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63% renewable energy used by Bitcoin Mining Council making up 43% of global mining network

The Bitcoin Mining Council (BMC) reported significant strides in sustainable power usage and technological efficiency in Bitcoin mining, according to the findings of...

Crypto Mining

Riot spends just $8.3k to mine 1 BTC as it looks to triple production by 2025

Riot, a key player in the Bitcoin mining sector, reported overall revenue of $76.7 million in its financial results for the quarter ending...

Crypto Mining

Bitmain, Anchorage Digital eye equity stake in Core Scientific comeback from bankruptcy

Core Scientific, one of North America’s largest crypto mining companies, recently filed an updated restructuring plan in its Chapter 11 bankruptcy case.The comprehensive...

Crypto Mining

KuCoin suspends Bitcoin, Litecoin mining amid shifting strategy and layoff rumors

According to an Aug. 2 statement, KuCoin plans to suspend its Bitcoin (BTC) and Litecoin (LTC) mining pools, effective from Aug. 15, until...

Crypto Mining

Bitcoin miner revenue stabilizes as Inscriptions demand wanes

Since the beginning of 2023, a new form of non-fungible tokens (NFTs), known as Bitcoin Ordinals Inscriptions, has ignited widespread interest in...

Crypto Mining

Vanguard’s investments in Bitcoin mining firms Marathon, Riot approach $620M

Vanguard Group has increased its investment in the Bitcoin mining firms Marathon Digital Holdings and Riot Blockchain in two July 10 filings. Vanguard now...

Crypto Mining

Bitdeer pushes crypto mining expansion with new Norway, Bhutan data centers

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

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Riot leverages Texas power strategy to fund operations as BTC balance increases

Riot Platforms, Inc. recently reported its June 2023 Bitcoin mining performance, revealing that it produced 460 Bitcoin while executing an effective power...

Crypto Mining

Hut 8’s ESG report sheds light on sustainability efforts in the crypto industry

Hut 8 Mining Corp, one of North America’s largest digital asset miners, has recently published its 2022 Environmental, Social, and Governance (ESG) Report....

Crypto Mining