Tag: Mining News

Buddha County, Sichuan Province Bans All Cryptocurrency Mining

Local authorities in Buddha County, located in China's Sichuan province, have taken…

4 Min Read

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
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