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Bitdeer Raises $330M Via Convertible Note Sale
25.6.2025
The deal secures 4.875% in five-year debt with a 44% conversion premium
Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
24.6.2025
The amended facility adds $65 million in capital availability and trimmed the interest rate to 9%
Cipher Mining Begins Bitcoin Production at 300 MW Black Pearl Data Center
23.6.2025
The New York-based miner expects hashrate to hit 23 EH/s by Q3 after starting operations at its Black Pearl site
HIVE Digital to Launch Canadian AI Data Hub With 7.2 MW Toronto Site Purchase
23.6.2025
The site will host BUZZ HPC’s first liquid-cooled Tier 3 facility supporting AI training and cloud workloads
Bitdeer Ramps Up Self-Mining Capacity, Ships 1.6 EH/s of SEALMINER A2s in May
11.6.2025
Bitdeer boosts its BTC production while expanding its global infrastructure
Tether CEO Announces Plans to Open-Source Bitcoin Mining Operating System
9.6.2025
Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is designed to create a level playing field by reducing...
Bitmine Launches Bitcoin Treasury Advisory Practice With $4 Million Strategic Transaction
20.5.2025
Bitmine Immersion Technologies, Inc. (OTCQX: BMNRD) has announced the launch of its Bitcoin Treasury Advisory Practice, coinciding with a $4 million strategic transaction with a U.S. exchange-listed company. The company will provide “Mining as a Service” (MaaS) to its strategic partner...
Malaysia Power Theft by Illegal Crypto Miners Rose 300% Since 2018
12.5.2025
Nationwide raids have shut down an average of 2,300 miners a year operating on stolen power since 2020
Kuwait Cracks Down on Illegal Crypto Mining to Protect National Grid
1.5.2025
The government is disconnecting power from mining-linked properties and conducting follow-up sweeps
Coinbase Provides $100 Million Credit Facility to Bitcoin Mining Company Riot Platforms
24.4.2025
Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company...
Galaxy , CoreWeave Expand Alliance With Data Center Expansion
23.4.2025
Galaxy shares surged 8% and are now 60% higher than their April lows
CleanSpark to raise $550M via bond, not buy BTC with proceeds
13.12.2024
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds
CleanSpark to raise $550M via bond, not buy BTC with proceeds
13.12.2024
CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds
Former Employee’s Hidden Code Turns Workplace Into Crypto Mine
7.11.2024
A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of Minnesota....
Bitfufu Reports Q3 Revenue Increase of 47.5% Year Over Year
6.11.2024
Nasdaq-listed cloud mining services company Bitfufu has announced its unaudited financial results for the third quarter of 2024, revealing a total revenue of $90.3 million, a 47.5% increase from $61.2 million in the same period last year. The company’s cloud-mining solutions saw even more...
Sazmining Brings Bitcoin Mining-Powered Sustainable Heating to a Norwegian Town
1.11.2024
Sazmining, a green Bitcoin mining company with operations in Wisconsin and Paraguay, aims to improve the heating business using mining as a key element. The company reported that it is currently working on substituting the traditional petrol-based heating elements of a building for a system that...
Bitcoin miner solves block alone, grabs $180,000 reward
11.9.2024
A single Bitcoin miner received the total reward of a Bitcoin block, a rarity due to the hash and power requirements needed to mine the blockchain
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
2.9.2024
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted...
Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity
29.8.2024
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New...
7 Arrested in Illegal Bitcoin Mining Crackdown in Malaysia
21.8.2024
Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked...