HIVE Digital Technologies Ltd. has announced significant progress in its operations. In March 2025, the company produced 108 Bitcoin, raising its total holdings to 2,201 BTC, valued at around $180 million. A key achievement is the start of mining operations at its hydro-powered site in Yguazú, Paraguay, with an initial production rate of 100 Petahash. ...
STG Energy, a leading Bitcoin cloud mining company established in 2017, is expanding its sustainable and secure platform to meet the rising demand for digital assets. Based in the UK and regulated by the Financial Conduct Authority, STG Energy employs advanced security measures to ensure user trust and asset protection. Users can easily access their ...
Bitfarms Ltd., a leading Bitcoin data center firm, has successfully sold its 200 MW data center in Yguazu, Paraguay to HIVE Digital Technologies for around $85 million. This strategic move allows Bitfarms to concentrate more on its North American operations, aiming for 80% of its energy portfolio to be sourced from the region by the ...
MARA Holdings, Inc. recently announced its January 2025 bitcoin mining results, reporting a 12% decline in blocks won compared to the previous month, totaling 218 blocks. Despite this drop, the company increased its bitcoin holdings to 45,659 BTC. CEO Fred Thiel highlighted that the production decrease was influenced by network difficulty and temporary operational adjustments. ...
Bitfarms Ltd., a leading Bitcoin data center company, has partnered with Appleby Strategy Group and World Wide Technology to explore opportunities in high-performance computing and artificial intelligence. This collaboration will involve a thorough analysis of Bitfarms’ North American sites to identify their potential for these technologies. CEO Ben Gagnon emphasizes the importance of leveraging their ...
The Now Corporation, based in Pasadena, California, clarifies its position amidst recent misinformation regarding its supposed connections to cryptocurrency, particularly the Solana platform. The company asserts it has no partnerships or involvement with Solana or any cryptocurrency projects, including “The Now Coin.” They also warn that the Twitter account @thenowCorp is fake and not affiliated ...
CleanSpark Inc., a leading Bitcoin miner in the U.S., achieved remarkable growth in December 2024, mining 668 bitcoins and totaling 7,024 bitcoins for the year. The company reported a 287.9% increase in hashrate and a 33.3% boost in efficiency. CEO Zach Bradford highlighted their progress, reaching a hashrate of 39.1 EH/s and enhancing operational efficiency. ...
Digihost Technology (DGHI) experienced impressive financial growth in December 2024, reporting cash, Bitcoin, and deposits totaling $10 million, a massive 257% jump from the previous year. Their monthly revenue also increased by 21% to $3.4 million despite facing challenges like a temporary shutdown and the Bitcoin halving event. In December, the company produced around 35 ...
Roula Khalaf, the Editor of the Financial Times, shares her favorite stories in a weekly newsletter, highlighting significant issues like the environmental impact of bitcoin mining. This year, bitcoin mining has consumed an enormous amount of energy, equivalent to Sweden’s annual usage. Despite the high cost and environmental concerns, Mara Holdings has found a sustainable ...
Energy Plug Technologies Corp. is taking a significant step towards sustainable energy and cryptocurrency mining with an expansion plan in Greenwood, British Columbia. Partnering with Greenwood Energy Corp. and Malahat Battery Technologies, the company aims to create a supply chain for Battery Energy Storage System (BESS) crypto mining containers, initially targeting Dogecoin mining. The facility ...
