HIVE Digital Technologies Ltd. has successfully completed the first phase of its 100 MW data center in Paraguay, enabling significant mining capacity. With 200 petahashes of current hashrate and plans to expand to 5 exahash per second by the end of Q2 2025, HIVE is positioned for substantial growth. The company has also welcomed Carlos ...
US cryptocurrency miners heavily depend on foreign suppliers, particularly from China, to obtain mining equipment. A recent surge in tariffs announced by then-President Trump on imports from Southeast Asian countries like Thailand, Indonesia, and Malaysia created a frantic rush among miners to bring equipment into the US before the tariffs took effect. Companies scrambled to ...
Pi Network’s native token, Pi, has not been listed on Binance despite strong community support and over 2 million votes in favor. Launched with the idea of making cryptocurrency mining accessible via smartphones, the project quickly attracted millions of users. However, critics raise concerns over its user metrics and centralized control. Binance has cited issues ...
Bitcoin has reached a historic milestone, achieving a hashrate of 1 Zetahash per second, a major leap in its 16-year history. This impressive computing power was confirmed by various blockchain tracking services between April 4 and 5, 2023, although they reported slightly different timings for this achievement. Bitcoin’s hashrate has surged since early 2016, processing ...
Hartcoin, a cutting-edge cryptocurrency cloud mining platform based in London, is transforming how individuals mine Bitcoin and other cryptocurrencies. With a focus on flexibility, profitability, and security, Hartcoin offers tailored mining contracts suitable for both beginners and experienced investors. Their diverse plans range from the affordable Starseed Plan to the high-yield Legend Plan, providing impressive ...
Bitfarms Ltd has secured a private debt facility of up to $300 million with Macquarie Group to enhance its Panther Creek data center operations. This financing includes an initial $50 million, with additional funds available after development milestones are met. Analysts are optimistic about Bitfarms, with an average target price of $3.64, indicating a potential ...
Bitfarms Ltd., an energy and compute infrastructure company, has secured a significant private debt facility with Macquarie Group for up to $300 million. This initial agreement allows Bitfarms to access $50 million immediately to cover soft costs for its Panther Creek data center project, with the potential for up to $250 million more as development ...
A 44-year-old man from Orr, Minnesota, named Joshua Paul Armbrust, has pleaded guilty to computer fraud for running a “cryptojacking” scheme that cost his former employer, Digital River, over $45,000. While he was employed at the e-commerce company until February 2020, Armbrust continued to exploit their resources for personal gain until May 2021. He accessed ...
A new cybercrime campaign is targeting exposed PostgreSQL databases to install cryptocurrency miners, leading to over 1,500 compromised systems. Researchers from cloud security firm Wiz identified the threat actor, dubbed JINX-0126, which has adopted advanced evasion techniques to avoid detection. This includes using a unique file hash for each target and executing payloads in a ...
Bitfarms Ltd. has released its March 2025 production and operations update, showcasing significant progress in its activities. The company achieved an operational hashrate of 19.5 EHuM, increasing 21% from the previous month. They successfully completed key acquisitions, including Stronghold Digital Mining, and sold a data center in Paraguay, focusing on U.S. operations for better efficiency ...
