Crypto
Bitfarms boosts production by 33%, increases Bitcoin holdings above 1,000 BTC
Bitftams said it achived these milestones amid a rising Bitcoin mining difficulty and operational hurdles.
Oluwapelumi Adejumo 2 min read
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Mining
Riot Platforms posts $84.4 million loss in Q2 amid 52% decline in Bitcoin production
Despite the financial setback, the company reported $70.0 million in revenue for the quarter, down slightly from $76.7 million in the prior year.
Crypto
Riot buys more Bitfarms shares, now holds nearly 16% stake
Riot's hostile takeover bid of Bitfarms take a new turn as the miner acquires more shares of its rivals.
Latest Mining News & Analysis
Crypto
Marathon Digital’s CEO hints at potential Bitcoin buys through convertible notes
Thiel said the firm could buy more BTC from the open market when conditions are favorable.
Mining
Senator Elizabeth Warren claims foreign ‘cryptomines’ being used to spy on the US
The lawmaker's anti-crypto support base is shrinking, with Senator Rogers withdrawing support for a bill they co-sponsored.
Crypto
Bitfarms implements fresh poison pill strategy to fend off Riot Platforms takeover bid
The Bitcoin miner stated that it would issue new shares if any entity acquires 20% of its stocks within the next six months.
Crypto
Marathon Digital bucks trend, acquires $100 million in Bitcoin as others sell
Marathon Digital is now the second-largest Bitcoin holder, with over 20,000 BTC in its reserve.
Adoption
Russian lawmakers pass bill legalizing Bitcoin mining, crypto payments for international trade
The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation.
Mining
Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’
Lummis urged policymakers, industry stakeholders, and the public to engage in a constructive dialogue about the future of Bitcoin mining.
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DAIM CEO says Trump’s plan to make Bitcoin reserve asset is tough but ‘possible’
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