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Bitcoin mining — Institutions boost investments amid favorable US climate


Opinion by: Fakhul Miah, managing director of GoMining InstitutionalThe Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment...

Bitcoin mining — Institutions boost investments amid favorable US climate


Opinion by: Fakhul Miah, managing director of GoMining InstitutionalThe Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment...

Bitcoin mining — Institutions boost investments amid favorable US climate


Opinion by: Fakhul Miah, managing director of GoMining InstitutionalThe Bitcoin (BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitcoin mining rather than just accumulating the asset, all thanks to the favorable regulatory environment...

Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW


Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 megawatts and surpassing 500 megawatts globally across five countries. Development of New Site to Be Conducted in Stages The Abu Dhabi-based bitcoin...

Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy


The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with hydropower (23.4%) and wind (15.4%) as leading...

Bitcoin Miner Compass Energizes First Phase of 30 MW Iowa Data Center


Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa Project The initial 8-megawatt (MW) phase of the 30 MW project is now online, with construction...

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia


Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global...

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia


Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global...

Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July


A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies enhanced network security and strong miner confidence. Bitcoin Hashrate at End of Q4 Ahead of Projection Bitcoin’s network hashpower is...

Cleanspark Nears Approval for Tennessee Bitcoin Mining Facility


Mountain City may soon welcome a bitcoin mining operation, as Cleanspark has secured preliminary backing from local planners, contingent upon final evaluations of the site and energy arrangements. Cleanspark’s Bitcoin Mining Facility Proposal Moves Forward in Mountain City The Mountain City...

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