News list for " Miners"

Average Bitcoin Production Cost for Public Miners Hits $746,000 in Cash

In the second quarter of 2025, the average Bitcoin production cost for public miners reached $746,000 in cash and the total cost reached $1.378 million.

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2025-12-06 23:25:45
Crypto Miners in Malaysia Stole $1 Billion in Power Over Five Years
Crypto Miners in Malaysia Stole $1 Billion in Power Over Five Years

A new parliamentary tally shows power theft tied to crypto mining accelerating sharply since May’s warnings of rising illicit activity.

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2025-11-19 21:22:55
BitFuFu: Completed the acquisition of a majority stake in a bitcoin mine in Oklahoma

Nasdaq-listed bitcoin miner BitFuFu announced that it has signed a definitive agreement to acquire the Oklahoma bitcoin mine, which operates 51MW and trades at $400,000/MW, funded by cash and common stock on BitFuFu's balance sheet. It is reported that with the deployment of the AntMiner S21 series of mining machines, the average cash cost of mining one bitcoin at the site will be as low as $18,000 (excluding depreciation).

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2025-02-21 11:25:03
Bitdeer reveals bitcoin holdings rose to 833

On February 15th, Nasdaq-listed bitcoin miner Bitdeer officially updated its bitcoin position data, revealing that its latest position as of February 14th was 833 BTC (excluding customer deposits), an increase of 28 BTC compared to last week's position.

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2025-02-15 09:05:30
Bitdeer signed a $17 million supply chain financing agreement with a Singapore Financial Institution Group, and held 724 BTC positions at the end of January

Nasdaq-listed bitcoin miner Bitdeer released an unaudited mining and operations update report for January 2025, which revealed that the output of self-mining in January was 126 bitcoins, a decrease from the output of 145 bitcoins in the previous month. As of January 31, Bitdeer's bitcoin holdings reached 724. In addition, Bitdeer also disclosed that it has signed a $17 million supply chain financing agreement with a Singapore Financial Institution Group and completed the financing withdrawal in ...

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2025-02-13 01:09:37
IREN: 521 BTC mined in January

According to Globalnewswire, Nasdaq-listed miner IREN released its monthly update report for January 2025, revealing that mining output in January was 521 BTC, a decrease from the previous month's output of 529 BTC.

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2025-02-09 14:00:40
CleanSpark's fourth-quarter revenue was $162 million

Bitcoin mining company CleanSpark released the fourth quarter of 2024 financial report, the company's quarterly revenue reached $162.30 million, an increase of 120% year-on-year; net profit of $246.80 million, adjusted EBITDA of $321.60 million. By the end of 2024, the company held 10,500 bitcoins with total assets of $2.80 billion. It is worth noting that CleanSpark only costs about $34,000 per bitcoin to mine.

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2025-02-07 11:16:46
DMG Blockchain: 31 BTC were mined in January, and the current total bitcoin holdings reached 431

DMG Blockchain Solutions Inc., a listed bitcoin mining company, announced its mining report for January 2025, revealing that the mining output in January was 31 BTC, the hash rate reached 1.75 EH/s, and the current total bitcoin holdings reached 431 (the total bitcoin holdings in December last year were 406 BTC).

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2025-02-04 10:33:19
Bitcoin mining company Digihost reached a $5.35 million private subscription financing agreement

Nasdaq-listed bitcoin miner Digihost announced that it has reached a $5.35 million private placement financing agreement with some investors (details of the investors have not been disclosed yet). The private placement is subject to all necessary corporate and regulatory approvals and is expected to be completed around February 5, 2025. Digihost, listed on Nasdaq in 2021, mined 35 BTC in December last year. As of December 31, 2024, the company held cash. BTC and cash deposits are approximately $...

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2025-02-02 02:30:36
Mining company Bitdeer's bitcoin holdings rose to 695, an increase of 28 from last week

On January 26, Bitcoin mining company Bitdeer said that as of January 24, 2025, its bitcoin holdings stood at 695 (excluding customer deposits), an increase of 28 from last week.

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2025-01-26 01:03:15
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