Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May.
The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.
The Bitcoin miner posted decreased YOY revenues for 2023 but said narrowing losses and increased investments in infrastructure are strong points heading into the Bitcoin halving.
Hashlabs Mining co-founder and chief mining strategist Jaran Mellerud said Ethiopia, Nigeria, Kenya, Argentina and Paraguay could pick up more hash rate in the coming years.
The U.S. Energy Information Administration will conduct a six-month mandatory survey involving all commercial cryptocurrency proof-of-work mining companies in the country.
Bitcoin mining is often sold as a danger to the environment, but what if BTC could be a tool to enhance the transition to renewable energies?
An annual review of the Bitcoin mining industry reflects how large-scale miners had to tackle all-time high hash rates and difficulty adjustments.
The International Energy Agency expects AI’s energy consumption to skyrocket, but it still pointed the finger at crypto as an overconsumer.
The Bitcoin mining firm hit back at a report from short sellers issued six days earlier, claiming the report was “filled with inaccuracies.”
The legislation establishes rights for digital assets miners and validators and provides tax incentives for the purchase of goods and services with cryptocurrencies.
