Search
Trump-linked miner American Bitcoin going public via Gryphon merger
12.5.2025
Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining firm Gryphon Digital Mining, the companies announced on May 12.Under the terms of the deal, Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction. After the merger, the...
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, shared 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, published on May 7, saw it more than double its $210 million...
Crypto miner deserts Pennsylvania site, fails to plug wells: Report
7.5.2025
Cryptocurrency miner Diversified Energy has quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations.The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when...
Crypto miner deserts Pennsylvania site, fails to plug wells: Report
7.5.2025
Cryptocurrency miner Diversified Energy quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations.The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when...
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...
Biopharma Firm Merges With Z Squared to Form Largest Publicly-Listed Dogecoin Miner
27.4.2025
Coeptis Therapeutics Holdings, Inc. and Z Squared Inc. announced a definitive merger agreement on April 25, 2025, to create the world’s largest publicly traded dogecoin-focused mining company, with Coeptis spinning off its biopharmaceutical operations. Coeptis and Z Squared Aim to Lead Dogecoin...
Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low
20.4.2025
Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs
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...
Cryptoquant Report Flags Stalled Whale Accumulation, Miner Pressure Hits Bitcoin
17.4.2025
Wholesale bitcoin selling is cooling but not vanishing, Cryptoquant researchers write, as data flags a market tilted toward broad caution. Cryptoquant: Accumulation Rate Hits Two‑Month Lull Cryptoquant’s report observes that daily bitcoin ( BTC) outflows from large holders have retreated to 300,000...