The Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity. According to a report from RIA Novosti, the initiative is the result of […]
Update, July 11, 9:10 am UTC: This article has been updated to add comments from Bit Mining chief economist Youwei Wang. Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, […]
Crypto mining company BIT Mining has strategically moved into the Solana ecosystem, sending its stock to a three-year high. On July 10, the company disclosed its strategic expansion, which includes plans to raise between $200 […]
Shares of blockchain and AI infrastructure provider HIVE Digital Technologies (HIVE) rose on Friday, boosted by Bitcoin’s record rally and a series of operational milestones in its mining business. HIVE jumped nearly 6.5% to $2.47 […]
Shareholders trimmed support for executive pay packages at leading US Bitcoin (BTC) miners to an average of 64% in this year’s proxy season, far below the over 90% approval norm across the S&P 500, according […]
Shares of CoreWeave (CRWV) opened lower on Tuesday as analysts questioned whether the company’s recent acquisition of Core Scientific (CORZ) would contribute meaningfully to its bottom line. CRWV stock was down 3.6% after the opening […]
CoreWeave, a rising player in the artificial intelligence industry, has entered a definitive agreement to acquire Bitcoin mining company Core Scientific in an all-stock transaction, according to a July 7 announcement. This strategic move would help […]
AI infrastructure provider CoreWeave (CRWV) has finalized its acquisition of Core Scientific (CORZ), aiming to expand its data center capacity to support artificial intelligence and high-performance computing (HPC) workloads. The deal values Core Scientific at […]
Mainland China chipmaking capacity is accelerating, now poised to become the world’s leading semiconductor foundry hub by 2030, and overtaking Taiwan in total capacity, according to the latest projections from Yole Group. Chinese dominance in […]
Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 Bitcoin (BTC). Some just dipped their toes in, while others dove deeper, repurposing rigs, raising credit […]
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