Mining

Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million

In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues… More…

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El Salvador Reportedly Mined Nearly 474 BTC Using Geothermal Energy

El Salvador, the first country to adopt bitcoin as legal tender, has… More…

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Bitcoin Miners Face Significantly Reduced Earnings in May Despite Bitcoin Price Rise

According to the seven-day simple moving average (SMA) statistics… More…

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As Bitcoin rebounds to $66k, short-term holders sell at ‘basically zero profit’

While large investors appear to demonstrate their interest in Bitcoin,… More…

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El Salvador’s ‘Bitcoin Office’ Reports Volcano-Based Geothermal System Mined 474 BTC in Three Years: Report

El Salvador’s National Bitcoin Office is reporting that its… More…

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Oklahoma’s new crypto law protects miners, sets blockchain legal framework

Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates … More…

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Bitcoin Miner Bitfarms Enhances Paraguay Facility With New 100 MW Hydropower Deal

On Tuesday, bitcoin mining company Bitfarms, listed on the Nasdaq… More…

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Biden Shuts Down Chinese-Backed Crypto Mine Near Nuke Missile Base

United States President Joe Biden has ordered the shutdown and sale… More…

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Kaiko: Bitcoin miners feel pressure of slashed rewards post-halving

Analysts at blockchain firm Kaiko say Bitcoin’s recent halving might… More…

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Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments

Russian authorities have reportedly proposed to impose hefty fines… More…

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