Singapore-based cloud Bitcoin miner BitFuFu has logged its most significant production month for the year, attributed to an expanded mining fleet. BitFuFu said on Monday it mined 445 Bitcoin in June, representing an 11.3% month-over-month […]
Mainland China chipmaking capacity is accelerating, now poised to become the world’s leading semiconductor foundry hub by 2030, and overtaking Taiwan in total capacity, according to the latest projections from Yole Group. Chinese dominance in […]
Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 Bitcoin (BTC). Some just dipped their toes in, while others dove deeper, repurposing rigs, raising credit […]
MARA (formerly Marathon Digital) reports its Bitcoin holdings have increased to 49,940 BTC, bringing the digital asset miner to the edge of a major corporate milestone and reinforcing a broader market trend of miners retaining […]
Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a favorable macroeconomic backdrop could support the US Federal Reserve’s soft-landing narrative. Shares of Riot Platforms […]
Bitcoin miner CleanSpark has reportedly received approval to build a new mining facility in Mountain City, Tennessee, local media outlet WCYB reported on July 2. According to the report, the Mountain City Board of Mayor […]
Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized by many members of both parties for concerns about healthcare cuts, artificial intelligence regulation and […]
CoreWeave — once a cryptocurrency miner and now a rising AI infrastructure provider — is reportedly in acquisition talks with Core Scientific, after increasing a previously rejected bid made last year to the Bitcoin mining […]
Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Bitcoin […]
Bitcoin miners are holding onto their assets even as mining profitability dips to multi-month lows, a new CryptoQuant report shared with CryptoSlate shows. The data reveals that miner revenues dropped to $34 million on June […]
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