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Mining
NIP Group to Generate 160 BTC Monthly After Major Infrastructure Deal
Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month. NIP Group Scales Bitcoin Mining Capacity to 11.3 EH/s NIP…
MARA Sues to Block Texas County Vote Creating Town Around Its Bitcoin Mine
Bitcoin mining giant MARA has filed a federal lawsuit seeking to block a planned Nov. 4 local election in Hood County, Texas, alleging that county officials unlawfully placed a municipal incorporation measure on the ballot to target its…
Ride the Bitcoin Bull Without Leverage or Derivatives, Just Miners
Want to amplify Bitcoin’s upside without touching leverage or derivatives? ETFs like $WGMI, $MNRS, and $NODE offer a compelling way to ride the cycle, with built-in diversification and exposure to Bitcoin mining. The following guest post…
Canaan’s 4.5 MW Bitcoin Mining Servers Aim to Stabilize Japan’s Power Grid
Canaan revealed it has inked a 4.5-megawatt deal to deploy its Avalon A1566HA hydro-cooled mining servers in Japan to help balance and stabilize the nation’s power grid. Canaan’s Avalon Systems to Power Japan’s Sustainable Energy Effort The…
Bitcoin Miner Argo to Delist from London Stock Exchange Amid Debt Restructuring
Argo Blockchain, one of the earliest publicly listed bitcoin mining companies, said Tuesday it plans to delist its shares from the London Stock Exchange (LSE) as part of a sweeping recapitalization and debt restructuring plan. The company…
Canaan is Building Momentum, But is it a Smart Entry Now?
CAN is back above the $1 mark after trading below it for months. With a landmark 50,000-unit ASIC order and new partnerships with SLNH and Luxor, sentiment is shifting fast. So is this a smart entry point now? The following guest post comes…
Terawulf Plans Record $3.2B Notes Offering to Fund AI Data Center Expansion
Terawulf Inc. (Nasdaq: WULF) has announced plans to raise $3.2 billion through senior secured notes — the largest single debt financing attempted by a publicly traded Bitcoin mining company. This article is from Theminermag, a trade…
Bitcoin Mining Hardware Maker Canaan Launches Gas-to-Computing Pilot in Calgary
Canaan Inc. announced the launch of a gas-to-computing pilot in Calgary, Alberta, that converts wellhead natural gas into low-cost power for high-density computing — a neat way to turn waste into watts. Canaan Pilots Containerized Data…
Bitcoin’s Mining Cycle Enters Reset Phase After Record Difficulty Surge
Over the past two weeks, Bitcoin’s hashrate has fallen by nearly 100 exahashes per second (EH/s) — signaling a slowdown in global mining activity. This decline coincides with a $2 drop in mining revenue per petahash (PH/s) since last month,…
Bitcoin Miners Feast While Crypto Market Fumbles — IREN, Cipher, and Cleanspark Rise Above
On Tuesday, as the entire crypto market slipped more than 2.5%, publicly traded bitcoin miners (36 of them, but not all) strutted in the opposite direction, chalking up a 4% gain during the stock market’s trading session. Bitcoin Miners…