Bitcoin (BTC) mining firms should hold their mined Bitcoin and use it as collateral for fiat-denominated loans to pay operating expenses instead of selling BTC and losing the upside of an asset that miners expect […]
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Riot Platforms reported record revenue of $161.4 million in the first quarter of 2025, more than doubling its $79.3 million revenue from a year ago, according to its latest earnings report. The Bitcoin (BTC) miner […]
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Nvidia’s accelerator program appears to sidestep digital assets startups, with its help section listing crypto-focused companies as ineligible to join the tech giant’s global network of founders. According to the program website, crypto companies and […]
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Sustainable energy accounts for more than half of Bitcoin (BTC) mining consumption as of the first quarter, according to the Cambridge Centre for Alternative Finance’s Digital Mining Industry Report. Despite higher energy consumption, the industry’s […]
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity […]
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Kuwait’s Ministry of Interior has outlawed Bitcoin mining, citing excessive power consumption and violations of national regulations. In an April 22 statement, the government warned that crypto mining operations in the country are unauthorized and […]
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