Mining
Fire Breaks Out at Greenidge New York Facility, Forcing it Offline
Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden, New York, where it co-hosts operations with mining company NYDIG. The fire broke out on […]
Wait What Happened? | Episode 8 | Illegal Crypto Mining, Illicit Liquor in Vryburg | Tribe Ox Media
Bitcoin mining resilience hides an industry in distress
Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the network into a ‘high-security, low-profitability’ phase. While the network’s hashrate has pinned itself above the […]
Higher Average Bitcoin Prices Boost TeraWulf’s Q3 Earnings
United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue […]
Ohio Mining Facility Fire Extends Stock Sell-Off
Bitcoin mining company Bitdeer confirmed that a fire broke out at its facility in Massillon, Ohio, on Tuesday, with no reported casualties. The fire affected two of 26 buildings under construction at the Massillon site, […]
