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Marathon Digital Expands Revenue with Kaspa Mining
Bitcoin miner Marathon Digital is diversifying its revenue by mining Kaspa, a proof-of-work (PoW) layer 1 blockchain network. The miner said it became interested in Kaspa in May 2023 when […]
CleanSpark agrees to acquire GRIID for $155 million amid mining struggles
Bitcoin miner CleanSpark has agreed to acquire its rival GRIID Infrastructure for $155 million, according to a June 27 statement. The companies also revealed that they entered an exclusive hosting […]
Expert fears resurgence of ‘environmental narrative’ as US coal miner generates $30 million by mining Bitcoin
Alliance Resource Partners (ARLP), a US-based coal mining company, said it has successfully mined 425 Bitcoin worth $30 million by harnessing excess energy from its facilities, according to its first-quarter […]
Marathon Digital doubles hash rate target to 50 EH/s
Bitcoin miner Marathon Digital has reviewed its hash rate target for this fiscal year to 50 EH/s, according to an April 25 statement. Initially, the miner aimed to boost its […]