#mining

Is the U.S. Gaining Monopoly Power Over BTC Mining?

Is the U.S. Gaining Monopoly Power Over BTC Mining?

The United States has dramatically expanded its share in Bitcoin’s global hashrate. Yet, Trump’s proposed control over the mining sector brings more questions than answers.

Iaroslava Kramarenko 9 Jan 2025

Mining Farms Uncovered — How Crypto Is Mined at Scale

Mining Farms Uncovered — How Crypto Is Mined at Scale

As a cornerstone of the crypto industry, mining farms drive blockchain networks. But how do they work? Uncover the mechanics behind these cutting-edge hubs and their role in the crypto landscape.

Daryna Nesterenko 7 Jan 2025

Fred Thiel and His Mining Empire

Fred Thiel and His Mining Empire

The publicly traded mining company MARA Holdings Inc. continues to make headlines in top crypto media outlets. Known for its bold Bitcoin strategy and the establishment of a corporate BTC reserve, MARA uses both free and borrowed funds for Bitcoin acquisitions. But who is the visionary behind this daring approach? Meet MARA’s CEO, Fred Thiel.

Iaroslava Kramarenko 25 Dec 2024

Record-High Profits for U.S. Miners

Record-High Profits for U.S. Miners

Bitcoin mining remains highly lucrative, with profitability on the rise, as noted in JPMorgan’s latest report. The network’s hash rate, an indicator of overall computational power for BTC mining, has grown by 5% since November 2024, pointing to increasing interest and competition in the sector.

16 Dec 2024

Riot Platforms Sets Sights on More BTC with $500M Fund

Riot Platforms Sets Sights on More BTC with $500M Fund

Bitcoin mining heavyweight Riot Platforms has revealed its intention to issue $500 million in convertible notes, with the proceeds largely going toward purchasing Bitcoin.

9 Dec 2024

Swiss Canton of Bern Explores Bitcoin Mining Opportunities

The parliament of Switzerland's canton of Bern will prepare a report on the feasibility of Bitcoin mining, despite objections from the executive branch.

29 Nov 2024

MARA Closed Its $1B Convertible Debt Round to Acquire Bitcoin

MARA Closed Its $1B Convertible Debt Round to Acquire Bitcoin

Marathon Digital Holdings (MARA) raised $1 billion to buy Bitcoin. In a November 21 announcement, the company focused on Bitcoin mining and digital asset computing said they had closed their 0% convertible senior notes offering due 2030.

21 Nov 2024

Is Crypto Mining Worth It and How to Maximize Your Profits?

Is Crypto Mining Worth It and How to Maximize Your Profits?

Buying cryptocurrencies directly isn’t the only way to invest in crypto. Another popular way to support a blockchain's function and earn profits is mining.

Anahit Avetisyan 13 Nov 2024

Deutsche Telekom to Use Excess Energy for Bitcoin Mining

German telecommunications company Deutsche Telekom is testing Bitcoin mining infrastructure using surplus energy.

4 Nov 2024

WhitePool Hits $1.2 Million in a Day!

WhitePool, the mining pool created by WhiteBIT, continues to gain momentum in the mining sector. Since its launch in August 2024, it has quickly climbed to 15th place in the global mining pool rankings.

11 Oct 2024

GoMining Expands to Solana

GoMining Expands to Solana

GoMining, a platform enabling users to earn Bitcoin through tokenized mining hashrate power (a form of cloud mining), has officially integrated with the Solana blockchain.

7 Jan 2025

Crypto Scam — Fake Mining Platform Targets 200 Users

Crypto Scam — Fake Mining Platform Targets 200 Users

Vietnamese police have arrested four suspects accused of defrauding more than 200 people through a fake crypto-mining platform.

6 Jan 2025

How Russia is Building a Shadow Crypto Mining Empire

How Russia is Building a Shadow Crypto Mining Empire

Russia-controlled “shadow territories” in the post-Soviet region have become BTC mining hotspots, generating funds to fuel Kremlin influence operations and acquire dual-use goods.

Iaroslava Kramarenko 20 Dec 2024

Mining Companies Pivot to MicroStrategy’s Approach

Mining Companies Pivot to MicroStrategy’s Approach

As mining becomes less lucrative, companies are adopting MicroStrategy-like strategies, notes JPMorgan. Factors include a surging network hashrate and reward reductions following halving events.

13 Dec 2024

MARA Holdings Announces $700M BTC Acquisition Plan

Publicly traded mining giant MARA Holdings Inc. has unveiled a $700 million convertible senior note issuance, maturing in 2031. Funds will be directed toward expanding its Bitcoin portfolio.

2 Dec 2024

How BTC Can Strengthen the U.S. Economy: MARA Holdings’ Vision

How BTC Can Strengthen the U.S. Economy: MARA Holdings’ Vision

Bitcoin mining company MARA Holdings is urging U.S. policymakers to take bold steps to secure the nation’s dominance in cryptocurrency mining. The company has outlined a comprehensive government strategy for blockchain and cryptocurrency technology to achieve this goal.

27 Nov 2024

Top 5 Crypto Mining Software in 2024: Which One to Choose?

Top 5 Crypto Mining Software in 2024: Which One to Choose?

Mining cryptocurrency is a broad concept. The process involves different hardware and software elements, and the right combination can improve your profitability.

Anahit Avetisyan 16 Nov 2024

Galaxy Pivots BTC Mining Assets Toward AI Computing

Faced with mounting competition in Bitcoin mining, Michael Novogratz’s Galaxy Digital is redirecting its focus. The company is now eyeing alternatives that could promise higher revenue streams.

7 Nov 2024

BTC Mining Difficulty and Network Hashrate Hit New Records!

Bitcoin’s mining difficulty increased by 3.9%, reaching a new all-time high. According to Mempool data, the seven-day moving average of the network hashrate also reached a record level.

23 Oct 2024

Michael Saylor Predicts 99% of Bitcoin Will Be Mined by 2035

Michael Saylor, the CEO of MicroStrategy, made a bold prediction about the future of Bitcoin mining.

30 Sept 2024

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