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LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
2.7.2024
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that the man has been released from jail, and the LAPD stated that...
Latam Insights: Argentina Reaches Zero Inflation, Central Bank of Bolivia Unbans Bitcoin
2.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina reached zero inflation in food and beverages in June, the Central Bank of Bolivia unbans bitcoin, and several employees of the Paraguayan power...
Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts
2.7.2024
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase
Bitcoin hashrate drawdown reaches December 2022 levels
1.7.2024
This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities
Bitdeer boosts Bitcoin mining power with new Ohio site lease
1.7.2024
One of the industry’s major players, Bitdeer, has announced a significant expansion by signing a 30-year lease agreement with the Monroe County Port Authority. The deal allows Bitdeer an additional 570MW from the Hannibal Industrial Park in Clarington, Ohio. This is a major step...
National Power Administration ANDE Employees Allegedly Involved in Setting up Illegal Bitcoin Mining Farms in Paraguay
30.6.2024
National Power Administration (ANDE) employees have been accused of participating directly in setting up illegal bitcoin mining farms in Paraguay. According to local sources, seven engineers of the institution would have been installing bitcoin farms across the country as the prosecutor’s...
Kiyosaki Recommends Most People to Sell BTC, Vivek’s VP Prospects Spike 1,100%, and More — Week in Review
30.6.2024
Robert Kiyosaki advises selling bitcoin amid its crash, yet plans to buy more, likening his approach to Warren Buffett’s “buy and hold forever” strategy. Vivek Ramaswamy’s chances of becoming Trump’s vice presidential pick have surged by 1,100% on Polymarket....
Crypto Biz: Jump Crypto exec steps down, first MiCA deadline looms, and more
28.6.2024
This week’s Crypto Biz explores the departure of Jump Crypto’s CEO, Animoca Brands’ return to public markets, the corporate dispute between Riot and Bitfarms, and other news
Bitcoin mining company Bitdeer acquires lease for Ohio site
28.6.2024
The 30-year leasing agreement with the Monroe County Port Authority will provide Bitdeer with up to 570 MW of additional power capacity
How Bitcoin Mining is Becoming a Sustainable Hub for BTC Adoption: GoMining Ecosystem Outlook
28.6.2024
The Bitcoin mining industry has come a long way since the days when block rewards were 25 or even 50 BTC, and individuals had a high chance of success using just a single PC to solve blockchain “puzzles.” Today, the competition to mine the next block is intense, with large mining...
Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion
28.6.2024
Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 gigawatts (GW). Bitdeer Expands Power Capacity With New Partnership in Ohio...
Bitfarms adds board member to deter Riot Platforms takeover
28.6.2024
Despite initially planning to buy all Bitfarms’ shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms’ current board was difficult
Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
27.6.2024
In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s...
Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal
27.6.2024
The deal will be all-stock based and has been approved by both companies' board members
Satoshi era Bitcoin wallet wakes up after 14 years, sends 50 BTC to Binance
27.6.2024
The Bitcoin wallet belongs to a miner who earned 50 BTC as mining rewards in July 2010, a time when BTC was trading at $0.05
How Canaan Researches and Develops Green Bitcoin Mining Technology – Tony Li, VP of Canaan
27.6.2024
Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Mr. Zhibing (Tony) Li is the Vice President of Canaan Inc. He recently joined...
Analyst Says Speculators and Bitcoin Miners Responsible for BTC’s Recent Plunge Below $60,000
27.6.2024
A combination of speculators continuously opening new long positions and miners dumping נitcoin to pay for hardware upgrades caused the top cryptocurrency to plunge to $58,000, according to an onchain analyst. The analyst expects the top crypto asset to rebound once the ongoing...
Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue
26.6.2024
The miner has mined 93 million worth of KAS tokens since Sept. 2023
CoreWeave expands Core Scientific computing deal by $1.225B
25.6.2024
Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities
Iceland’s crypto industry has promising future, but faces energy challenges
25.6.2024
Energy-rich Iceland is “making strides” in crypto, says Gulli Gislason of Viska Digital Assets