Bitcoin mining
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Chinese police bust $1.9B USDT underground banking racket
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Chinese police have unearthed a $1.9 billion underground banking racket involving popular stablecoin Tether (USDT).The underground banking operations ...

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El Salvador mines 474 Bitcoin using geothermal volcanic energy
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El Salvador has mined a total of 474 Bitcoin worth $29 million using volcanic geothermal energy since 2021.The mined Bitcoin (BTC) was generated by the ...

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Galaxy Digital’s revenue soars with mining, fees at record levels
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Galaxy Digital reported a robust first quarter in 2024, with net income climbing to $422 million, a 40% increase from the previous quarter. The surge was ...

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Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
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Bitcoin hash rate saw a decline as Bitcoin mining firms have started turning off unprofitable mining rigs after the fourth Bitcoin halving.The Bitcoin ...

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Biden orders removal of Chinese-owned crypto miner near missile base
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United States President Joe Biden has signed an order preventing a China-linked crypto mining firm from continuing to use land near a Wyoming nuclear ...

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Nasdaq-Listed Coal Miner Adds 425 BTC To Balance Sheet
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On a Q1 earnings call yesterday, Alliance Resource Partners, a coal mining company worth $2.8 billion that trades under the ticker ARLP on the Nasdaq, ...

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DEMAND Pool’s CEO Says The Time To Decentralize Bitcoin Mining Is Now
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Company Name: DEMANDFounders: Alejandro De La Torre and Filippo MerliDate Founded: 2023Location of Headquarters: Lisbon, Portugal and Florence, ItalyAmount ...

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Argentina to Mine Bitcoin with Stranded Gas
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Argentina's energy sector is increasingly turning to Bitcoin, this time with a state-owned facility using stranded natural gas from oil fields that would ...

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Marathon Digital misses Q1 estimates on bad weather, utility failures
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Bitcoin (BTC) miner Marathon Digital missed Wall Street analysts’ revenue estimates in its first quarter 2024 results, blaming bad weather and equipment ...

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Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy
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Bitcoin miner firm Core Scientific posted improved financial results for the first quarter since emerging from bankruptcy. The company reported a total ...

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Nasdaq-listed mining firm Stronghold Digital Mining for sale?
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Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including ...

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Proposed US bill wouldn’t allow taxing block rewards at acquisition
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If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than ...

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