Marathon Digital Unveils $2B Stock Offering to Bolster Bitcoin Holdings
Marathon Digital Holdings plans a massive $2 billion stock offering, allocating 40% for Bitcoin purchases in a bold expansion strategy. The move positions MARA as the second-largest Bitcoin holder among public companies while diversifying beyond traditional mining operations.
Solo Bitcoin Miner Strikes Gold with $266K Block Reward Using DIY Setup
A lone Bitcoin miner defied odds by successfully mining block 888,737 without a pool, earning over $266,000 in rewards using a DIY FutureBit Apollo machine. While such victories remain rare in today's industrial mining landscape, this jackpot proves individual operators can still occasionally compete with larger operations.
Russia Reports Surge in Crypto Crime as Supreme Court Targets Mining Operations
Russian Supreme Court reveals alarming increase in cryptocurrency-related crimes, with illegal mining operations causing $14 million in power grid damages. Authorities respond with new legislation and mining equipment registry while grappling with crypto's role in sanctions evasion.
Man's £598M Bitcoin Quest: Plans to Buy Landfill Where Lost Fortune Lies
A British IT worker aims to purchase an entire landfill site in Wales where he believes his accidentally discarded hard drive containing 7,500 Bitcoins lies buried. After a decade of failed recovery attempts, James Howells sees a new opportunity as the site plans to close for conversion into a solar farm.
Bitdeer's Strategic $141.7M Alberta Power Plant Acquisition Aims to Revolutionize Bitcoin Mining
Bitdeer Technologies Group acquires a 101-megawatt site in Alberta for $21.7M, setting the stage to become the world's first fully vertically integrated Bitcoin mining operation. The ambitious project, featuring advanced SEALMINER A3 machines and carbon utilization systems, is expected to be operational by Q4 2026.
DeepSeek's AI Breakthrough Triggers Bitcoin Mining Stock Selloff
Chinese AI startup DeepSeek's revolutionary cost-efficient R1 model sparks market concerns about data center valuations and mining operations. The ability to run advanced AI at a fraction of traditional costs has led to sharp declines in crypto mining stocks and energy companies.
Mining Pools Face Payment Paradox: Bitcoin's Struggle to Pay Bitcoin Miners
Bitcoin mining pools are encountering unexpected challenges in paying miners with BTC, despite operating within the Bitcoin ecosystem. Pool operators are exploring alternative payment solutions as they grapple with block intervals, volatile fees, and fair compensation issues.
Russia Emerges as Global Mining Hub Following Bitcoin Legalization
Russia's cryptocurrency mining sector experiences explosive growth as equipment orders triple following nationwide legalization. The strategic regulatory framework positions Russia as the world's second-largest Bitcoin mining hub, commanding 16% of global capacity.
Ethiopia Emerges as Global Bitcoin Mining Powerhouse Through Clean Energy Innovation
Ethiopia has established itself as a major Bitcoin mining hub, generating $1 billion in mining profits by leveraging renewable hydroelectric power from its Grand Renaissance Dam. The state-backed operation now represents 2.25% of global mining capacity while providing a sustainable model for cryptocurrency production.
Lost Bitcoin Fortune: UK Court Denies Man's £600M Landfill Search Quest
A High Court judge has rejected James Howells' legal bid to search a Newport landfill for a hard drive containing £598M worth of Bitcoin accidentally discarded in 2013. The ruling ends a decade-long battle to recover the digital fortune, with the court finding no reasonable grounds for the claim.