Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch
Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight...
Mining
Kuwait bans Bitcoin mining over energy concerns and legal violations
Kuwait’s Ministry of Interior has outlawed Bitcoin mining, citing excessive power consumption and violations of national regulations.In an April 22...
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
Update (April 30, 2025, 8:03 AM): This article has been updated to correct share price data. The previously included data...
Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy
The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling...
Bitcoin mining pushes sustainability agenda with over 50% of energy generated from renewables
Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the...
Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July
A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1...
Bitcoin mining costs soar 47% to $137K in Q4 amid rising input costs, tax liabilities
The average cost to mine one Bitcoin (BTC) increased sharply in the fourth quarter of 2024, reaching $82,162 among publicly...
Arkansas city rejects crypto mining proposal after community pushback
The planning commission of Vilonia, Arkansas, unanimously rejected a proposal to establish a cryptocurrency mining facility within the city limits,...
Alert: Bitcoin Mining Could Collapse Paraguay’s Power Grid by 2029
The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities,...
Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loan
Bitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral.According...
Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate
Bitcoin mining firm Bitdeer secured $60 million in loans to ramp up its Bitcoin ASIC manufacturing efforts as global mining...
Hashprice Below $40? Mining Report Paints a Stark Picture for Bitcoin Miners
Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical...
Bitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business...
Bitcoin Miners Press on as Difficulty Climbs 1.42% in Early Saturday Adjustment
Around 4 a.m. Eastern time Saturday, when Bitcoin’s block height reached 893,088, the network difficulty ratcheted upward to a new...
Kyrgyzstan’s president signs CBDC law giving ‘digital som’ legal status
Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency pilot project...
Auradine Raises $153M in Series C to Boost Blockchain and AI Infrastructure
Auradine, a U.S.-based firm in energy-efficient blockchain and artificial intelligence (AI) infrastructure, has raised $153 million in a Series C...
Public mining firms sold over 40% of their BTC in March — Report
Publicly listed Bitcoin miners sold over 40% of the collective coins mined in March, representing the largest monthly BTC liquidation...
Report: Bitdeer Eyes US Bitcoin Mining Rig Production as Industry Navigates Tariff Uncertainty
Publicly listed bitcoin mining company Bitdeer is preparing to manufacture its mining equipment in the United States, a move shaped...
Tether commits hash rate to OCEAN Mining, extending mining operations on Africa
Tether announced on April 14 that it will begin deploying current and future Bitcoin (BTC) mining hashrate on OCEAN Mining...
US crypto miners may rush to buy rigs in tariff pause despite ‘clear disadvantage’
US Bitcoin mining firms will try to capitalize on the Trump administration’s recent tariff pause by stocking up on mining...
Trump Tariff Relief Covers Consumer Tech; Bitcoin Miners May Face Classification Hurdles
U.S. President Donald Trump disclosed over the weekend that certain electronic devices will be exempt from the ongoing tariffs imposed...
How to mine Bitcoin at home in 2025: A realistic guide
Key takeawaysLottery mining is cheap and fun, but don’t count on hitting a block.Solo ASIC mining gives you complete control,...
