News with the tag "Mining News"

Bitdeer acquires a 19-acre site in Alberta for Bitcoin mining and power generation. New 101 MW power plant and data center set to boost Bitdeer’s mining capacity. Bitdeer aims for full vertical integration with its energy and mining operations. Bitdeer has scaled its operations by buying a 19-acre s...

Russia’s Federal Security Service (FSB) confirmed putting a resident behind bars for seven years. The resident of Yakutia was found guilty of sending crypto to the aid of Ukrainian forces. The FSB filed a criminal case under Article 275 of the Criminal Code of the Russian Federation. A resident of Y...

Phoenix Group’s North Dakota facility adds over 2.7 exahashes to its global hash rate. Completed in under five months, the site showcases engineering efficiency and scalability. The facility strengthens the company’s position as a leader in blockchain innovation. Phoenix Group has opened a 50-megawa...

Russia has imposed a 6-year ban on crypto mining. The crypto mining ban cuts across 10 different regions. Russia’s electric energy challenges triggered the crypto mining ban. The Russian government has reportedly imposed a six-year cryptocurrency mining ban across 10 regions within the federation. T...

CleanSpark joins the crowd in raising funds through convertible notes, but doesn't plan to invest the proceeds.

Hut 8 Mining has announced the purchase of 31,145 Bitmain Antminer S21+ machines, expecting to increase its self-mining hashrate by 66%. The post Hut 8 Expands Hashrate with 31,000 New Bitmain Miners, Eyeing 66% Growth by Q1 2025 appeared first on TheCoinrise.com .

Marathon Digital and Riot Platforms, reported record production figures for October, marking their highest output since the Bitcoin halving. The post Marathon Digital and Riot Platforms Record Major Bitcoin Production in October appeared first on TheCoinrise.com .

The Central Bank of Argentina (BCRA) has unveiled a unique art exhibition at its Héctor Carlos Janson Historical and Numismatic Museum with Bitcoin in the spotlight. The exhibition, titled “Art, Artificial Intelligence and the Future of the Economy,” marks the first instance globally where actual de...

Former Chinese finance minister Lou Jiwei urged China to scrutinize the rapid advancements in cryptocurrency. The post Former Chinese Finance Minister Lou Jiwei Warns of Crypto Risks appeared first on TheCoinrise.com .

Former President Donald Trump’s call for Bitcoin to be “mined, minted, and made” in the United States could significantly challenge the dominance of China-based Bitmain Technologies Ltd., according to a Bloomberg report. Bitmain, a leading manufacturer of Bitcoin mining equipment, currently controls...