Tether-Linked Entities Reportedly Bought Northern Data’s Bitcoin Mining Unit
In recent developments, companies controlled by senior executives at Tether were reportedly among the buyers of Peak Mining, the bitcoin mining arm sold by Northern Data, which is majority owned…
Bitcoin Mining Promises Under Fire as SEC Alleges $48.5M Investor Funds Were …
In recent developments, federal regulators are tightening the vise on crypto investment schemes, spotlighting alleged fraud tied to bitcoin mining that raised nearly $100 million while misleading thousands of investors…
SEC Says Third-Party Bitcoin Mining Services Are Securities Offerings in New …
In recent developments, the SEC charged a Philadelphia-based Bitcoin mining entrepreneur with running an illegal securities scheme and misappropriating over $48 million of customer funds. Looking closer, market participants highlight…
Bitcoin Mining Stocks End Friday Strong as a Choppy Year-End Awaits
In recent developments, the market cap of bitcoin mining stocks climbed 9.43% on Friday, finishing the session with every one of the top ten publicly traded miners by market value…
Central Bank of Russia Acknowledges Bitcoin Mining as a Ruble Strengthening A…
In recent developments, the Central Bank of Russia recently referred to the properties of bitcoin mining and how it could help strengthen the Russian ruble. Elvira Nabiullina, head of the…
MicroBT Enters the Petahash Club, Taking Bitcoin Mining Rigs to a New Extreme
In recent developments, over the past year, application-specific integrated circuit (ASIC) technology has advanced substantially, and this month, Shenzhen, China-based MicroBT introduced its newest mining machine, boasting an unprecedented hashrate…
Why the ‘great China Bitcoin mining crackdown’ fell short of early claims
In recent developments, data suggests that fears about Xinjiang-related Bitcoin mining have overstated the impact, with hashrate losses proving brief and driven partly by US power curtailments. Looking closer, market…
Sangha Energizes 20 MW Texas Solar Bitcoin Mine Amid Record-Low Hashprice Pre…
In recent developments, sangha Renewables has energized a 20-megawatt bitcoin mining facility in West Texas, marking the company’s latest effort to pair renewable generation with flexible data-center load. This article…
Thailand Busts $8.6M Bitcoin Mining Operations Funding ‘Chinese Scam Networks’
In recent developments, southeast Asian nations are ramping up enforcement as illegal mining operations drain power grids and bankroll cybercrime networks. Looking closer, market participants highlight key drivers such as…
Why China’s Bitcoin mining activity is surging again after a 4-year crackdown
In recent developments, bitcoin mining in China is rising again. From dominance to ban to resurgence, this makes an engaging story. The development has drawn attention from traders and analysts…
