Tag: Bitcoin Mining
Embracing the AI Boom: Northern Data Considers Leaving Bitcoin Mining Roots
Northern Data, Europe's largest Bitcoin miner, is considering selling its mining division, Peak Mining, to focus more on its rapidly growing AI Solutions business....
Ethiopia’s Renewable Energy Powers Low-Cost Bitcoin Mining
Ethiopia is making strides in the world of Bitcoin mining by leveraging its abundant low-cost energy from renewable sources. According to Ethan Vera, the...
Bitcoin Profitability Before and After Halving: A Detailed Analysis
Bitcoin's profitability has been a hot topic of discussion recently, especially with the upcoming halving event. According to recent data, the percentage of Bitcoin...
Bitcoin Network Difficulty Reaches Record High Amid Price Volatility
Bitcoin’s network difficulty has reached a new high, hitting 90.67 trillion on August 2, 2024, as reported by CoinWarz. This achievement comes after a...
CleanSpark’s Bitcoin Treasury Grows by 567% Since 2023
CleanSpark, a public Bitcoin miner in the US, has seen a significant increase in its Bitcoin treasury, growing by 567% since 2023. The company...
CleanSpark expands Bitcoin mining operations with first site acquisition in Wyoming
CleanSpark, a Nasdaq-listed BTC miner, has expanded its Bitcoin mining operations by acquiring its first site in Wyoming. The company has executed 75 megawatts...
Scaling Bitcoin Mining and AI Operations: TeraWulf’s Strategic Plans
TeraWulf has recently made a significant announcement regarding its plans to scale up its Bitcoin mining and AI operations. The company disclosed that it...
Diversifying Revenue: Bitcoin Miner Marathon Mines $15M Worth of Kaspa Tokens
Marathon Digital, a Bitcoin miner, has recently diversified its revenue streams by mining Kaspa tokens. Since September 2023, Marathon has mined a total of...
Deutsche Telekom Plans Bitcoin Mining Expansion
Bitcoin mining could be getting a big new player soon: Deutsche Telekom, the parent company of T-Mobile, one of the largest telcos in the...
Texas Power Grid Requires Larger Increase to Handle AI and Bitcoin Mining Demands
Texas is facing a growing demand for energy due to the increasing needs of bitcoin mining and artificial intelligence data centers. The CEO of...