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DOGE Mining Firm Z Squared To Go Public Through Merger
25.4.2025
The merger with Coeptis (COEP), a biopharmaceuticals company, is expected to occur in Q3 2025
Arkansas city rejects crypto mining proposal after community pushback
25.4.2025
The planning commission of Vilonia, Arkansas, has unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits following strong opposition from local residents.According to local reports, the decision came after weeks of community pushback, where citizens...
Bitdeer Soars, but Scandal Looms—Is the Rally Built on Shaky Ground?
24.4.2025
Bitcoin’s rally and a reported $200 million credit facility propelled Bitdeer Technologies (BTDR) to the No. 2 spot for top-performing stocks after an April 22 surge. Despite this, Callisto Research questions Bitdeer’s financial transparency and its opaque relationships with Chinese entities on...
Alert: Bitcoin Mining Could Collapse Paraguay’s Power Grid by 2029
24.4.2025
The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities, Paraguay’s power grid could collapse as early as 2029. The union proposed diversifying the nation’s energy sources and reducing dependence on hydroelectricity....
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...
Russia May Expand Bitcoin Mining Restrictions to Additional Regions
24.4.2025
Three more regions in Russia have applied to join others in limiting bitcoin mining activities due to the high energy consumption of these operations. The Ministry of Finance stated that it is still undecided whether these new regions will impose a full mining ban or only restrictions during...
Kuwait Warns Against Illegal Cryptocurrency Mining
24.4.2025
Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior in Kuwait has issued a warning against...
Galaxy , CoreWeave Expand Alliance With Data Center Expansion
23.4.2025
Galaxy shares surged 8% and are now 60% higher than their April lows
Crypto-Linked Tickers Jump on US-China Optimism, Mining Stocks Post Double-Digit Gains
22.4.2025
As digital tokens glittered on Tuesday, equities tethered to the sector followed suit, with Coinbase ending the session up 8.57% and Strategy’s common stock advancing 7.95%. Bitcoin Sits Idle While Its Proxies Sprint: Publicly Traded Miners Chalk up Double‑digit Gains Listed firms linked to...
How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls
22.4.2025
The bitcoin mining industry routinely underreports the value of imported ASIC shipments to the U.S., multiple sources told CoinDesk
Hashprice Below $40? Mining Report Paints a Stark Picture for Bitcoin Miners
22.4.2025
Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical break‑even territory. Trump Tariffs Add Jitters to Miners Already Hit by Rising Difficulty, Study Finds According to theminermag.com data compiled...
From 920 EH/s to 868 EH/s: Bitcoin’s Hashpower Takes a 50 EH/s Hit
21.4.2025
After the network achieved an all‑time high of 926 exahash per second (EH/s) and experienced a 1.42% difficulty bump to 123.23 trillion, roughly 52 EH/s have exited the network since April 17. Difficulty Spike and Hashrate Drop Lengthen Block Times Bitcoin’s computational capacity has eased since...
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 Miners Press on as Difficulty Climbs 1.42% in Early Saturday Adjustment
19.4.2025
Around 4 a.m. Eastern time Saturday, when Bitcoin’s block height reached 893,088, the network difficulty ratcheted upward to a new all‑time high, making the quest for new blocks considerably more difficult for miners. Block 893,088 Triggers Another All‑Time High in Mining Complexity After the prior...
Feds Mistakenly Order Estonian HashFlare Fraudsters to Self-Deport Ahead of Sentencing
18.4.2025
Ivan Turogin and Sergei Potapenko ran a crypto mining Ponzi scheme that defrauded investors around the world of more than $575 million
Auradine Raises $153M Series C for Bitcoin Mining, AI Data Center Networking
17.4.2025
The funding round takes Auradine's total backing to $300 million
Auradine Raises $153M in Series C to Boost Blockchain and AI Infrastructure
17.4.2025
Auradine, a U.S.-based firm in energy-efficient blockchain and artificial intelligence (AI) infrastructure, has raised $153 million in a Series C funding round to accelerate its growth and innovation. Auradine Hits $300M Total Funding With Latest $153M Investment The oversubscribed round was led...
Public mining firms sold over 40% of their BTC in March — Report
16.4.2025
Publicly listed Bitcoin miners sold over 40% of the collective coins mined in March, representing the largest monthly BTC liquidation for mining firms since October 2024 and reversing the post-halving trend of accumulating Bitcoin (BTC) for a corporate treasury strategy, according to TheMinerMag...
Public Bitcoin Miners Sell 40% of Mined BTC Amid Rising Cost Pressures
16.4.2025
Public bitcoin miners offloaded over 40% of their mined BTC in March, signaling renewed financial pressure amid low hash price and rising operational costs. Mining Firms Resume BTC Liquidations to Fund Operations and Growth Public bitcoin mining companies resumed heavy selling in March, parting...
CoinDesk Announces Eric Trump as a Headline Speaker at Consensus 2025
16.4.2025
The president’s son will discuss his mining venture American Bitcoin alongside Asher Genoot, Chief Executive Officer of Hut 8