Tag: Bitcoin Mining
Top BTC Miners Bitdeer, CleanSpark, Core Scientific Initiated Outperform by KBW
Bitcoin mining companies Bitdeer Technologies (BTDR), CleanSpark (CLSK), and Core Scientific (CORZ) have recently garnered attention, receiving an outperform rating from KBW, a renowned investment bank. This report, released on January 27, 2025, highlights...
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. The company has seen significant growth in its AI segment,...
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 co-founder and COO of Luxor Mining, local operations in 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 addresses in profit hit 100% before the halving but fell...
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 period of declining difficulty, indicating a resurgence in miner confidence...
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 reported mining 494 BTC in July 2024, with a total...
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 of power contracts, with 30 MW allocated for the first...
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 has successfully paid off its debt obligations, totaling $77.5 million,...
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 93 million KAS tokens, which are currently valued at approximately...
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 United States. During the BTC Prague conference last week, Dirk...