Tag: Mining

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Bitcoin miners in Ethiopia use 600MW in electricity, Ethiopia to become the next crypto mining hub?

Ethiopia has seen a steady increase in its Hashrate recently. According to reports, the nation's Bitcoin hashrate has climbed up the positive graph, with...

Bitcoin Miner TeraWulf Inks Deal To Sell Stake in Nautilus Mine; Plans To Refocus On AI

Bitcoin miner TeraWulf has signed a deal to sell a stake in its Nautilus Cryptomine joint venture to Talen Energy Corporation. The deal is...

Russia Mines 54K Bitcoins In 2023, Adds 50 Billion Rubles To State Revenue

According to a Russian local news report, Russia has emerged as a significant player in the global cryptocurrency mining industry, with 54,000 bitcoins mined...

Bitcoin Miners Could Double Their Stock Value By Repurposing 20% Of Power For AI

On August 19, Matthew Sigel, Head of Digital Assets Research at VanEck, discussed the evolving dynamics between Bitcoin mining and artificial intelligence (AI) during...

Marathon Digital To Issue $250M In Convertible Senior Notes To Expand BTC Holdings

Marathon Digital Holdings, the world’s largest Bitcoin mining company, has announced a $250 million offering of convertible senior notes due in 2031. This private...