Bitcoin's hash rate hits a new peak on its 16th birthday, reflecting optimism among miners despite challenges. With mining consolidations and bullish sentiments, the future looks promising for Bitcoin enthusiasts.
Hive Digital is relocating its headquarters from Vancouver to Texas, thanks to Trump's supportive climate for Bitcoin mining.
Hive Digital plans to expand into Paraguay, aiming for a 15 EH/s Bitcoin mining capacity as an inflation hedge, using over $60 million investment in green energy.
Hive Digital is expanding its Bitcoin mining operations in Paraguay with a $60 million investment in new machinery, aiming to assist the government in hedging against inflation.
Multiple Bitcoin mining companies, including Marathon Digital and Bitfarms, faced substantial net losses in Q3 despite revenue increases due to high operating expenses and competition.
Hut 8, Bitfarms, and HIVE Digital, bitcoin miners, reported Q3 earnings amid challenging post-halving economics.
HIVE Digital starts building a 100 MW mining facility in Paraguay, highlighting its global expansion and doubling current capacity with renewable energy.
HIVE Digital acquires 6,500 Canaan Avalon A1566 ASIC miners, boosting its hashrate by 1.2 EH/s. The deployment of these miners aims to enhance performance, increase competitiveness, and improve fleet efficiency by reducing energy consumption.
Hive Digital is boosting its Bitcoin mining operations by purchasing 6,500 ASICs and commencing construction in Paraguay.
Canaan Creative has secured a deal with HIVE Digital to supply 6,500 Avalon A1566 miners, highlighting potential gains in mining efficiency.
ASIC maker Canaan's stock surges 40% after securing an order with HIVE Digital for 6,500 Avalon A1566 miners, boosting shares significantly.
Hive Digital reports modest growth in Bitcoin production for October, while enhancing mining infrastructure and capacity.
HIVE Digital plans to double its Bitcoin mining hashrate by next year. Cantor starts HIVE coverage with an overweight rating and sets a $9 price target.
Hive Digital is enhancing grid stability and integrating renewable energy in Bitcoin mining, with a focus on regulatory compliance.
Hive Digital's AI revenues surpass mining income by eight times, earning $1 per hour compared to $0.12 per hour from mining.
Hive Digital shifts from crypto mining to AI, utilizing Nvidia GPUs for more profitable AI tasks, and expanding data centers in Canada and Sweden.
Hive Digital is building a 100 MW mining center in Paraguay to increase its global Bitcoin hash rate by 2-3%.
Hive Digital shifts focus from crypto mining to AI data centers, aiming to meet AI demand while enhancing its balance sheet with green-mined Bitcoin.
Hive Digital plans to build a 100MW Bitcoin mining site in Paraguay, emphasizing the importance of stable government fiscal policies.
HIVE Digital plans to open a 100MW Bitcoin mining center in Paraguay, expected to double its revenue and enhance its hashrate. The company is also buying 500 Bitmain S21 Pro Antminers for upgrades.
Publicly traded Bitcoin miners are seeing market valuations surge, outpacing actual BTC production, according to a JPMorgan report.
HIVE Digital grows revenue by 8%, ending the fiscal year with $141 million in Bitcoin holdings.
HIVE Digital grows revenue by 8% and ends the fiscal year with $141 million in bitcoin reserves.
Bitcoin miners like Hive Digital and Hut 8 faced significant stock selloffs amid a drop in U.S. equity markets, while Iris Energy saw gains.
Mining Disrupt 2024, the world's largest Bitcoin mining event, returns to Miami from June 24-26, 2024. This event features keynote speeches from over 25 industry leaders, a Bitcoin Mining Museum, and extensive networking opportunities. Ticket options include General, VIP, and Whale Passes.
Bitcoin miner Hive Digital plans to build a 100-megawatt mining facility in Paraguay using power from the Itaipu hydroelectric dam.
