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls

The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.

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Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

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