The facility, the former enterprise of VBit Technologies, was recently seized by the U.S. government acting under a federal asset forfeiture statute. In their suit, they charge the firm’s complicity in the company’s own alleged Ponzi scheme that defrauded investors. The once-prized operation is now caught up in a contentious...
The cryptocurrency landscape is extremely fast moving. With it, the need for efficient and reliable Bitcoin mining solutions is on the rise. Among this competitive field, a few platforms have risen to the top. Each one features its own deep tools and distinct advantages that make it best-suited for different...
GameStop is taking a surprising leap into the crypto world. They intend to use their extensive Bitcoin investment to lure crypto-savvy investors and offset falling physical retail sales. The company's venture into digital assets aligns with broader trends of decentralized finance (DeFi) and a push for the U.S. to become...
Since Q1 2022, HIVE Digital Technologies has significantly expanded its Bitcoin mining capacity. Interestingly, within the past six months, they’ve doubled their hashrate to a staggering 12 EH/s. The company is planning to grow strategically, particularly looking to establish a strong presence in Paraguay. This change would immediately increase State...
Meanwhile, investors are starting to cry foul over exorbitant payouts at American-traded Bitcoin miners. Stakeholders are flip-flopping these packages fall too heavily on equity. They believe they are failing to communicate their connection to long-term value creation for shareholders. As the recent econ4u data indicates, executive compensation in this sector...
Shareholder opposition to executive pay packages is on the rise. Consequently, publicly listed Bitcoin mining companies are coming under heightened criticism over executive pay. According to a recent Bloomberg analysis, compensation for named executive officers (NEOs) at these firms has grown tremendously. This increase prompts the question of whether their...
BAY Miner has officially launched its cloud mining application! This groundbreaking app turns crypto mining into an effortless, powerful experience for newcomers and seasoned hobbyists alike. The platform is now available to users in over 150 countries, offering a simplified approach to earning cryptocurrency without the complexities of traditional mining.This...
MiningToken continues to grow in popularity as the best mobile platform for Bitcoin mining in 2025. As a Swiss-based platform, Invezz provides a well-designed and simple-to-use experience. It features cutting edge technology, with a design loaded with features for novice and experienced miners alike. MiningToken further distinguishes itself with a...
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...