Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%
Middle East-based Bitcoin (BTC) miner Phoenix Group became the first crypto-related firm to go public on the Abu Dhabi Securities Exchange (ADX) today, Dec. 5, according to a post on…
Bitcoin miner Riot Platforms gears up for halving with strategic $290M hardware investment
Texas-based Bitcoin (BTC) miner Riot Platforms secured its largest-ever order of hash rate through the acquisition of 66,560 units of BTC miners, representing 18 EH/s, from MicroBT for $290.5 million,…
Bitcoin miners Hut 8, USBTC prepares for halving with merger into new company
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AntPool to refund record $3.1M Bitcoin transaction fee after costly user mistake
Bitcoin (BTC) mining pool AntPool said it would refund 83 BTC, more than $3 million, an unknown user had paid as gas fees for a transaction, according to a Nov.…
Decentralized Bitcoin mining pool OCEAN raises over $6M in seed funding
OCEAN, a new decentralized Bitcoin mining pool, announced that it had raised $6.3 million in seed funding from various sources on Nov. 28. The seed funding round is notably led…
Bitcoin miners see 19-month high in revenue as halving nears
Monitoring miner revenue is essential for understanding the health and sustainability of the Bitcoin network. Miner revenue, a combination of block rewards and transaction fees, provides a window into the…
HIVE expands European footprint with strategic Swedish data center acquisition
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Celsius debtors to restructure defunct lender into Bitcoin miner instead of asset transfer
Celsius Network and its debtors intend to turn the defunct lender into a Bitcoin miner as part of its restructuring, according to a Nov. 20 press release. Celsius customers will…
Phoenix Group IPO raises $370M, signaling investor confidence in Middle Eastern crypto economy
Abu Dhabi’s Phoenix Group, a Bitcoin (BTC) mining service provider, has completed an initial public offering (IPO) that sold 907 million shares, raising approximately 1.3 billion UAE Dirhams, or $370…
Tether plans $500M investment into Bitcoin mining operations
In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward Bitcoin (BTC) mining. As reported by…