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Mining
Democratizing Investing: A Revolution in the Making?
Education Center
The Institutionalization of Bitcoin: Effects on Price and
Education Center
Wealthtech and the Democratization of Investing
Education Center
FBS Raffled Mercedes-Benz and Premium Gadgets to Lucky Winners
Thought Leadership
Democratizing Investing: A Revolution in the Making?
Education Center
The Institutionalization of Bitcoin: Effects on Price and
Education Center
Wealthtech and the Democratization of Investing
Education Center
FBS Raffled Mercedes-Benz and Premium Gadgets to Lucky Winners
Thought Leadership
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Mining
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CryptoCurrency
GPU Mining vs. CPU Mining: Which is Better?
Both setups have advantages and disadvantages.
Thursday, 09/02/2023 | 09:08 GMT
by
Finance Magnates Staff
CryptoCurrency
Hut 8 Merges with US Bitcoin to Fight Crypto Winter
Two companies announced the merger of equals.
The joint mining capacity will reach 5.6 EH/s.
Wednesday, 08/02/2023 | 09:27 GMT
by
Damian Chmiel
CryptoCurrency
HIVE Blockchain Reports BTC Production and Bets on Grid Balancing
January mining statistics were slightly lower than a year ago.
However, the company generated additional revenue due to the energy price hedging.
Tuesday, 07/02/2023 | 09:30 GMT
by
Damian Chmiel
News
Bitcoin Hash Rate Touches the Highest Level in 2 Months
The total hash rate has jumped substantially since 20 July.
The figure is now approaching an all-time high of 231 Exahash.
Wednesday, 31/08/2022 | 13:52 GMT
by
Bilal Jafar
ADVERTISEMENT
CryptoCurrency
Norwegian DLTx Acquires US-Based DMS to Double Filecoin Mining Output
DLTX eyes becoming the largest decentralized storage provider in the world.
The company to get additional data center operations in Oklahoma and Kansas City, US.
Monday, 11/04/2022 | 06:17 GMT
by
Solomon Oladipupo
News
Bitcoin Mining Difficulty Hits Another All-Time High
Bitcoin mining rate has increased consistently in the last few months.
BTC network difficulty has touched 28.587 trillion.
Monday, 04/04/2022 | 08:28 GMT
by
Bilal Jafar
News
Hut 8 Posts Revenue of $173.8 Million in 2021
The company increased its Bitcoin holdings significantly last year.
Adjusted EBITDA climbed to $96.6 million in 2021.
Thursday, 17/03/2022 | 13:09 GMT
by
Bilal Jafar
Retail FX
What Is Going On at BHP? Massive Dividends, Huge Demand for Materials, Yet Stock Is Down
BHP Billiton, a multinational mining, metals and petroleum company, has been doing extremely well.
Why, in that case, is this not being reflected in its share price?
Thursday, 17/02/2022 | 09:29 GMT
by
Andrew Saks
ADVERTISEMENT
News
HIVE’s Quarterly Revenues Increase 397% YoY
Net income reached $64.2 million in the recent quarter.
The company mined 697 Bitcoin and over 7,126 Ethereum.
Tuesday, 15/02/2022 | 08:18 GMT
by
Bilal Jafar
CryptoCurrency
Bitcoin (BTC) Mining: Is It Still Profitable?
An astonishing rise in the BTC hash rate indicates a strong trend across the mining network.
Analysts believe that Bitcoin mining is still lucrative.
Saturday, 05/02/2022 | 12:15 GMT
by
Bilal Jafar
CryptoCurrency
Hut 8 Mining Corp Announces January 2022 Bitcoin Production
Hut 8 Mining Corp announced mining production results of 308 bitcoins in January 2022.
The company’s total Bitcoin balance held in reserve stands at 5,826 bitcoins.
Thursday, 03/02/2022 | 20:00 GMT
by
Nicholas Otieno
News
Iran Plans to Introduce National Cryptocurrency Soon
The Central Bank of Iran is reportedly working on a CBDC.
The country recently launched a crackdown on illegal crypto mining in the region.
Wednesday, 19/01/2022 | 12:44 GMT
by
Bilal Jafar
ADVERTISEMENT
News
Thailand’s Crypto Mining Industry Grows after China’s Ban
According to a report, retail cryptocurrency mining saw a boom in Thailand.
There are more than 100,000 retail crypto miners in the country.
Wednesday, 29/12/2021 | 12:21 GMT
by
Bilal Jafar
Executive Moves
BIT Mining Appoints Bo Yu as Chairman of the Company’s Board of Directors
BIT Mining Limited is a crypto mining firm.
The company owns BTC.com.
Tuesday, 28/12/2021 | 12:52 GMT
by
Bilal Jafar
News
HIVE Reports a Jump in BTC Production during November 2021
The company produced 218 Bitcoin in the last month.
Friday, 03/12/2021 | 12:52 GMT
by
Bilal Jafar
News
Net Income of Fortress Technologies Reaches $3.5 Million in Q3
The company increased its active hash rate during the recent quarter.
Thursday, 25/11/2021 | 14:09 GMT
by
Bilal Jafar
ADVERTISEMENT
News
BTC Mining Firm GRIID Receives $525 Million Credit Facility from Blockchain.com
The company aims to expand its operations through the four-year term credit facility.
Monday, 22/11/2021 | 14:14 GMT
by
Bilal Jafar
News
Nvidia Posts 50% YoY Growth in Quarterly Revenues
Revenues for the recent quarter came in at $7.1 billion.
Thursday, 18/11/2021 | 11:49 GMT
by
Bilal Jafar
News
HIVE Blockchain Reports Quarterly Revenues of $52.6 Million
The company mined 656 Bitcoin in the latest quarter.
Tuesday, 16/11/2021 | 08:40 GMT
by
Bilal Jafar
News
Hut 8 Reports $50.3 Million in Quarterly Revenue
The company now holds more than 5,000 Bitcoin.
Friday, 12/11/2021 | 14:05 GMT
by
Bilal Jafar
ADVERTISEMENT
News
Argo Blockchain Generates Record Revenue of $26 Million in Q3 2021
The company mined 597 Bitcoin and BTC equivalents in the third quarter.
Tuesday, 02/11/2021 | 09:47 GMT
by
Bilal Jafar
News
Texas Should Use Abundant Energy for Bitcoin Mining, Says Ted Cruz
The US Senator highlighted the potential benefits of BTC mining through natural gas.
Monday, 11/10/2021 | 08:00 GMT
by
Bilal Jafar
News
HIVE Reports $37.2 Million in Quarterly Revenues
The company posted a record quarterly net income of $18.6 million.
Monday, 04/10/2021 | 06:07 GMT
by
Bilal Jafar
News
Canaan’s Net Income Reaches $38 Million in Q2 2021
The company reported a substantial increase in net revenues and gross profit.
Thursday, 16/09/2021 | 08:08 GMT
by
Bilal Jafar
ADVERTISEMENT
Thought Leaders
Opening Bitcoin Up to the World
Bitcoin may not be a new concept, but there are key companies who are opening crypto up to the masses.
Wednesday, 25/08/2021 | 09:32 GMT
by
Finance Magnates Staff
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