Mining company Ourhash accelerates development: acquires 80,000 mining machines from Bitmain
On January 2, 2025, Ourhash announced its latest strategic move, entering into a partnership with Bitmain to purchase up to 80,000...
Frax Finance Eyes Blackrock’s BUIDL Token as Next-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which currently holds the ninth spot among fiat-pegged tokens by marke...
Crypto's resilience: ETFs attract millions despite market woes
On Wednesday, Dec. 18, 12 Bitcoin (BTC) spot exchange-traded funds (ETFs) attracted $275.39 million in positive inflows, even as t...
Bitcoin miner Foundry lays off employees to focus on core business
Foundry, a leading Bitcoin mining company, has cut nearly a third of its staff as part of a wider restructuring effort.Bitcoin Min...
Inside Cleanspark's Efficiency Efficiency Initiative Using 3,800 Immersion-Cooled Canaan Bitcoin Miners
Canaan Inc. has announced a new agreement with Cleanspark Inc. to deliver 3,800 Avalon A1566I miners to the publicly traded bitcoi...
Bitcoin is the digital oil well that's driving economic resurgence in rural Texas, mayor says
Mayor Ward Roddam of Rockdale, Texas, believes Bitcoin mining is key to the city’s recovery following the closure of its largest e...
Bitcoin Hashrate Approaches All-Time Peak Despite Difficulty Increase and Revenue Loss
Despite increasing mining difficulty and falling hash prices, Bitcoin’s total hash rate is still rising. In fact, on Wednesday, it...
Historic Drop in Bitcoin Revenue Leaves Miners Struggling
After peaking at 677 exahash per second (EH/s) on July 25, Bitcoin’s network hashrate declined to 629 EH/s as of Aug. 4. The recen...
MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase
MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter o...