IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan
The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining...
Mining
Bitmain Unveils ‘Most Efficient’ Mining Rig Amid Market Shift
Bitmain has launched the Antminer S23 Hydro series, featuring a performance of 580 terahash per second (TH/s) and a power...
Is this still Satoshi’s Bitcoin? Bitcoin Conference keynotes dominated by politicians and corporations
Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k...
Theminermag Bitcoin Mining Update: April/May 2025
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research...
VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way
VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC)...
Hashpower Hot Zones: North America, Eurasia, and Latin America Lead Bitcoin’s Hashrate Race
At press time, the Bitcoin network hashrate is cruising along just above the 900 exahash per second (EH/s) range and...
Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers
Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data centers.According to a Bloomberg report,...
Pakistan allocates 2,000MW power for Bitcoin mining and AI centers
Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers.The move is part of...
Compass Mining, Synota Redirect Bitcoin Hashrate to Fund Energy and Healthcare Initiatives
Compass Mining has partnered with Synota’s “Impact Mining” initiative to redirect a portion of bitcoin mining revenue toward subsidizing energy...
Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining
Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement...
Behind-the-Meter Bitcoin Mining: Sangha Renewables Breaks Ground on 20 MW Texas Site
Sangha Renewables is turning West Texas sunshine into bitcoin, breaking ground on a 20 MW mining facility powered by solar...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest...
Canadian Bitcoin Miner POW.RE to Acquire Swiss Firm Block Green
Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a...
Paraguay law enforcement thwarts crypto miner heist, deports arrested suspects
Authorities in Paraguay deported three individuals and arrested another in connection with a May 15 attempted robbery at a crypto...
Bitdeer clocks declining year-over-year revenues in Q1
Bitdeer Technologies Group reported a 41% year-over-year drop in revenue to $70.1 million for the first quarter of 2025, the...
Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW
Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there...
Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million...
Bitfarms clocks loss amid AI pivot
Bitfarms clocked a first-quarter net loss of $36 million, widening from a $6 million loss in the same period a...
Terengganu Police Dismantle Bitcoin Mining Syndicate in Electricity Theft Crackdown
Terengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations...
Trump-linked miner American Bitcoin going public via Gryphon merger
Bitcoin mining firm American Bitcoin is going public through a merger with crypto mining company Gryphon Digital Mining, the companies...
Bitcoin Miners Catch a Break: Network Difficulty Slides 3.34%
After four straight difficulty hikes beginning March 9, the Bitcoin network finally eased up—registering a 3.34% downward adjustment that offered...
Bitcoin’s Hashrate Hits New Peak as Miners Ride Price Wave
Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting...
