Showing articles in Mining

Asia Morning Update: BTC Mining Sector Unfazed by New Trump Tariffs

Taiwan Semiconductor Company (TSMC) and Samsung secure exemptions from tariffs due to US investments, easing concerns for BTC mining equipment manufacturers.

Crypto

Bitcoin Mining Stocks Surge as BTC Approaches $123,000 Mark

Bitcoin mining equities are experiencing significant gains as the cryptocurrency reaches new heights.

Crypto

CleanSpark Reports June Bitcoin Mining Achievements, Producing 685 BTC

In June 2025, CleanSpark achieved significant milestones in its bitcoin mining operations, producing 685 BTC and hitting a fleet efficiency of 16.15 J/TH.

Business

Hut 8's Bitcoin Mining Operations Surge Following Long-Term Energy Agreement

A recent five-year agreement with Ontario's electricity provider positions Hut 8 for stable revenue while addressing future energy needs.

Bitcoin news

Eric Trump-Backed American Bitcoin Secures $220 Million for BTC Expansion

American Bitcoin, supported by Eric Trump, successfully raises $220 million to enhance its Bitcoin mining efforts and increase its BTC assets, pursuing a Nasdaq listing.

Crypto

American Bitcoin Secures $220 Million Backing from Trump Family

American Bitcoin Corp raised $220 million to enhance its bitcoin treasury and upgrade mining equipment, with significant backing from the Trump family.

Business

Bitcoin Miner IREN Achieves 50 EH/s Target, Plans AI Investment

IREN Limited successfully reaches its mid-year hashrate goal of 50 exahashes per second, with a focus on expanding AI capabilities at its Texas facility.

Finance

Bitcoin Miner Earnings Hit Two-Month Low, Yet No Signs of Forced Selling

Despite a dip in earnings for Bitcoin miners, there is no indication of them selling their assets, according to CryptoQuant.

Finance

CleanSpark Achieves 50 EH/s Mining Milestone

The Bitcoin mining firm aims to reach a hashrate of 60 EH/s following its latest achievement.

Analysis

The Impact of Tariffs on U.S. Bitcoin Mining

An analysis of the effects of tariffs on the Bitcoin mining industry in the U.S. and the challenges ahead.

Crypto

Increase in Bitcoin Mining Profitability of Nearly 20% Reported by Jefferies

According to a report from Jefferies, bitcoin mining profits surged by 18.2% in May, fueled by a 20% rise in the price of bitcoin.

Crypto

Bitcoin Anticipates Its Largest Mining Difficulty Decline Since July 2021

The recent collapse in Bitcoin's hashrate signals an expected 9% difficulty adjustment, offering short-term relief to miners facing seasonal challenges.

Crypto

Cipher Mining Launches Bitcoin Operations at its New 300 MW Facility

Cipher Mining begins bitcoin production at its Black Pearl facility, aiming for significant hashrate growth by Q3.

Markets

AgriFORCE Unveils Gas-Driven Bitcoin Mining Facility in Alberta, Eyes Major Expansion

AgriFORCE has launched a bitcoin mining site in Alberta fueled by stranded natural gas, aiming for significant future growth.

Crypto

Bitcoin Mining Expenses Surge as Hashrate Reaches New Heights

Public miners intensify efforts as Bitcoin’s hashrate nears the zetahash mark, driving mining costs to unprecedented levels.

Finance

JPMorgan Reports Exceptional First Quarter for Bitcoin Miners

JPMorgan highlights that the beginning of 2025 marked a record quarter for Bitcoin mining companies.

Finance

BitFuFu Achieves Record 34.1 EH/s Hashrate as Bitcoin Production Peaks in May

The Bitcoin mining company BitFuFu reported significant growth in production and hashrate during May, achieving a notable increase in operational efficiency.