Cryptocurrency Mining
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SEC Cracks Down on $1.7 Billion HyperFund Crypto Fraud
The U.S. Securities and Exchange Commission has charged Xue Lee, also known as Sam Lee, and Brenda Chunga, commonly referred…
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Swan Bitcoin’s Newly Launched Mining Unit Seeking for Public Listing
In a January 25 report, the California-based investment company Swan Bitcoin unveiled the milestones made by its newly launched mining…
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Phoenix Prepare For Upcoming Bitcoin Halving, Acquires New Mining Equipments
In an advanced communication, the prominent crypto-miner in Abu Dhabi Phoenix Group revealed plans to acquire new mining rigs. In…
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CleanSpark Acquiring 160,000 Bitmain Miners Ahead of 2024 Bitcoin Halving
In a January 8 update, the renowned Bitcoin miner in the US, CleanSpark Inc., secured a strategic agreement to purchase…
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Cipher Mining Purchases 16,700 New Mining Machines Ahead of Bitcoin Halving
The next Bitcoin halving event is set to take place in April this year. Cipher Mining, a Bitcoin mining firm,…
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Bitcoin Mining Firm CleanSpark Launches In-House Trading Desk
CleanSpark, a Bitcoin mining firm, is planning to introduce an in-house trading platform. On this account, CEO Zach Bradford noted…
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Kyrgyzstan Sees an Increase in Taxes Generated from Crypto Mining
In a recent update, the government of Kyrgyzstan saw an impressive increase in crypto activities. A report featured on Kyrgyzstan’s…
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BTC Miners’ Earnings Soar to $1.51 Billion, Setting New Monthly Record
Bitcoin (BTC) miners have achieved a groundbreaking milestone by reporting a record-breaking monthly revenue of $1.51 billion in December 2023.…
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Indonesian Police to Close 10 Bitcoin Mining Operations
The law enforcement agency of Indonesia recently confiscated 1134 Bitcoin machines. The police force noted that the ATMs perpetrated theft…
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Here’s how the xLFi 5000 Crypto minting machine is making history
The xLFi 5000 Crypto minting machine is making history by revolutionizing the way cryptocurrencies are minted. It employs advanced algorithms…
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Tether Treasury Mints Another $1B USDT for Inventory Replenish
Stablecoin project Tether recently issued 1 billion new USDT tokens on Christmas Day. However, the move led to criticism from…
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Iris Energy Acquiring Bitmain T21 Miners to Expand its Mining Capacity
In preparation for the upcoming Bitcoin halving, the crypto miners have been pursuing ways to optimize mining activities. The attempt…
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Russia Moves To Approve Mined Crypto Assets As Export Products
Russia’s Mined BTC Initiative Russia raised an intriguing idea during a recent meeting led by Deputy Finance Minister Ivan Chebeskov.…
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Riot Platforms Expends $291M On Mining Rigs: Here’s Why
Bitcoin Miner On Another Acquisition Spree Riot Platforms, the famous Bitcoin (BTC) mining firm, has increased its hash rate by…
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Hut 8 Set to Conclude Merger with US Bitcoin Corp
Hut 8 is edging closer to concluding its merger with US Bitcoin Corp (USBTC) in a move projected to create…
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Hive Digital Technologies Acquires New Data Center in Sweden
In an advanced report, the fast-paced crypto mining firm in Canada, Hive Digital Technologies, revealed plans to acquire a Swedish-based…
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