Update (March 26 at 8:48 PM UTC): This article has been updated to include commentary from Benchmark stock analyst Mark Palmer. Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to […]
Bitcoin (BTC) mining revenues hit $3.7 billion in the fourth quarter of 2024, a 42% increase from the prior quarter, and are approaching similar levels of around $3.6 billion in Q1 2025, according to data […]
Bitcoin miners reported a drop in monthly production as mining difficulty — the computational power required to confirm BTC transactions and mine new blocks — continued to increase. Bitcoin production for prominent Bitcoin (BTC) miners, […]
Pakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to its shores. At the newly formed Pakistan Crypto Council’s (PCC) first meeting on Friday, members […]
Cryptocurrency mining company CleanSpark reported a surge in revenue and profitability during the December quarter thanks to lower production costs and surging Bitcoin (BTC) prices. In its first fiscal quarter of 2025, which ended Dec. […]
A solo Bitcoin miner hit the jackpot, mining a block for a 3.125 Bitcoin reward worth over $300,000. Block 883,181, mined on Feb. 10 by a miner listed as unknown, contained 3,071 transactions and a […]
The US Securities and Exchange Commission (SEC) has clarified its stance on crypto mining under proof-of-work (PoW) protocols, stating that mining activities do not involve offering and selling securities. This applies to assets such as […]
Data center infrastructure provider Hive Digital is doubling down on its long-term Bitcoin treasury strategy and is using the recent market sell-off to expand its mining capacity and acquisition targets, signaling a growing shift among […]
Bitcoin (BTC) fell 1.8% on Feb. 12 after US inflation data came in higher than expected, pushing the cryptocurrency to its lowest level in nine days. The price correction accelerated as the US reported a […]
Data center infrastructure provider Hive Digital reported earnings and revenue growth for the final quarter of 2024, driven by record Bitcoin reserves and an expanding high-performance computing (HPC) business. In the quarter ending Dec. 31, […]
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