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Bitfufu Secures $100 Million Credit Line From Antpool Technologies

Bitfufu Secures 0 Million Credit Line From Antpool TechnologiesSingapore-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

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

Trump Wins, Bitcoin Surged: What’s Next?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?

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

Hive Digital Reports Slight Rise in Bitcoin Output Amidst Capacity GoalsBitcoin 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 […]

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Jack Dorsey’s Block Bets Big on Bitcoin Mining 

Jack Dorsey’s Block Bets Big on Bitcoin Mining Block, Inc. has outlined a strategic pivot to expand its presence in bitcoin mining, signaling a commitment to the cryptocurrency sector and its infrastructure needs, according to its recent third-quarter shareholder letter. Block’s New Investment Focus on Bitcoin Mining Infrastructure In a letter to shareholders, Block identifies bitcoin mining as a key growth path, driven […]

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UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project

UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure ProjectHodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE) investment firm Hodler Investments has partnered with GCL Energy Investment to develop a distributed energy infrastructure project in Ethiopia. The project is expected […]

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Former Employee’s Hidden Code Turns Workplace Into Crypto Mine

A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of Minnesota. Armbrust, who resigned from his job at Digital River, allegedly accessed the company’s Amazon […]

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Crypto stocks close on huge gains riding Donald Trump’s US election win

Traders have seized on optimism that the more pro-crypto Republicans could also win a majority in Congress after the party won the Senate and the White House.

United States crypto stocks ended the trading day on massive gains — most at double-digits — after a sweeping election win by Donald Trump and a new Bitcoin all-time high.

Crypto exchange Coinbase Global Inc (COIN), one of the biggest donors in the election cycle, saw the biggest gain on Nov. 6, closing up 31.11% at $254.3, now up 62.1% so far this year, according to Google Finance.

The popular trading house Robinhood Markets Inc (HOOD) also jumped 19.6% on the day, as did Bitcoin (BTC) miner MARA Holdings Inc (MARA) — formerly Marathon Digital. The BTC buying MicroStrategy Inc (MSTR) also closed up over 13%.

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Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers

Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain AntminersHut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Mining Efficiency With ASIC Fleet Upgrade As part of this effort, Hut 8 (Nasdaq: HUT) is acquiring […]

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