Tag: Mining

SpaceX to launch first polar orbit crewed mission backed by Bitcoin mining tycoon

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Elon Musk’s SpaceX will send a four-person crew on a polar orbit mission, funded by the founder of the Bitcoin mining pool F2Pool, Chun Wang. A crew of four is preparing for an unusual journey into space, one that no human has attempted before: flying directly over the Earth’s North and South Poles. The mission, carried out by Elon Musk‘s SpaceX and called Fram2, is being financed by Chun Wang, a Malta-based cryptocurrency investor who built his fortune in Bitcoin (BTC) mining. The team, launching aboard a SpaceX capsule, includes…

Trump family joins forces with Hut 8 to launch Bitcoin mining venture

The Trump family is entering the Bitcoin (BTC) mining business with a new company called American Bitcoin. According to the press release dated March 31, Eric Trump and Donald Trump Jr. have teamed up with publicly trading crypto infrastructure firm Hut 8 to launch a Bitcoin mining company American Bitcoin. Eric and Donald Trump Jr. will own 20% of the company, while Hut 8 will own the remaining 80%. Initially, the company will focus on mining operations. Moving forward, Trump mentioned plans to build a strategic Bitcoin reserve and potentially…

Hut 8 Mining and Eric Trump Establish American Bitcoin

Key Notes Hut 8 and Eric Trump have partnered to launch American Bitcoin Corp., focused on large-scale BTC mining. Hut 8 will hold 80% majority stake in the company and will act as its exclusive infrastructure partner. Eric Trump will serve as Chief Strategy Officer of American Bitcoin Corp. Hut 8 Corp., one of the leading cryptocurrency mining companies in North America, has partnered with Eric Trump to launch American Bitcoin Corp., a company dedicated to large-scale Bitcoin mining and strategic reserve development. The initiative comes after Hut 8 contributed…

Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025

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Within the realm of bitcoin mining, a wave of advanced machinery has elevated performance to unprecedented heights over the past year. While industry titans such as Bitmain continue to dominate, challengers like Bitdeer and Auradine have confidently entered the competitive arena, vying for prominence. The Liquid Revolution – A Dive Into 2025’s Top-Tier Bitcoin Mining […] Original

Bitcoin Mining Made Predictable: Soluna, Luxor Streamline Bitmine’s Growth

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Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy volatility and equipment costs. Bitmine Scales Mining Operations 3x via Soluna-Luxor Partnership Soluna Holdings and Luxor Technology Corporation have enabled Bitmine Immersion Technologies to triple its bitcoin ( […] Original

Bitcoin mining stocks down after Microsoft scraps data center plans

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Bitcoin (BTC) mining stocks are down after tech giant Microsoft reportedly scrapped plans to invest in new artificial intelligence data centers in the US and Europe, citing a potential oversupply, according to a report by Bloomberg and data from Google Finance. Shares of crypto miners Bitfarms, CleanSpark, Core Scientific, Hut 8, Marathon Digital and Riot dropped between 4% and 12% in tandem with the news, the data showed. The stock price retrenchments highlight cryptocurrency miners’ increased dependence on business from artificial intelligence models after the Bitcoin network’s April 2024 “halving”…

From Bitcoin to AI: Crusoe Energy Sells Mining Arm to NYDIG 

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Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. NYDIG Expands Bitcoin Mining Footprint with Crusoe Acquisition Reports disclose that the transaction includes over 425 modular data centers across the U.S. and Argentina, capable of generating 270 megawatts of power, alongside Crusoe […] Original

What is mining difficulty? Guide to Bitcoin mining difficulty

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While the costs of Bitcoin mining can be very high, the return on investment (ROI) is even higher for major operations with huge mining capacity. Therefore, a solo crypto investor must understand the workings of mining before diving into this world. This guide will explore one of the most prevalent terminologies in the mining industry, Bitcoin (BTC) mining difficulty. What is it, and what are its benefits? What is BTC mining difficulty? BTC mining difficulty is a measure of the complexity of mining BTC. It indicates how hard it is…