By the fourth quarter of 2024, miners on public exchange took it on the chin—high cost increases, high energy prices. Today, they’re averaging $82,162 in costs to mine one Bitcoin. This amounts to a 47% quarterly increase fueled by increasing input costs, tax obligations and cranking competition. CoinShares data shows...
The big new American Bitcoin venture related to the Trump family of right-wing populists seems poised to unveil an IPO. Eric Trump, former President Donald Trump’s son, will operate as co-founder and chief strategy officer. The Trump family is once again plunging headlong into the cryptocurrency space. They hope to...
American Bitcoin, a bitcoin mining company co-founded by Eric Trump, is going public. It will do this primarily by going public through a merger with Gryphon Digital Mining. The acquisition, which was announced by American Bitcoin, is billed as an all-stock deal between the two companies.The new, merged company will...
American Bitcoin, co-founded by Eric Trump, is preparing to go public through a merger with Gryphon Digital Mining. The firm, which has connections to a company once funded by Donald Trump Jr., will close an all-stock deal. This step will allow it to be traded publicly on the Nasdaq stock...
Ethiopia is rapidly positioning itself as a leader in the global Bitcoin mining industry. By continuing to leverage the country’s wealth of renewable energy resources, the country is luring investment and propelling economic growth. Today, Ethiopia has a relatively modest share of the global Bitcoin hash rate—around 2.5%—but it is...
JA Mining ja-mining.com, a rapidly growing, cloud-based Bitcoin mining platform that has introduced Cryptocurrency Mining to a global audience. The platform, which is registered with the UK’s Financial Conduct Authority (FCA), boasts more than 10 million users globally. It provides a more accessible way to mine Bitcoin, one that eliminates...
Bitcoin Solaris recently started its Phase 2. This launch follows the tremendous success of its first phase, which was fully subscribed within days of opening. Through these efforts, the project hopes to ensure that anyone can participate in cryptocurrency mining with a lower barrier, energy-efficient form of cryptocurrency mining than...
Soluna Computing is planning a major expansion of its bitcoin mining activities with the rollout of Project Dorothy 2. The new plan would more than double the capacity of the company’s original Project Dorothy 1. At a glance, it highlights Soluna’s dedication to developing sustainable computing operations.Project Dorothy 2 aims...
Paladin Mining has launched a mining ecosystem that makes entering the cryptocurrency mining sector easier than ever to tap into the interest in investing in digital currencies. The platform offers a selection of customizable, user-friendly contracts. These contracts have lowered the barriers for entry into the Bitcoin mining space. This...