Mining

Rumors of a secret Bitcoin (BTC) mining operation within the US Department of Defense began circulating on social media today. The rumors were sparked by a statement from an employee of BTC ATM service Byte Federal and were supported by…

Cryptocurrency miners can now take advantage of Bitcoin-backed loans thanks to M2's partnership with NiceHash. Abu Dhabi-based cryptocurrency exchange M2 has signed a deal with mining service provider NiceHash to offer flexible lending solutions for miners. According to a press…

HIVE Digital Technologies (NASDAQ: HIVE) has completed the acquisition of the 200 MW Yguazú hydroelectric power plant from Bitfarms Ltd. in Paraguay. The move will increase the company’s mining capacity by 317%, from 6 exahashes per second (EH/s) to an…

Stablecoin giant Tether has increased its stake in Bitcoin mining company Bitdeer (BTDR), according to its latest filing with the US SEC. The document states that Tether and its subsidiaries now own 31,891,689 Class A common shares in Bitdeer, representing…

Bitcoin's hashrate has made an impressive recovery from its 752 exahash per second (EH/s) decline on February 25 and has now risen to 819.65 EH/s despite a significant drop in revenue in March. Revenues are falling, hashrate is increasing The…

Bitcoin mining company Bitfarms today announced it has completed its acquisition of Stronghold Digital Mining, giving it 1.1 gigawatts of capacity across three Pennsylvania sites and expanding its presence in the PJM market. As part of the deal, Stronghold shareholders…

The Bitcoin network hashrate increased by 2 exahashes per second (EH/s) in the first two weeks of March to an average of 811 EH/s, according to a research report from Wall Street bank JPMorgan (JPM) released on Monday. JPMorgan stressed…

According to a report by The Nation, officers from Thailand’s Central Investigation Bureau (CIB) seized 63 illegal crypto mining rigs on Friday. The illegal devices, worth about 2 million baht (approximately $60,000), were found in three abandoned houses in Pathum…

“Frank Holmes, chairman of Hive Digital, said the company hopes to increase its capacity by more than 400% through its projects in Paraguay, which has ample hydroelectric power to meet its business needs. Hive Digital Announces 400% Expansion in Paraguay…

According to a new report, Bitcoin mining companies, whether privately held or publicly traded, currently hold more than 100,000 BTC in their accounts. However, there is one problem — these companies also have significant liabilities amounting to $4.6 billion. Bitcoin…