Only 450 BTC are mined daily worth ~$46M, making energy-efficient, cost-effective mining a requirement for profitability.

In May, Tether exercised warrants from a previous financing round, providing Bitdeer with $50 million in cash in exchange for ...

With Ethiopia supporting Bitcoin mining at the state level, the crypto sector in Africa is entering a new chapter, with private players joining in. Ethiopia became the first country on the African ...

We’re joined by Ethan Vera of Luxor Tech and Kal Kassa of BitcoinBrr to discuss mining Bitcoin in Ethiopia! Earlier this summer we heard reports of mining picking up in the Eastern side of ...

Initiatives like our latest expansion in Ethiopia are pivotal steps ... operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced from renewable ...

Bitcoin mining company Phoenix Group has announced plans to add 52MW of cryptomining capacity to its existing site in Ethiopia. The facility already has an 80MW mining capacity, and the new expansion ...

Crypto Daily - Ethiopia is leveraging its hydroelectric power through the Grand Renaissance Dam to power Bitcoin mining and generate 18% of the country’s revenue from digital assets. Bitcoin mining is ...

Bitcoin mining isn’t going away—but with Auradine’s tech, it might just get cleaner, tougher, and more in tune with the world ...

Tether's open-source Bitcoin Mining OS empowers diverse companies with scalable operations, bridging gaps in the mining ...

The company also has its own bitcoin mining business ... 2024 compared with the prior year by moving some mining machines from U.S. sites to Ethiopia data center, Lu said on the conference ...