Category: Bitcoin Mining
TeraWulf Sells 25% Stake in Nautilus Mine for $92 Million
Bitcoin mining company TeraWulf has sold its 25% stake in the nuclear-powered Nautilus Bitcoin mine to its joint venture partner Talen Energy for $92 million.…
Bitcoin Miner Hut 8 Clears $38 Million Debt With Anchorage Digital, Eyes AI Expansion
Hut 8 closed its debt early with Anchorage Digital as it makes strides in expanding into the AI and HPC industries. Miami-based Bitcoin mining firm…
Proton Management Files Motion to Dismiss Swan Bitcoin Suit, Calls it Flawed
Bitcoin mining firm Proton Management asked a Californian court to dismiss the lawsuit brought by Swan Bitcoin against it over severe flaws. Proton Management has…
7 Most Profitable Cloud Mining Sites of 2024: Boost Your Crypto Earnings
Bitcoin cloud mining presents a highly profitable and long term investment opportunity for those looking to earn cryptocurrency without the upfront costs and complexities of…
Bitfarms Will Add 2.2 EH/s of Power to Stronghold Digital’s Facility in October
Bitfarms will add 10,000 Bitmain T21 miners to a Stronghold Digital facility to increase computing power and diversify its operations. Bitcoin mining firms Bitfarms and…
Norwegian Town Faces Higher Electricity Bills After Bitcoin Mine Closure
Residents of Hadsel, a small town in Norway, are seeing a sharp increase in their electricity bills following the shutdown of a local Bitcoin mine.…
Bitdeer Announces Auction for Used Mining Equipment
Bitdeer (NASDAQ: BTDR) has announced a forthcoming auction for used mining equipment on its official website. The auction will feature a total of 2,880 used…
CEX.IO Resumes UK Operations After 10-Month FCA Compliance Suspension
CEX.IO restarts UK operations and provides access to 190 digital assets following FCA compliance. The UK’s position as a worldwide digital hub is being strengthened…
Bitcoin Miners Push Hash Rate to Record Highs Despite Falling Revenue
The Bitcoin mining industry is showing strong commitment despite facing financial challenges. According to Glassnode, a prominent crypto market intelligence platform, Bitcoin miners drive the…
