Mining

Phoenix Group expands mining fleet with $187m Bitmain deal post-IPO

Phoenix Group, a leading Bitcoin mining firm based in the UAE, has… More…

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UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global ASIC Race

Phoenix Group, a bitcoin mining and blockchain infrastructure company,… More…

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Phoenix acquires Bitcoin mining machines for $187M

The deal to purchase mining machines from Bitmain Development PTI… More…

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Bitcoin’s Hashrate Hits Record 549 EH/s in Early 2024 Amid Rising Difficulty and Lower Hash Price

As the first week of 2024 concluded, Bitcoin’s hashrate shattered… More…

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New Year, New Record — Bitcoin’s Difficulty Rises 1.65% in First 2024 Retarget

Bitcoin’s network difficulty experienced its first increase… More…

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Cipher Mining Bolsters Operations With 16,700 Bitcoin Miners From Canaan

The Nasdaq-traded mining company Cipher Mining unveiled plans to… More…

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Cipher Mining buys 16,700 new miners ahead of Bitcoin halving

The Bitcoin mining firm timed the new Avalon miners to install near… More…

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Bitcoin mining firm CleanSpark to launch in-house crypto trading

CleanSpark, the third-largest public Bitcoin mining firm in the… More…

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Kyrgyzstan witnesses major boost in tax revenue from crypto mining

Kyrgyzstan, a country possessing a wealth of untapped hydroelectric… More…

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Tax revenue from cryptocurrency mining modest but growing in Kyrgyzstan

Kyrgyzstan’s untapped hydroelectric capacity could make it a future… More…

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