Data center infrastructure provider Hive Digital is doubling down on its long-term Bitcoin treasury strategy and is using the recent market sell-off to expand its mining capacity and acquisition targets, signaling a growing shift among […]
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Bitcoin (BTC) fell 1.8% on Feb. 12 after US inflation data came in higher than expected, pushing the cryptocurrency to its lowest level in nine days. The price correction accelerated as the US reported a […]
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Data center infrastructure provider Hive Digital reported earnings and revenue growth for the final quarter of 2024, driven by record Bitcoin reserves and an expanding high-performance computing (HPC) business. In the quarter ending Dec. 31, […]
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US mining companies are experiencing delays in receiving shipments of application-specific integrated circuits (ASICs) — the hardware used to mine Bitcoin (BTC) and other cryptocurrencies — from Chinese manufacturer Bitmain amid trade tensions between the […]
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The Bitcoin (BTC) mining industry has already created over 31,000 jobs in the United States both directly through mining operations and indirectly through supporting industries despite being a nascent sector, a recently published report found. […]
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