$9B Merger: Coreweave Acquires Core Scientific
Coreweave will acquire data center operator Core Scientific in an all-stock transaction valued at approximately $9 billion. The deal, announced Monday, is expected to close in the fourth quarter of…
Bitcoin Hashrate Revs up 88 EH/S Since the Low as Miners Race Toward Profitability
Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to 810 EH/s on June 24. Meanwhile, miners are enjoying an…
HIVE Acquires 7.2MW Toronto Data Center to Expand AI Infrastructure
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. HIVE Digital has signed an…
From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record
Bitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 31, but in the days since then, the network’s processing power has dipped by more than 75 EH/s.…
Hashpower Hot Zones: North America, Eurasia, and Latin America Lead Bitcoin’s Hashrate Race
At press time, the Bitcoin network hashrate is cruising along just above the 900 exahash per second (EH/s) range and according to current stats documented by hashrateindex.com, the United States…
Bitcoin’s Hashrate Hits New Peak as Miners Ride Price Wave
Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting 929 exahash per second (EH/s), a horsepower figure that illustrates…
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility…
Bitcoin Miners Catch a Break: Network Difficulty Slides 3.34%
After four straight difficulty hikes beginning March 9, the Bitcoin network finally eased up—registering a 3.34% downward adjustment that offered miners a welcome moment of relief. Bitcoin Network Sees First…
Terengganu Police Dismantle Bitcoin Mining Syndicate in Electricity Theft Crackdown
Terengganu police and Tenaga Nasional Berhad (TNB) dismantled a syndicate accused of stealing electricity to power illegal bitcoin mining operations in Hulu Terengganu and Marang districts on Tuesday, seizing 45…
Bitcoin Mining Centralization in the U.S.: A New Risk for the Industry?
Bitcoin Magazine Bitcoin Mining Centralization in the U.S.: A New Risk for the Industry? A groundbreaking study from the Cambridge Centre for Alternative Finance (CCAF) claims that the United States…