Mining Archives

Illustration showing Bitcoin and dollar symbols representing Bitfury’s shift to a $1 billion technology investment fund

Bitfury Exits Bitcoin Mining and Launches a $1 Billion Tech Investment Fund

November 19, 2025 Paulo

Bitfury ends 14 years of Bitcoin mining and introduces a $1B tech fund targeting AI, quantum breakthroughs, and crypto startups, marking a major shift in strategy.

Futuristic digital illustration of the Zcash blockchain under a single mining pool’s control, symbolizing centralization and security risks.

Zcash Blockchain Faces Centralization Risks as ViaBTC Controls 73% of Network Hashrate

October 26, 2025 Paulo

Zcash’s network faces centralization threats as ViaBTC now controls over 73% of its hashrate, raising fears of 51% attacks and transaction censorship.

Cinematic illustration of a large-scale Bitcoin mining operation in the United States powered by advanced infrastructure

AgriFORCE Launches Bitcoin Mining Site in Alberta Powered by Stranded Gas

June 18, 2025 Paulo

AgriFORCE opens Alberta Bitcoin mining site powered by stranded gas, targeting 1 EH/s by 2026 and expanding with two more eco-conscious facilities.

Aerial image of Greenidge Generation’s Dresden facility, showcasing the Bitcoin mining operation in New York amidst surrounding greenery.

Bitcoin Miner Greenidge Generation Wins Legal Battle in New York

November 15, 2024 Paulo

Greenidge Generation wins a court case in New York, overturning DEC’s air permit denial. This ruling ensures the Dresden facility’s operations

Bitcoin Mining Revenue Hits All-Year Low

September 2, 2024 Paulo

Bitcoin mining revenue dropped to $827.56 million in August, marking the year’s lowest point and highlighting the challenges faced post-halving.

Pakistan dedicates 2,000MW of surplus electricity to Bitcoin mining and AI centers

Crypto Mining and Data Centers Consume 2% of Global Electricity: IMF Proposes Tax to Curb Environmental Impact

August 16, 2024 Paulo

Crypto mining and data centers use 2% of global electricity, with expected growth. The IMF proposes an electricity tax to curb their environmental impact.

Scott Melker analysis highlights low Bitcoin volume despite bullish price move

Bitcoin and BTC Mining Pose Promising Future

July 30, 2024 Paulo

H.C. Wainwright & Co analysts predict a bullish future for Bitcoin and BTC mining, citing institutional developments and potential national adoption.

Bitcoin mining equipment operating smoothly despite network issues

Bitcoin ‘Keeps Hashing’ Despite Widespread CrowdStrike Network Failures

July 20, 2024 Paulo

Bitcoin remains unaffected by CrowdStrike’s network failures due to its decentralized nature and reliance on Linux systems, says mining CEO Taras Kulyk.

Illustration of Crusoe Energy and Lancium's AI data center in Texas.

Bitcoin Miner Crusoe to Build ‘Multibillion-Dollar’ AI Data Center in Texas

July 18, 2024 Paulo

Crusoe Energy’s new AI data center in Texas aims to leverage renewable energy to power significant advancements in artificial intelligence technology.

Bitcoin Miners equipment in operation amid market turmoil.

Bitcoin Miners Face ‘Capitulation’ as Profits Diminish Amid BTC Sell-Off

July 6, 2024 Paulo

Bitcoin miners approach capitulation as profits diminish and BTC sell-off continues, hitting hashrate lows akin to post-FTX collapse conditions.