Mining

Bit Digital winds down Bitcoin mining operations, doubles down on Ethereum as latest ETH treasury play

Bit Digital winds down Bitcoin mining operations, doubles down on Ethereum as latest ETH treasury play

Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy

Bit Digital (BTBT) is changing course to become a dedicated ether staking and treasury operation, the company said Wednesday. The…

Texas Heatwave Triggers 15.8% Drop In Bitcoin Hashrate

The Bitcoin hashrate has recorded its steepest drop in nearly three years, tanking by nearly 16% in under ten days.…

Bitdeer Raises $330M Via Convertible Note Sale

Bitcoin miner and ASIC manufacturer Bitdeer Technologies (BTDR) has completed a $330 million private placement of convertible senior notes maturing…

Tether CEO Paolo Ardoino Makes Bold Statements About Bitcoin (BTC)!

The leading cryptocurrency Bitcoin (BTC) is on the rise again with FED Chairman Jerome Powell’s interest rate cut statements and…

Hashrate Sinks to 8-Month Low—Golden Entry or Looming Risk for Bitcoin Miners?

According to data from BitInfoCharts, Bitcoin’s daily average hashrate has dropped to 684.48 EH/s, the lowest since mid-October last year.…

Norwegian Mineral Mining Firm Eyes $1.2 Billion Raise for Bitcoin Treasury

Norway’s Green Minerals, will—along “with its partners”—invest up to $1.2 billion to establish a Bitcoin treasury, the Euronext Growth Oslo-traded…

Bitcoin Mining Metrics Flash Warning—Is BTC Headed for a Pullback?

Momentum signals are also holding up. The Relative Strength Index (RSI) is sitting at 69, near overbought levels but still…

Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate

Bitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to…

Bitcoin Miner CleanSpark Hits 50 EH/s Hashrate Milestone

CleanSpark (CLSK), a U.S.-based bitcoin BTC$106,199.49 mining firm, said Tuesday that it reached 50 exahashes per second (EH/s) of operational…