
August 24th, 2025
Tether has constructed mining facilities and renewable energy stations in Uruguay, Paraguay, and El Salvador.
If lawmakers of Paraguay decide to proceed with Bitcoin mining ban, it will directly affect major players in the industry such as Marathon Digital Holdings which deployed 27 megawatts near the Itaipu hydroelectric power plant.
Bhutan is ramping up Bitcoin mining operations in partnership with Nasdaq-listed Bitdeer Technologies to offset revenue decrease due to an upcoming halving, which will cut Bitcoin mining rewards in half.
Wall Street funding of public Bitcoin mining companies has affected the incentive structure behind mining activities.
The rise in Bitcoin mining difficulty reflects an influx of new miners joining the network, indicating heightened interest in securing a portion of the remaining unmined BTC from the total supply.
Marathon Digital’s spectacular performance aligns with the broader boom in the Bitcoin mining sector.
Bitcoin mining firms have been racing to expand their businesses ahead of an expected approval of a spot Bitcoin ETF.
If not for anything else, the latest report about clean energy usage could mean a greater move toward the adoption of BTC.
Recent data have left analysts optimistic about what the future holds for Bitcoin and the largest altcoin Ether (ETH).
Recent survey shows that Italy is the most expensive country for mining Bitcoin at $208,560 for each BTC produced.
In response to the bill, three lobbying groups including the Texas Blockchain Council, the Chamber of Digital Commerce, and the Satoshi Action Fund launched an “anti-competitive” campaign called “Don’t Mess With Texas Innovation”.
Amidst its woes Marathon Digital secured a loan from the now defunct Silvergate Bank, a deficit it said it has been able to completely offset.
Marathon Digital has also revealed the nature of its exposure to the now-defunct crypto-focused Silvergate Bank.
The MDK would be useful for integrating Bitcoin mining into multiple use cases such as heating solutions, off-grid mining, home mining, or intermittent power applications
TeraWulf is currently on an aggressive expansion and is planning to have a total operational capacity of 50,000 miners (5.5 EH/s) in early Q2 2023, which is nearly 160MW of power demand.