Tag: Mining

Zcash Miner Fortitude powers up Nebraska facility with aim of going public

Simply put Fortitude has brought online a 12-megawatt mining facility in Grand…

4 Min Read

Core Scientific signs agreement with AMD AI as Bitcoin mining business shrinks

Data center operator Core Scientific (CORZ) announced an infrastructure partnership with Advanced…

2 Min Read

Zcash increased 10x in one year, but DCG’s Zcash miner continued to lose money

Fortitude Mining Holdings, Zcash ($ZEC) The mining platform owned by Barry Silbert's…

5 Min Read

Bitcoin miners spend billions on AI, but pivoting could cause them to regret it within a year

Bitcoin miners are directing billions of dollars and scarce power capacity to…

8 Min Read

Jack Dorsey’s escape from BTC miners costs $41.9 million

Core Scientific has transferred at least $67.9 million to Jack Dorsey's block…

5 Min Read

Bitcoin mining electricity usage surges by 38% as hydropower overtakes gas

According to a preliminary study reported by theEnergyMag, annual electricity demand for…

6 Min Read

Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI trading is tempting them anyway

Bitcoin could reduce mining difficulty by about 16% when the next correction…

14 Min Read

Bitdeer sells all 274.6 BTC weekly mined amount, maintains zero treasury stance

Nasdaq-listed Bitcoin mining company BitDeer (ticker: BTDR) announced on X (formerly Twitter)…

4 Min Read

Bitcoin’s 15th difficulty reset puts mining industry under pressure

15th difficulty reduction this year This weekend, the network difficulty decreased by…

3 Min Read
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