Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy
Crypto miner Bit Digital will sell off its bitcoin operations to deepen its ETH staking and treasury shift.
Bitcoin Mining
Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
The amended facility adds $65 million in capital availability and trimmed the interest rate to 9%.
HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End
The firm’s hydropowered Paraguayan facilities fuelled a 58% monthly hashrate jump.
Bitcoin Miner 1Q Results May Disappoint as Hashprice Fell, Tariffs Hit: CoinShares
Bitcoin (BTC) miners’ first-quarter results may disappoint because the hashprice, a measure of daily mining profitability, fell further and trade tariffs weighed on the market, asset manager CoinShares (CS) said in a blog post on Friday. “Q2 results may show deterioration, as tariffs on imported mining rigs range from 24% (Malaysia) to 54% (China),” analysts led by James Butterfill wrote. […]
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.
Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC
The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.
Proof-of-Work Crypto Mining Doesn’t Trigger Securities Laws, SEC Says
In a staff statement published Thursday, the SEC said that both solo mining and mining pool operations would fail the first prong of the Howey Test.
Bitcoin Miners Feel Squeeze as Hashprice Erases Post-Election Gains
Transaction fees made up just 1.3% of total block rewards in February, marking the lowest share since the last bear market bottom in 2022.
Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin’s price drop..
Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure
The bitcoin miner held over 10,000 bitcoin at the end of last year.