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Mining
Bitfarms to Wind Down Bitcoin Mining Operations, Announces AI Pivot
Bitfarms’ CEO Ben Gagnon announced that the company was focused on abandoning the bitcoin mining business and converting its sites to support artificial intelligence workloads in the following two years. The company’s facility in Washington…
New BTC Yield Platform Bridges Gap Between Idle Bitcoin and Miner Capital Needs
Maestro has launched Mezzamine, a bitcoin yield platform that connects idle BTC with miners through on‑chain secured credit facilities. The $2 Trillion Liquidity and Centralization Problem Maestro, an infrastructure provider for bitcoin (…
Phoenix Group Activates 30MW Hydropower-Backed Crypto Mining Facility in Ethiopia
Phoenix Group recently activated a 30 MW hydropower-backed crypto mining facility in Addis Ababa, Ethiopia, in partnership with Ethiopian Electric Power (EEP). Aggressive African Expansion The Abu Dhabi cryptocurrency mining company,…
$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push
Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and Weiss Asset Management. Canaan Attracts…
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…