$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push

Key TakeawaysKazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations.Oil companies can sell waste gas to miners, avoiding millions in...

This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on...

Key TakeawaysSweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery.Hive argues it provides taxable compute power, meaning the VAT change causes a major financial hit.Hive...

Bitcoin’s post-retarget relief for miners was real, but narrow.Using a BTC price of $84,751, the completed difficulty increase and the latest gross hashprice is about $40.31 per petahash...