Tag: Mining News

Buddha County, Sichuan Province Bans All Cryptocurrency Mining

Local authorities in Buddha County, located in China's Sichuan province, have taken…

4 Min Read

Miners capitulate again as Bitcoin’s $70,000 price cannot cover $87,000 production cost

Bitcoin $BTC$71,091.27 Currently around 20% below estimated average production costs, increasing financial…

1 Min Read

Mining of 229 BTC proves the resilience of cloud mining

In a significant demonstration of operational scale, Bitfufu, a prominent cloud mining…

9 Min Read

TeraWulf rises 11% after acquiring sites in power-rich Kentucky and Maryland

TerraWolf (WULF) rose 11% in premarket Tuesday on news that the company…

2 Min Read

Cipher Mining subsidiary launches $2 billion in funding to fund high-performance computing (HPC) expansion

Cipher Mining announced a $2 billion offer from its subsidiary Black Pearl…

5 Min Read

Bitcoin miners are caught between plummeting prices and the lure of AI

The euphoria of October's record highs has faded, and the industrial backbone…

11 Min Read

Russia’s largest Bitcoin miner BitRiver begins bankruptcy proceedings: Report

BitRiver, Russia's largest Bitcoin miner, is on the brink of collapse amid…

3 Min Read

Bitcoin miners reach ‘shutdown price’ as profitability falls to multi-month low

Older and mid-priced mining rigs such as the Antminer S19 XP+ Hydro,…

5 Min Read
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