Crypto Mining

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US Bitcoin Corp to host 8,500 of Celsius’ mining rigs as part of asset management deal

Data center operator US Bitcoin Corp (USBTC) will host 8,500 Bitcoin (BTC) miners with an estimated hashrate of 820 petahash (PH) belonging to...

Cambridge Bitcoin Energy Consumption Index lowers estimate by 14%, revises methodology

The Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks global Bitcoin energy consumption, has undergone its first major update since 2019, influenced by...

Historic Bitcoin mining revenue fails to offset Canaan Q2 financial loss

Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining...

Tether CTO clarifies rumors around photo of a container with the ‘Tether Energy’ logo

What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are...

NVIDIA doubles down on generative AI amid reducing gaming, crypto focus

Nvidia made no mention of cryptocurrency or crypto mining chips and minimal references to gaming in its latest earnings call released on Aug....

Bitcoin mining giants lose $2.8B in market cap to crypto market’s sudden crash

The top five largest crypto mining companies collectively lost $2.8 billion of their market Cap following last Thursday’s Bitcoin (BTC) flash crash. AltIndex data...

AI mining method for Bitcoin increases reward chance 260% by calculating future blocks

In a notable breakthrough in Bitcoin mining, UK-based Quantum Blockchain Technologies (QBT) has developed a highly promising computing method, the Message Scheduling For...

Hut 8 grapples with revenue fall, Bitcoin mining output in challenging Q2 2023

Hut 8 Mining Corp, the U.S. digital asset mining company, has released its financial results for Q2 2023, ending on June 30. The...

Bitcoin’s tight trading range mirrored by flat hash ribbons signals impending market movement

The Bitcoin mining industry serves as a critical barometer for market health and direction. Among the various tools employed to analyze this vital...

Hut 8 Mining eyes asset acquisition as energy supplier faces insolvency

Hut 8 Mining announced that it is prepared to acquire assets from Validus Power Corp. as the latter faces insolvency, according to an...

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