Bitcoin (BTC) miner Marathon Digital has announced the acquisition of a wind farm in Hansford County, Texas, to bolster its sustainability efforts. The wind farm, which boasts 240 megawatts (MW) of interconnection capacity and 114 […]
Marathon Digital reported a record performance in its Bitcoin mining operations for November amid its ongoing commitment to acquiring the top crypto asset for its reserves. In a Dec. 2 statement, the company revealed that […]
Samuel Kullmann, a member of the Swiss canton of Bern parliament, passed legislation to explore Bitcoin (BTC) mining as a potential solution to address surplus electricity production in the region. Lawmakers have tasked the Executive […]
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media […]
Bitdeer Technologies reported a net loss of $50.1 million for the third quarter of 2024, with total revenue declining to $62 million from $87.3 million in the same period last year. The company’s unaudited financial […]
Marathon Digital, a Nasdaq-listed Bitcoin mining company, has revealed plans to increase its debt offering, which will mature in 2030, to $1 billion, according to a Nov. 18 statement. Marathon explained that the zero-interest senior […]
Russia has approved an amendment to a draft bill introducing taxes on crypto transactions and mining activities, Interfax reported on Nov. 19. The legislation will classify cryptocurrencies as property for tax purposes. As a result, […]
Bitcoin miner Marathon Digital plans to privately issue $700 million in convertible senior notes due in 2030, according to a Nov. 18 statement. The offering, subject to market conditions, includes an additional $105 million purchase […]
Bitcoin miner Greenidge Generation will continue operating in New York after prevailing in a legal case against the State’s Department of Environmental Conservation (DEC), according to a Nov. 14 statement. Judge Vincent Dinolfo of the […]
Business intelligence firm MicroStrategy’s Bitcoin stash increased to more than $20 billion in value as the leading cryptocurrency rallied above $80,000. MicroStrategy’s 252,200 Bitcoin (BTC) is now worth $20.5 billion — putting the company up […]
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