Bitcoin Mining

Kuwait Bans Bitcoin Mining, Citing Power Strain and Legal Violations
Kuwait Bans Bitcoin Mining, Citing Power Strain and Legal Violations

Kuwait’s Ministry of Interior has officially banned Bitcoin mining, citing the strain it places on the national power grid and its noncompliance with multiple local regulations.

Last updated 3 mins ago

Galaxy Digital Deepens AI and HPC Pivot With Expanded CoreWeave Deal, Shares Surge
Galaxy Digital Deepens AI and HPC Pivot With Expanded CoreWeave Deal, Shares Surge

Galaxy Digital (GLXY) said it deepened its strategic partnership with CoreWeave (CRWV), reinforcing its ambitions in the fast-growing artificial intelligence (AI) and high-performance computing (HPC) ...

Last updated 3 mins ago

How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls
How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls

Some members of the bitcoin (BTC) mining industry are in the habit of routinely undervaluing mining rig shipments with the U.S. Customs and Border Protection (CBP) in order to reduce customs duties, m...

Last updated 3 mins ago

Chart of the Week: ‘Dire Picture’ for BTC Miners as Revenue Flatlines Near Record Low
Chart of the Week: ‘Dire Picture’ for BTC Miners as Revenue Flatlines Near Record Low

Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become.

Last updated 3 mins ago

Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics

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El Salvador’s Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
El Salvador’s Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger

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Michael Novogratz’s Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls
Michael Novogratz’s Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls

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Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture
Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners
Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners

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Last updated 3 mins ago