Mining Archives - Page 2 Of 2

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.

New Bitfarms board member Fanny Philip smiling against a blockchain background

Bitfarms Appoints Independent Board Member Amid Riot Platform’s Push for Director Replacements

June 28, 2024 Paulo

Bitfarms appoints Fanny Philip as an independent board member amid Riot Platform’s push to replace directors, highlighting strategic shifts in Bitcoin mining.

Image of Bitcoin mining equipment illustrating the decline in Bitcoin miner reserves.

Bitcoin Miner Reserves Drop to 1.90M BTC, Lowest Level in Over 14 Years

June 20, 2024 Paulo

Bitcoin miner reserves fall to 1.90M BTC, the lowest since 2010, due to halving events and strategic shifts, despite fiat value nearing all-time highs.

Greenpeace report calls for Wall Street accountability in Bitcoin mining energy use.

Bitcoin Mining Companies Hiding Energy Data, Wall Street is Responsible

June 17, 2024 Paulo

Greenpeace blames Wall Street for Bitcoin mining’s excessive energy, urging financial institutions to adopt more transparent and responsible practices.