Mining News

US miner orders 50,000 Avalon A15 Pro machines from Canaan, inventory skyrockets

Canaan Inc. has secured a purchase order for more than 50,000 new Avalon A15 Pro mining machines from a US-based…

2 Min Read

Russia claims to be missing out on up to $120 million a year in tax revenue from cryptocurrency mining.

Russia's state budget is losing huge amounts of money in uncollected taxes from illegal cryptocurrency mining operations in the country.…

4 Min Read

Bitdeer quadruples mining capacity and aims to become one of the top 5 miners

BitDeer Technologies Group, the Nasdaq-listed cryptocurrency mining company founded by industry veteran Jihan Wu, is pivoting from a hardware supplier…

4 Min Read

Bitcoin mining cycle enters reset phase after record difficulty spike

Over the past two weeks, Bitcoin's hashrate has fallen by nearly 100 exahashes per second (EH/s), indicating a slowdown in…

4 Min Read