Tag: Mining

Brazilian police seize 1,400 Bitcoin mining equipment for illegal power operation

Authorities in Sao Paulo, Brazil, have teamed up with power company CPFL…

4 Min Read

Bitcoin miner revenue drops by 9.44% due to spike in network difficulty

After approaching $40 per petahash per second (PH/s) in hash price terms,…

5 Min Read

Soluna’s revenue increases by 58% as hosting business offsets downturn in Bitcoin mining

Digital infrastructure company Soluna Holdings reported a significant increase in first-quarter revenue…

3 Min Read

Canaan aims to reach 1GW through trading as home Bitcoin mining revives

The strategy comes as Canaan's new line of business is growing faster…

4 Min Read

Russia approves ban on crypto mining in Kursk border area amid energy crisis

The Russian government has taken decisive steps to curb cryptocurrency mining in…

4 Min Read

Canaan earnings show first-quarter earnings collapse as record BTC and ETH treasury approaches $148 million

make crypto slate priority Canaan's latest financial results reveal a new schism…

12 Min Read

Ionic Digital mined 20.45 BTC in April, production down 27% month-on-month

Bitcoin mining company Ionic Digital reported mining 20.45 Bitcoins $BTC In April,…

3 Min Read

American Bitcoin adds 200 BTC, now holds over 7,500 BTC due to expansion of mining fleet

American Bitcoin (ABTC) acquires an additional 200 Bitcoins, increasing total holdings to…

3 Min Read

Bitcoin miner Canaan posts $88.7 million net loss in first quarter amid BTC decline

Bitcoin miner Canaan reported a net loss of $88.7 million for the…

3 Min Read
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