2+ hour, 1+ min ago   (510+ words) Bitcoin mining operator NFN8 Group Inc. and its subsidiaries have gone down the dreaded path of formally filing for Chapter 11 bankruptcy. The company seeks court protection from creditors after running into financial challenges due to a fire outbreak at its Texas…...

3+ hour, 41+ min ago   (410+ words) Mining companies are booming despite the slowdown of BTC and the crypto market. The leading mining stocks are still rising on expectations of their pivot into AI." Crypto mining companies are still inviting market enthusiasm, driven by their pivot from…...

1+ day, 21+ hour ago   (563+ words) Bitcoin mining in China saw its largest-ever decline, dropping 11.16% to a record low of 125.86 trillion, according to the Bitcoin network explorer Mempool's report dated Saturday, February 7." To demonstrate the intense nature of the situation, Bitcoin developer Mononaut noted that this…...

1+ week, 6+ hour ago   (603+ words) Trump is launching a $12 billion national mineral stockpile called Project Vault to cut U.S. reliance on China for rare earths and critical metals. The project combines a $10 billion Export-Import Bank loan with $1.67 billion in private capital to store minerals for civilian…...

1+ week, 3+ day ago   (568+ words) Bit Digital has exited its Bitcoin mining operations in a bid to reshape the company towards the evolving capital markets. The firm revealed that it has concentrated its capital and operations to build exposure on programmable financial rails and automation…...

1+ week, 3+ day ago   (556+ words) The Central Reserve Bank (BCR) of El Salvador announced on January 303 that it made a new purchase of 9,298 troy ounces of gold, valued at $50 million, on international markets, reinforcing its push to build bullion reserves as gold prices soar." This…...

2+ week, 6+ hour ago   (625+ words) USA Rare Earth jumped 21% after the U.S. government took an equity stake and offered $1.6 billion in funding. The funds will support a magnet plant in Oklahoma and a rare earth mine in Texas. Trump's administration is pushing to cut China out…...

2+ week, 1+ day ago   (646+ words) The Trump administration is throwing $1.6 billion into USA Rare Earth, the largest move it's made yet in the rare earths sector. The company, listed publicly and based in Oklahoma, holds major deposits of heavy rare earths across the U.S. The funding…...

2+ week, 5+ day ago   (702+ words) Illegal cryptocurrency mining is causing billions of rubles" worth of damage to the Russian state and economy, according to an estimate made public in the country"s parliament. Despite severe restrictions on the energy-intensive industry in some areas, the Siberian…...

2+ week, 6+ day ago   (595+ words) Georgia is reporting a surge in cryptocurrency mining spurred by affordable electricity prices and the legalization of the industry. According to official stats, mining enterprises are now using around 5% of the electric energy generated in the South Caucasian nation. Cryptocurrency…...