Core Scientific shares are skyrocketing today after the news that takeover talks with CoreWeave have reportedly been revived. This announcement follows Core Scientific’s record-breaking first quarter earnings, where net income more than tripled to $580 million. The historic acquisition—which would be the first of its kind in the state—could be...
HIVE Digital Technologies Ltd. is a global leader in sustainable digital all infrastructure. Just a week or so ago, they said that they had reached their financial results for year ending March 31, 2025. The firm works in Canada, Sweden, and Paraguay. It’s currently in growth mode, aggressively expanding its...
Bitcoin mining’s tremendous energy appetite and carbon footprint is under growing scrutiny from regulators and environmental advocates across the globe. The industry now uses more electricity than 46 U.S. states, at least 150 TWh per year and counting. Most of the increase in carbon emissions has been caused by an...
As a result, Bit Digital’s share price fell by 3.83% after the market close, ending the after-hours trade at $2.26. This change came on the heels of the company’s recent purchase of an industrial building in Madison, North Carolina, for $53 million. During this time, SharpLink Gaming has established itself...
BAY Miner recently released their revolutionary AI-Cloud mining platform. It offers a large selection of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Litecoin and Dogecoin. The platform as a whole is designed to help make cryptocurrency mining easier, so it is an excellent solution for novice and advanced...
Bitcoin’s hashrate plummeted, raising fears and provoking wild speculation among bitcoiners. The decline, which began in mid-June, coincided with both geopolitical events in Iran and rising electricity costs, raising concerns about the network's stability and the profitability of Bitcoin mining. A full explanation remains well beyond our grasp. The juxtaposition...
Bitcoin, the world’s first and most successful cryptocurrency, has transformed the landscape of digital finance, but its environmental consequences are raising alarm bells. The implications of bitcoin mining’s energy consumption are dire and alarming. Its massive ecological footprint, creation of e-waste, and overconsumption of natural resources have left environmentalists rattled....
CryptoMiningFirm has introduced a new cloud mining platform. This powerful platform revolutionizes the process of cryptocurrency mining, making it more user-friendly and accessible for everyone. The platform eliminates the headaches and expenses of costly, complicated mining hardware. Now, with AI-driven, green cloud mining solutions, users can earn passive income in...
Bit Digital (NASDAQ BTBT) has revealed its new strategic direction, transitioning into a pure-play Ethereum (ETH) staking and treasury management firm. The firm now aims to exchange its current Bitcoin (BTC) inventories into Ethereum (ETH). It will discuss its strategic alternatives for its Bitcoin mining business. These options even go...