Mining

Miners capitulate again as Bitcoin’s $70,000 price cannot cover $87,000 production cost

Bitcoin $BTC$71,091.27 Currently around 20% below estimated average production costs, increasing financial…

1 Min Read

Mining of 229 BTC proves the resilience of cloud mining

In a significant demonstration of operational scale, Bitfufu, a prominent cloud mining…

9 Min Read

Revival of Venezuela’s oil industry could precede Bitcoin mining boom due to flare gas

Several local mining experts agree that there is enough gas in the…

4 Min Read

BitRiver bankruptcy case exposes Russia’s Bitcoin mining sector

BitRiver, Russia's largest Bitcoin mining facility, is facing growing legal restrictions. financial…

8 Min Read

Here’s what Wall Street analysts are saying after IREN’s poor performance

IREN's (IREN) latest financial results provide a snapshot of a company in…

5 Min Read

TeraWulf rises 11% after acquiring sites in power-rich Kentucky and Maryland

TerraWolf (WULF) rose 11% in premarket Tuesday on news that the company…

2 Min Read

Cipher Mining subsidiary launches $2 billion in funding to fund high-performance computing (HPC) expansion

Cipher Mining announced a $2 billion offer from its subsidiary Black Pearl…

5 Min Read

Bitcoin miners are caught between plummeting prices and the lure of AI

The euphoria of October's record highs has faded, and the industrial backbone…

11 Min Read

Russia’s largest Bitcoin miner BitRiver begins bankruptcy proceedings: Report

BitRiver, Russia's largest Bitcoin miner, is on the brink of collapse amid…

3 Min Read
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