Category: Bitcoin Mining
Putin Declares Russia a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
President Vladimir Putin has declared Russia a leading country in bitcoin mining, attributing this success to the nation’s surplus energy resources, particularly in Siberia. Speaking…
Bitcoin’s Hashrate Hits Record High Despite Price Dip
This week, Bitcoin experienced a dip in value, falling below $55,000. However, behind the scenes, there was a noteworthy development. On September 7, 2024, Bitcoin’s…
Blockstream Offering Third Round of Tokenized Note, Offering Exposure to Its Hashrate
Blockstream and Stokr bring the third round of the BNM2 hashrate-backed security notes that will allow investors to profit from Blockstream’s mining operations. Blockstream’s mining…
Riot Platforms Pushes for Changes in Bitfarms’ Board, Asks to Appoint Two Independent Directors
Riot Platforms has urged Bitfarms’ board to elect two independent directors to better govern the company. Bitcoin mining company Riot Platforms has urged rival Bitfarms’…
Bitcoin Miners Observe the Worst Month in Close to a Year
Bitcoin miners made the lowest revenues in August since September 2023 as the network’s mining difficulty peaked at the highest it has ever been on…
Peer-Reviewed Paper Concludes Bitcoin Mining Can Positively Influence Climate Change
Bitcoin mining can offer the incentives to take capital-intensive methane emission reduction projects off the ground and help them scale. A new peer-reviewed scientific paper…
Bankrupt Bitcoin Miner Rhodium Receives $30 Million Loan Funding Approval
Bankrupt crypto miner Rhodium received court approval for an unusual debtor-in-possession financing plan on Friday that offers options to borrow in either US dollars or…
Bitfarms Takes Charge of Mega-Site in the US, Adding up to 120 MW to Its Operations
This move marks yet another step for Bitfarms in its journey to expand in the US. Bitfarms inked a deal to acquire rival Stronghold Digital…
Rhodium Enterprises Files for Chapter 11 Bankruptcy
Bitcoin mining firm Rhodium Enterprises has filed for voluntary bankruptcy under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas.…
