943 EH/s and Climbing: Bitcoin’s Mining Power Nears Historic Threshold
With bitcoin’s price consolidating following the all-time high (ATH), the network’s computational power has reached an unprecedented zenith, touching a...
Mining
IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the...
IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan
The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining...
Theminermag Bitcoin Mining Update: April/May 2025
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research...
Bitcoin’s shrinking fees could trigger crypto-wide fallout
Justin Drake, a researcher at the Ethereum Foundation, has raised alarms over Bitcoin’s (BTC) long-term security.In a detailed post on...
Bitmain Unveils ‘Most Efficient’ Mining Rig Amid Market Shift
Bitmain has launched the Antminer S23 Hydro series, featuring a performance of 580 terahash per second (TH/s) and a power...
VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way
VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC)...
Pakistan allocates 2,000MW power for Bitcoin mining and AI centers
Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers.The move is part of...
Bitcoin Mining Just Got Tougher as Difficulty Spikes and Hashrate Slips
On Saturday, at block height 897,120, Bitcoin’s mining difficulty increased by 2.13%, reaching 121.66 trillion and marginally raising the computational...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest...
Compass Mining, Synota Redirect Bitcoin Hashrate to Fund Energy and Healthcare Initiatives
Compass Mining has partnered with Synota’s “Impact Mining” initiative to redirect a portion of bitcoin mining revenue toward subsidizing energy...
Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining
Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement...
Behind-the-Meter Bitcoin Mining: Sangha Renewables Breaks Ground on 20 MW Texas Site
Sangha Renewables is turning West Texas sunshine into bitcoin, breaking ground on a 20 MW mining facility powered by solar...
Bitcoin Mining Stocks Continue Rally as Applied Digital Leads Friday’s Gains
Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility...
Bitdeer clocks declining year-over-year revenues in Q1
Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the...
Canadian Bitcoin Miner POW.RE to Acquire Swiss Firm Block Green
Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a...
Paraguay law enforcement thwarts crypto miner heist, deports arrested suspects
Authorities in Paraguay deported three individuals and arrested another in connection with a May 15 attempted robbery at a crypto...
Paraguay deports three undocumented immigrants after crypto mining theft attempt
Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near...
Terengganu Police Dismantle Bitcoin Mining Syndicate in Electricity Theft Crackdown
Terengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations...
Bitfarms clocks loss amid AI pivot
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a...
Bitcoin Miners Catch a Break: Network Difficulty Slides 3.34%
After four straight difficulty hikes beginning March 9, the Bitcoin network finally eased up—registering a 3.34% downward adjustment that offered...
Trump-linked miner American Bitcoin going public via Gryphon merger
Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining company Gryphon Digital Mining, the companies...
