News with the tag "Bitcoin mining"

In a significant development for the cryptocurrency mining industry, Riot Platforms has unveiled a non-binding term sheet to acquire key assets from digital asset technology firm Rhodium. This strategic move, as reported by PR Newswire, signals a major expansion for Riot’s data center operations and...

The US Securities and Exchange Commission (SEC) has clarified its stance on proof-of-work (PoW) mining, ruling that Bitcoin (BTC) mining activities do not fall under the definition of securities trading as per US law. This long-awaited statement provides essential clarity for crypto miners and the b...

Proof-of-work cryptocurrency mining does not trigger federal securities laws, according to a Thursday staff statement from the U.S. Securities and Exchange Commission (SEC) which told mining operators they do not need to register their transactions with the regulator. The statement, published by the...

Bitcoin miners are facing renewed financial pressure as declining transaction fees and a hashprice drop push operational costs higher, according to TheMinerMag’s February 2025 report​. Bitcoin’s hashrate climbed 3.8% in February to 810 EH/s, showing a slowdown in mining competition growth. However, ...

In the ever-evolving world of cryptocurrency mining, efficiency and power are paramount. For those deeply invested in the Bitcoin network and the pursuit of digital gold, the tools of the trade are constantly being refined and upgraded. Enter Bitdeer, a prominent player in the Bitcoin cloud mining s...

Broader economic concerns, including recession fears and stubborn inflation, have rattled the crypto market, leading to a sharp downturn. Bitcoin has struggled under these conditions, which, in turn, has forced miners to sell more BTC to sustain operations. As a result, increased selling pressure fr...

Bitcoin (BTC) miner CleanSpark (CLSK) is set to join the S&P SmallCap 600 index before the market opens on March 24, the company announced . CleanSpark is the second crypto miner to be added to the index after peer Marathon Digital was added to the list last year. The index measures the performance ...

On-chain data shows the Bitcoin Hashrate has made some notable recovery recently, a sign that optimism may be returning among the miners. Bitcoin Hashrate Has Been Recovering From The Crash The “ Hashrate ” is a metric that keeps track of the total amount of computing power that the miners as a whol...

As the United States crypto administration gradually shifts to a more favorable stance, US authorities have begun releasing previously seized Chinese-made cryptocurrency mining equipment. These machines which happens to be vital for the blockchain infrastructure, had been held up at various ports fo...

The President of Belarus, Aleksandr Lukashenko, raised the possibility yesterday that the Eastern European country could begin mining cryptocurrencies. "Look at this mining. More and more people are turning to me. If it is profitable for us, let's do it. We have excess electricity. Let them make thi...