Bitcoin mining

Russian Power Firm Launches Bitcoin Mining Mutual Investment Fund

Russian Power Firm Launches Bitcoin Mining Mutual Investment Fund

A Russian power firm has launched the nation’s first bitcoin mining-related closed-end mutual investment fund (CEF). The Russian newspaper Vedomosti reported that the fund is called Crypto Factory. It is the brainchild of the Penza-based gas power unit provider Power Systems and the financial management firm Finam. Only qualified investors will be allowed access to […]

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95% Of Bitcoin Hardware Comes From China—Now Its Makers Are Heading To America

95% Of Bitcoin Hardware Comes From China—Now Its Makers Are Heading To America

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Three of China’s biggest Bitcoin hardware makers have quietly set up shop in the US, trying to dodge hefty import fees. Bitmain, Canaan and MicroBT together control over 90% of the world’s mining rigs. Their move comes after US President Donald Trump

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Chinese Bitcoin Hardware Titans Control 95% of Market, Now Coming to America to Dodge Trump Tariff War

Chinese Bitcoin Hardware Titans Control 95% of Market, Now Coming to America to Dodge Trump Tariff War

Three of China’s largest Bitcoin hardware manufacturers are establishing production facilities in the United States as President Donald Trump’s tariff policies reshape the cryptocurrency industry. The three industry leaders, Bitmain, Canaan, and MicroBT, collectively control over 90% of the global mining rig market. These companies are the architects of Bitcoin’s physical infrastructure, manufacturing the specialized

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The Trolls Are Coming: Defending Bitcoin Mining from Patent Trolls

The Trolls Are Coming: Defending Bitcoin Mining from Patent Trolls

Bitcoin Magazine The Trolls Are Coming: Defending Bitcoin Mining from Patent Trolls Introduction: Patent Trolls Targeting Bitcoin Mining Bitcoin’s use of elliptic curve cryptography (ECC), which is essential for generating key pairs and validating digital signatures, has drawn the attention of a nonpracticing entity (NPE), more commonly known as a patent troll. In May 2025,

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Bitdeer Raises 0M to Expand Bitcoin Mining and AI Operations

Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations

Bitcoin Magazine Bitdeer Raises $330M to Expand Bitcoin Mining and AI Operations Singapore-based Bitcoin mining firm Bitdeer Technologies Group has launched a $330 million convertible notes offering, aiming to strengthen its mining operations, develop ASIC rigs, and scale its AI infrastructure.  The notes, due in 2031, carry an annual interest rate of 4.875% and may

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Chinese Bitcoin mining giants move production to US amid tariff tensions

Chinese Bitcoin mining giants move production to US amid tariff tensions

China’s top three Bitcoin mining rig manufacturers, Bitmain, Canaan, and MicroBT, are reportedly shifting parts of their production to the United States, Reuters reported on June 18. The move comes as a response to intensifying trade tensions triggered by President Donald Trump’s renewed tariff policies. These tariffs, aimed at reducing US reliance on foreign technology,

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Senator Hagerty’s Vision Beyond The GENIUS Act: Make Tennessee A Hub For Bitcoin Mining

Senator Hagerty’s Vision Beyond The GENIUS Act: Make Tennessee A Hub For Bitcoin Mining

Bitcoin Magazine Senator Hagerty’s Vision Beyond The GENIUS Act: Make Tennessee A Hub For Bitcoin Mining Senator Bill Hagerty (R-TN) has been in the headlines as of late as the GENIUS Act (S. 1582), a bill for which he was the primary sponsor, moves closer to passing in the U.S. Senate. The GENIUS Act is

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Pakistan’s Strategic Bitcoin Reserve: A Step Toward Orange-Pilling a Nation?

Pakistan’s Strategic Bitcoin Reserve: A Step Toward Orange-Pilling a Nation?

Bitcoin Magazine Pakistan’s Strategic Bitcoin Reserve: A Step Toward Orange-Pilling a Nation? Pakistan’s relationship with Bitcoin has been marked by inconsistency and confusion over the past few years. Initially, the country outright banned bitcoin trading in 2018, citing concerns over fraud, money laundering and lack of regulation. However, over time, their stance softened and regulators

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Bitcoin Hashrate Breaks a New All-Time High – Is a Massive $BTC Price Rally Next?

Bitcoin Hashrate Breaks a New All-Time High – Is a Massive $BTC Price Rally Next?

Bitcoin has hit yet another milestone as its network hashrate reached a new all-time high of 1.046 zettahashes per second, marking the strongest security level in the cryptocurrency’s 16-year history. Source: Bitcoin Magazine This hash rate breakthrough occurs at a time when approximately 93.3% of Bitcoin’s total 21 million supply has already been mined. Due

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Canaan Announces Record Bitcoin Mining Month with Over 109 BTC Mined

Canaan Announces Record Bitcoin Mining Month with Over 109 BTC Mined

Bitcoin Magazine Canaan Announces Record Bitcoin Mining Month with Over 109 BTC Mined Canaan Inc. (NASDAQ: CAN), an innovator in Bitcoin mining, reported today their bitcoin mining update for the month ending May 31, 2025, with 109 bitcoins mined. The company’s total bitcoin holdings rose to 1,466 BTC.  “In May 2025, despite the 10% increase

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