Tag: Mining News

Russia approves ban on crypto mining in Kursk border area amid energy crisis

The Russian government has taken decisive steps to curb cryptocurrency mining in…

4 Min Read

Ionic Digital mined 20.45 BTC in April, production down 27% month-on-month

Bitcoin mining company Ionic Digital reported mining 20.45 Bitcoins $BTC In April,…

3 Min Read

American Bitcoin adds 200 BTC, now holds over 7,500 BTC due to expansion of mining fleet

American Bitcoin (ABTC) acquires an additional 200 Bitcoins, increasing total holdings to…

3 Min Read

Bitcoin miner Canaan posts $88.7 million net loss in first quarter amid BTC decline

Bitcoin miner Canaan reported a net loss of $88.7 million for the…

3 Min Read

Canaan stock plummets as CEO says Middle East conflict clouds outlook for Bitcoin miners

Simply put Canaan's revenue fell 68% sequentially to $62.7 million, and its…

4 Min Read

Why Bitcoin Miners Liquidate the Assets They Built

The public Bitcoin mining sector is facing a massive structural identity crisis.…

6 Min Read

Bernstein bets Bitcoin miners could become AI infrastructure giants

Research firm Bernstein has taken a bullish stance on publicly traded Bitcoin…

3 Min Read

Bitcoin miners emerge as major winners of $90 billion AI data center boom

A surge in AI demand for power-hungry data centers has led publicly…

6 Min Read
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