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, […]
US mining companies are experiencing delays in receiving shipments of application-specific integrated circuits (ASICs) — the hardware used to mine Bitcoin (BTC) and other cryptocurrencies — from Chinese manufacturer Bitmain amid trade tensions between the […]
The Bitcoin (BTC) mining industry has already created over 31,000 jobs in the United States both directly through mining operations and indirectly through supporting industries despite being a nascent sector, a recently published report found. […]
The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American citizens from engaging in crypto-mining activities, among other things. The complaint was […]
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