Bitcoin Mining

Highlights: Bitfarms and Riot Platforms settle, with Riot withdrawing its acquisition bid and agreeing to standstill provisions until 2026. Amy Freedman joins Bitfarms board, replacing Andrés Finkielsztain, as part of the settlement between Bitfarms and Riot Platforms. Riot Platforms retains […]

Highlights: Bhutan holds 13,011 Bitcoin, making it the fourth-largest government Bitcoin holder globally. Bhutan’s eco-friendly Bitcoin mining is powered by hydropower and a partnership with Bitdeer. Bhutan’s focus on carbon-neutral mining reflects a global trend of sustainable cryptocurrency practices. Bhutan, […]

Highlights: CleanSpark will purchase seven Tennessee mining sites for $27.5 million to enhance efficiency. New sites will add 85 MW capacity, boosting hashrate by 22%.  Bitcoin miners face increased competition and challenges due to falling BTC prices and rising hashrates. […]

Highlights: A subsidiary of Tokyo Electric Power is experimenting with using renewable surplus energy to mine BTC. Utilizing 10% of Japan’s wasted renewable power could yield $2.5 billion annually. Industry leaders like Fred Thiel praise Japan’s innovative approach to energy […]

Highlights: Bitfarms will acquire Stronghold Digital Mining for $164 million, including $50 million in assumed debt. The acquisition boosts Bitfarms’ U.S. power capacity and aims to exceed 950 megawatts by 2025. Stronghold shareholders will receive 2.52 Bitfarms shares per share, […]

Highlights: Marathon Digital plans to raise $250 million through convertible senior notes to acquire additional Bitcoin and support corporate growth. The $250M offering, maturing in 2031, targets qualified institutional buyers, with an option to increase by $37.5 million. Marathon’s acquisition […]

Iris Energy, a Bitcoin mining company based in Australia, raised approximately $413.4 million through recent stock offerings. The Nasdaq-listed company sold 39.8 million shares from May 15 to June 28, as reported in a statement on Monday by TheMinerMag. This […]

CleanSpark, a prominent Bitcoin (BTC) mining company, has announced a definitive agreement to acquire GRIID Infrastructure in a deal valued at $155 million. This all-stock transaction will enhance CleanSpark’s position in the competitive Bitcoin mining sector. We’ve announced an agreement […]

Highlights: Marathon Digital has mined $16 million worth of Kaspa since September last year. The company emphasized that 99% of its focus will remain on Bitcoin mining. Kaspa’s native token, KAS, surges 8% following the company’s announcement. In a June […]

Highlights: Deutsche Telekom, the parent company of T-Mobile, is planning to mine Bitcoin. The company has recently expanded its blockchain involvement through partnerships with Fetch.ai and Polygon. Bitcoin miners are under pressure to sell their holdings as their revenues decline […]

Highlights: NiceHash and Marathon Digital Holdings collaborate on custom firmware for Bitcoin ASIC miners. The firmware includes features such as thermal protection, customizable cooling profiles, and auto-tuning, which promise to boost ASIC device performance. Additionally, it charges a 2% fee, […]

Highlights: Bitfarms has secured a site in Sharon, PA, planning to develop up to 120 MW of power capacity by 2025. The new site is part of the PJM Interconnection, offering Bitfarms competitive electricity rates and diverse revenue streams. The […]