Search
Bitcoin Miner MARA Taps Two Prime to Unlock Value From 500-BTC Corporate Treasury
22.5.2025
MARA Holdings, Inc., the fifth-largest bitcoin mining pool by hashrate, has allocated 500 BTC to Two Prime’s managed yield strategies, expanding a partnership aimed at generating risk-adjusted returns from its corporate treasury. Two Prime, MARA Deepen Bitcoin Yield Strategy Collaboration MARA...
Bitcoin Miners Sold Record Amount of BTC Ahead of May's Price Surge
21.5.2025
With hashprice hovering near break-even levels, miners liquidated 115% of April production
Canadian Bitcoin Miner POW.RE to Acquire Swiss Firm Block Green
19.5.2025
Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a deal combining equity, bitcoin, and cash. POW.RE and Block Green Merge to Combine Mining and Financial Services The acquisition, pending a definitive agreement within...
Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting
9.5.2025
Both Jefferies and H.C. Wainwright analysts said MARA's focus on lowering power cost, that differentiates the miner from its peers
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
8.5.2025
Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits.Core Scientific’s Q1 2025 results, published on May 7, saw it more than double its $210 million...
Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
8.5.2025
Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits.Core Scientific’s Q1 2025 results, shared on May 7, saw it more than double its $210 million...
Bitcoin miner Hive taps Paraguay for low-cost energy partnership
7.5.2025
Several crypto-focused organizations — including Bitcoin (BTC) mining companies — are eyeing a US return, primarily driven by uncertain geopolitical tensions. Still, BTC miner Hive Digital Technologies is doubling down on the untapped potential of the Latin American (LATAM) market.In...
Riot Platforms posts Q1 loss, beats revenue estimates
2.5.2025
Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...
Riot Platforms posts Q1 loss, beats revenue estimates
2.5.2025
Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...
Bitcoin Miner Compass Energizes First Phase of 30 MW Iowa Data Center
29.4.2025
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
29.4.2025
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
29.4.2025
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 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares
28.4.2025
Bitcoin (BTC) miners' first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday."Q2 results may show deterioration, as tariffs...
Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues
17.4.2025
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through...
HPC Gold Rush Continues: Bitcoin Miner Bit Digital Secures Québec Site for Tier 3 Data Center
13.4.2025
Bit Digital, Inc. has secured a lease-to-own agreement for a 202,000-square-foot site in Saint-Jérôme, Québec, to develop a Tier 3 data center supporting its 5MW colocation contract with artificial intelligence (AI) infrastructure firm Cerebras Systems. Cerebras, Bit Digital Partner on Tier 3 Data...
Trump tariffs could lower Bitcoin miner prices outside US, says mining exec
9.4.2025
The Trump administration’s sweeping tariffs could collapse US demand for Bitcoin mining rigs, which would benefit mining operations outside the country as manufacturers will look outside the US to sell their surplus inventory for cheaper, says Hashlabs Mining CEO Jaran Mellerud.“As...
Hive’s Frank Holmes on Expanding Bitcoin Mining in Paraguay
8.4.2025
The company’s chairman, a speaker at this year’s Consensus festival, looks at what's next for the mining industry