Bitcoin mining

Bitcoin Mining Has Huge Role In Energy Production Expansion

Bitcoin Mining Has Huge Role In Energy Production Expansion

Bitcoin Magazine Bitcoin Mining Has Huge Role In Energy Production Expansion The explosive growth of artificial intelligence, cloud computing, and digital finance has transformed electric industry operations.  Forward-thinking miners and utilities can leverage these technological shifts to build generation capacity and create more resilient electrical grids. DATA CENTER LANDSCAPE Data centers locate where speed of […]

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Trump Family Goes All In On BTC, Raising 0 Million For American Bitcoin

Trump Family Goes All In On BTC, Raising $220 Million For American Bitcoin

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Trump family’s foray into the cryptocurrency market is intensifying, with recent developments highlighting their commitment to Bitcoin (BTC).  American Bitcoin, a cryptocurrency mining and holding company backed by Eric Trump and Donald Trump Jr. operating as a subsidiary of Hut8, announced

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Bit Digital Ditches Bitcoin Mining for an All-In Ethereum Staking Play, Raises 3M

Bit Digital Ditches Bitcoin Mining for an All-In Ethereum Staking Play, Raises $163M

Nasdaq-listed Bit Digital has completed a $163 million equity raise specifically to purchase Ethereum, marking a dramatic pivot from Bitcoin mining to ETH treasury accumulation as the company seeks to become a “pure play” staking operation. According to the announcement, B. Riley Securities led the underwritten public offering, which closed on July 1, with underwriters

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Bitcoin Miners See Worst Yearly Payout: Income Drops To M

Bitcoin Miners See Worst Yearly Payout: Income Drops To $34M

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data suggests the Bitcoin miners have recently been the most underpaid in around a year, as daily revenue hits a $34 million low. Bitcoin Miner Revenue Has Observed A Plummet According to data from the on-chain analytics firm CryptoQuant, the margins

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Bit Digital Pivots From Bitcoin Mining to ETH Staking Strategy, Stock Drops 8%

Bit Digital Pivots From Bitcoin Mining to ETH Staking Strategy, Stock Drops 8%

Bitcoin mining firm Bit Digital has announced that it is exiting its mining operations to focus solely on Ethereum staking. The company has initiated the transition to become a “pure play” ETH staking and treasury company. The company said Wednesday that it plans to sell its Bitcoin mining assets and to redeploy net proceeds into

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Tether To Become Largest Bitcoin Miner By End of 2025, CEO Explains

Tether To Become Largest Bitcoin Miner By End of 2025, CEO Explains

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In an interview with crypto news outlet The Block, Paolo Ardoino, CEO of Tether, spoke about the company’s plans to become the largest Bitcoin miner in 2025. Tether has been one of the most profitable companies in the industry over the past

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Bitcoin Hashrate Plunges 11%—Are Miners Turning Bearish?

Bitcoin Hashrate Plunges 11%—Are Miners Turning Bearish?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After setting a new all-time high (ATH) earlier in the month, the Bitcoin Hashrate has seen a crash. Here’s what this could mean for the asset. 7-Day Average Bitcoin Hashrate Has Plummeted Since The Record The “Hashrate” refers to an indicator that

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Russian Crypto Mining Chief: Bitcoin Could Hit 0k Before Summer Is Out

Russian Crypto Mining Chief: Bitcoin Could Hit $130k Before Summer Is Out

A Russian crypto mining firm executive has claimed Bitcoin (BTC) prices could climb to the $130k mark in the second half of summer 2025. The claims came from Vasily Girya, the owner and CEO of the industrial player GIS Mining, the Russian Prime news agency reported. Girya said: “The crypto industry remains attractive to market

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Bitcoin Miners Now ‘Extremely Underpaid’: Ticking Time Bomb?

Bitcoin Miners Now ‘Extremely Underpaid’: Ticking Time Bomb?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data suggests the Bitcoin miners are currently quite underpaid. Could this trigger a selloff from these chain validators? Bitcoin Miners Are Extremely Underpaid According To This Model As pointed out by analyst IT Tech in a CryptoQuant Quicktake post, the Miner

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Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin

Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin

Bitcoin Magazine Genesis Digital Assets Limited Acquires 1000 Air-Cooled Miners to Mine Bitcoin Today, Genesis Digital Assets Limited (GDA), one of the largest Bitcoin mining companies in the world in terms of hash rate, has announced it has entered a purchase agreement with Auradine, a Silicon Valley-based provider of blockchain and AI infrastructure solutions. In

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