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 move comes as KULR continues to increase its role in Bitcoin mining. By late summer they expect to be operating at a maximum of 1.25 exahash per second (EH/s). This expansion is expected to install a new infrastructure expanding KULR’s proforma Bitcoin mining capacity to 750 petahash per second...
ALR Miner, a London-based cloud mining provider, plans to disrupt the cloud cryptocurrency mining industry with a zero-fee service. Founded on July 9, 2025, and with a unique business model. This method eliminates all the standard expenses associated with Bitcoin and Litecoin mining, such as upkeep, power, and exchange fees....
Once an Ethereum mining operation, CoreWeave is now a major AI data center provider. They recently made headlines by announcing an all-stock agreement to acquire Core Scientific for roughly $9 billion. This acquisition provides CoreWeave with near instant access to scale and predicated power. It further cements the company’s hand...
Bitcoin just vaulted to a new all-time high, blasting through $111,980 and into price discovery mode. As of Wednesday afternoon, one Bitcoin had reached an all-time high of $112,052. Much of this increase was propelled by an incredible tech stock boom, spearheaded by Nvidia. Despite this lightning fast growth, Bitcoin...
Hyperscale Data is aggressively expanding its Bitcoin mining operations, projecting significant revenue growth contingent on stable Bitcoin prices and successful execution of its expansion plans. The companies approach centers around strategic partnerships, grid-hedging, and massive capital investments to far outpace competitors and scale its data center capacity. Yet the undertaking...
Hyperscale Data (NYSE American: GPUS) has reported substantial advancements in its Bitcoin mining operations, achieving significant revenue and expanding its operational footprint. The company had previously launched two different Bitcoin mining sites with great success. In doing so, this expansion of theirs has more than tripled its Bitcoin mining revenue...
We’re HIVE Digital Technologies and we have some pretty cool news! In fact, they just announced a wild 18% MoM increase on Bitcoin production with a total of 164 BTC produced. The successful launch of Phase 1 of the Paraguay expansion has contributed to this increase span. Consequently, the company’s...
Russia has been cracking down on crypto mining, but the restrictions have changed by the region and on a weekly basis. Many of these measures began as early as March of this year. They stretch to March 3031 and impose steep, annual limits specifically calibrated to rein in the booming...