Canaan Expands North American Bitcoin Mining Operations, Secures Order From Hive

November 20, 2024 Bitcoin.com

Canaan Inc., a publicly listed manufacturer of bitcoin (BTC) mining hardware and blockchain infrastructure provider, has shared plans to broaden its self-mining footprint in North America. Publicly Listed Bitcoin Miner Canaan Bolsters U.S. Presence The announcement published on Wednesday says Canaan (Nasdaq: CAN) aims to reach a computing capacity of 10 exahash per second (EH/s) […]

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Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa

November 19, 2024 Bitcoin.com

Bitcoin mining

Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. Compass Mining’s Iowa Expansion Highlights Growing U.S. Presence Compass Mining has announced the development of a bitcoin mining facility on a five-acre site in Iowa. The company plans to energize eight megawatts (MW) […]

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Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions

November 17, 2024 Bitcoin.com

Ban

The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have the right to impose such a ban following the enactment of the recent national cryptocurrency law this month. Russian Energy Ministry Proposal Would Limit Crypto Mining Activities in Special Regions While authorities have […]

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Hive Announces Paraguayan Mining Site Construction Update, Hardware Revamp

November 16, 2024 Bitcoin.com

Bitcoin mining

Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down on Paraguayan Mining Bet, Announces […]

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BTC’s Climb Lifts Miner Revenue, Restoring Hashprice to June Levels

November 13, 2024 Bitcoin.com

Bitcoin

As bitcoin’s price rises to new heights, miners are cashing in, with the value of 1 petahash per second (PH/s) of SHA256 hashrate reaching the highest peak in 152 days. Miner Earnings Rebound as Bitcoin Climbs Bitcoin miners are savoring the latest BTC price highs, with the hashprice climbing 31.63% since Nov. 5. Essentially, hashprice […]

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Bitfufu Secures $100 Million Credit Line From Antpool Technologies

November 12, 2024 Bitcoin.com

Bitfufu Secures 0 Million Credit Line From Antpool Technologies

Bitcoin

Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In a move reflecting Bitfufu‘s ambitious growth goals, the cryptocurrency mining company entered into a two-year Master Loan Agreement (MLA) with Antpool Technologies. Under this arrangement, […]

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Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future

November 12, 2024 Bitcoin.com

Bitcoin (BTC)

Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites in the country. Two sites have already been acquired, and one is in development in Ohio, which will provide the company with 372 megawatts that will be fully energized by 2025. Mara Bets on U.S. […]

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Trump Wins, Bitcoin Surged: What’s Next?

November 10, 2024 Bitcoin.com

Bitcoin

Bitcoin hit an all-time-high and mining stocks soared on the very same day Donald Trump won the U.S. presidency. Explore Trump’s bold crypto promises—could this mark a new golden era for Bitcoin and cryptocurrency? The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on […]

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Is Helium mining still profitable?

November 9, 2024 Coin Telegraph

Coin Telegraph

While Helium mining can be profitable, factors like location, network congestion and HNT price fluctuations influence earnings.

Helium mining is the mechanism that powers the Helium network to provide global wireless technology for Internet-of-Things devices.

Helium involves running a hotspot to provide coverage for Internet-of-Things (IoT) devices via the Helium Network. Miners are required to run specialist hardware devices to create wireless connectivity.

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Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity Goals

November 8, 2024 Bitcoin.com

Bitcoin

Bitcoin miner Hive Digital reported modest growth in bitcoin production for October, while advancing its mining capacity and infrastructure. Hive Digital Discloses Modest Bitcoin Output Gains Vancouver-based Hive Digital (Nasdaq: HIVE) reported incremental growth in its bitcoin production for October, maintaining consistent operational metrics while advancing its mining infrastructure. The publicly listed mining firm, which […]

Mining

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