Marathon Digital Fined $135M for Breaching Non-Circumvention Agreement
Michael Ho Set to Receive $135M in Damages The most dominant crypto mining firm by market cap, Marathon Digital, was fined $135 million earlier this week following a
Solo Bitcoin Miner Produces a Block, Earning $210K in BTC
An individual crypto miner used a device with a computational power of only 500 Gh/s (gigahashes per second) to generate a block on the Bitcoin blockchain on Wednesday
Crypto Mining Firm Cipher Receives Takeover Bid, Considers Sale
A recent article published by Bloomberg has revealed that Bitcoin miner Cipher received a takeover bid earlier this week and is now considering a sale. Bloomberg claimed that
Report: Malaysian Government Says Crypto Miners Have Stolen $720M of Electricity Since 2018
Illicit Crypto Mining in Malaysia Illegal cryptocurrency miners in Malaysia have stolen electricity worth more than $720 million over the past five years, according to Malaysian Deputy Minister
Bitfarms Reveals New CEO as Riots Launches Campaign Against Company’s Board
Bitfarms Names Ben Gagnon as New CEO According to an announcement released on July 8th, Bitfarms has a new leader. The Bitcoin mining company revealed Ben Gagnon as
Marathon Digital Mines Kaspa Worth $16 Million to Diversify From Bitcoin
Crypto mining firm Marathon Digital has disclosed mining $16 million in Kaspa since last September in an effort to diversify from BTC. In its latest statement, the company
CleanSpark Purchases Five Georgia-Based Mining Facilities
CleanSpark’s Latest Acquisitions On Friday, crypto mining firm CleanSpark announced it had signed a contract to buy five mining farms in Georgia. Per the company’s statement, the $25.5
Bitcoin Mining Stocks Surge 10% Following Trump’s Promise to Back US-Based Miners
Bitcoin mining stocks rose by over 10% on Wednesday following a promise by former US president Donald Trump that he would support crypto mining activities when he ascends
Bitdeer Announces Its Energy-Efficient Crypto Mining Chip
Bitcoin mining firm Bitdeer has announced its “SEAL04” chip, set to power in the recently rolled out Sealminer rig. According to the company’s technology roadmap, the chip will
Jack Dorsey-Backed Crypto Mining Pool Moves Its Headquarters to El Salvador
Bitcoin mining pool Ocean Mining, which is backed by former Twitter CEO and founder Jack Dorsey, has announced that it’s moving its headquarters to El Salvador, a crypto-friendly