Mining

This week, Phoenix Group PLC announced revenue of $31 million for the first quarter of 2025, as well as progress toward building 500 megawatts (MW) of global bitcoin mining capacity, including a new 20 MW facility that came online in…

Get ready to dive into some fresh news from the Bitcoin mining space! MARA Holdings , a major player formerly known as Marathon Digital, recently released its April operating report, which contains some interesting data for those who follow the…

In the heart of Elk County , Pennsylvania, a natural gas- powered cryptocurrency mining initiative has generated considerable controversy and concerns about its environmental impact. Diversified Energy , the company behind the project, has drawn attention from both government and…

Canadian Bitcoin mining firm Hive Digital Technologies has decided to invest heavily in Latin America , choosing Paraguay as a long-term strategic partner. According to Aydin Kilic , President and CEO of Hive, Paraguay offers an ideal combination of geopolitical…

In a move that may have surprised many analysts, Cango Inc., previously known for its automotive transaction services, has quickly established itself in the cryptocurrency mining space. The strategic move highlights a growing trend among various companies to explore opportunities…

A recent report from the University of Cambridge confirms that the United States has now taken the lead in global Bitcoin mining, raising questions about how China might respond. While the country has long maintained an anti-cryptocurrency stance, Chinese mining…

Investment bank Compass Point cut its rating on MARA Holdings (MARA) to sell from neutral on Tuesday, citing volatile spending. “There are more efficient ways to obtain BTC beta,” the analysts noted in their research, pointing to Marathon’s current hash…

US mining company CleanSpark has released its unaudited April 2025 operating results, demonstrating resilience in both its operational performance and strategic positioning ahead of a major hashrate milestone. In April 2025, CleanSpark managed to mine 633 bitcoins, contributing to a…

Benchmark analyst Mark Palmer believes that Singapore-based Bitcoin mining ASIC chip and rig maker Canaan (CAN) has faced challenges but has the potential to achieve five years of success. Palmer began coverage of the ADR last Tuesday with a “buy”…

Despite the macroeconomic uncertainty, Bitcoin miners are showing confidence in future growth as stable reserves confirm their belief in the market's further development. In a recent research report, analysts at Bitfinex Alpha noted that Bitcoin (BTC) miners have shown no…