Bitcoin Mining News
New York Lawmakers Push Tax on Bitcoin Miners Over Energy Use
New York legislators have unveiled a proposal to introduce a new tax on cryptocurrency mining operations, citing the industry’s high elect...
Founders of Sydney-Headquartered IREN Cash Out $66M as Firm Becomes World’s Most Valuable Bitcoin Miner
IREN co-founders Dan and Will Roberts sold one million shares each last week, cashing out about US$33 million (AU$49.5 million) apiece as th...
Solo Miner Strikes Gold: Wins $347K Bitcoin Block Against the Odds
On September 7, a lucky solo miner managed to mine Bitcoin block #913,593, earning 3.13 BTC, valued at US$347,980 (AU$516,720). The block in...
Hut 8 to Spin Out Mining Ops, Expands US Capacity With 1.53 GW Buildout
Hut 8 Corp has announced that it will transfer the majority of its Bitcoin mining operations to a separate entity called American Bitcoin wi...
Solo Miner Defies Odds, Nets $371K by Hitting Rare Bitcoin Block
I’m sure many of our readers have considered setting up a mining rig. With the price of Bitcoin over $100k USD ($154k AUD), successfully h...
IREN Overtakes MARA as Top Bitcoin Miner by Hashrate and Efficiency
Australian Bitcoin miner IREN Limited has outperformed its main rival, MARA Holdings, becoming the industry leader in hashrate efficiency an...
France Floats 5‑Year Bitcoin Mining Pilot to Soak Up Surplus Power
A group of French lawmakers submitted a proposal to authorise energy producers to redirect surplus electricity into Bitcoin mining, all thro...
Tether Joins Ocean Mining Pool to Boost Bitcoin Network Decentralisation
Tether (USDT) is moving its global Bitcoin mining power to Ocean, a decentralised mining pool launched by Bitcoin core developer Luke Dashjr...
Trump Family Backs Bitcoin Miner Merge to Establish World’s Largest Mining Firm
Crypto mining and infrastructure firm Hut 8 announced its majority stake in American Bitcoin (formerly known as American Data Center), a com...
Government of Bhutan Transfers $63M of Bitcoin to 3 Wallets
According to recent data, the government of Bhutan has transferred around US$63M (AU$100.2M) worth of Bitcoin to three newly created wallets...
SEC Clears Air on Crypto: Proof-of-Work Mining Not a Security Under Certain Conditions
In a much-needed breather for miners, the US Securities and Exchange Commission (SEC) announced on Thursday that proof-of-work (PoW) mining ...
Bitcoin Mining Stocks Wobble as Miner Profitability Drops, JPMorgan Reports
The crypto market continues its wild ride, as the seven-day Bitcoin chart looks like the waves cyclone Alfred is causing off the Queensland ...