Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line. The facility gives the parent company room to borrow during site development and to back […]
Key Takeaways Kazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations.Oil companies can sell waste gas to miners, avoiding millions in disposal fees across 60 fields.A new […]
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The bitcoin miner and […]
Key Takeaways Sweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery.Hive argues it provides taxable compute power, meaning the VAT change causes a major financial hit.Hive is taking the dispute to the […]
Bitcoin’s post-retarget relief for miners was real, but narrow. Using a BTC price of $84,751, the completed difficulty increase and the latest gross hashprice is about $40.31 per petahash per second per day. That is […]
Some Bitcoin mining vardiff (variable difficulty) controllers can keep demanding work calibrated for a machine’s former speed after it cuts hashrate. The miner can keep hashing and consuming electricity while accepted shares become vanishingly rare. […]
Key Takeaways Tlaola police followed strange noises and power use and found 300 GPU miners humming away deep in Puebla’s jungle.Reuters says the 300-GPU setup tapped hydro power, hinting that illicit crypto mining is getting […]
Key Takeaways Grayscale estimates Zcash rewards at twice Bitcoin’s daily rewards per rig.Zcash mining activity has increased more than 2.5 times this year.Electricity, equipment, and operating costs shape actual miner profits. Grayscale Details Zcash’s Mining […]
Bitcoin’s August price recovery coincided with a sharp improvement in mining revenue, but the network is preparing to reclaim part of that gain. A mempool.space difficulty reading preserved at 20:24:22 UTC on Sept. 14 projected […]
Key Takeaways Bitdeer added 65.1 MW in Malaysia, lifting secured AI Cloud capacity to 206.5 MW.The shift shows bitcoin miners chasing steadier AI revenue from existing power infrastructure.Bitdeer targets 350 MW by Q1 2028 as […]
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