Marathon Digital

Foundry lays off staff as Marathon, Hive expand
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11 December, 2024

Foundry lays off staff as Marathon, Hive expand

Foundry laid off a quarter of its workforce as it spun off from DCG, while Marathon acquired a Texas windfarm...
BTC’s price surge offers miners relief…but for how long?
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10 December, 2024

BTC’s price surge offers miners relief…but for how long?

HODLers may be rejoicing over BTC's fiat price surge, but the same can't be said about block reward miners, who...
Africa’s digital asset Telegram groups boost adoption: report
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11 November, 2024

Africa’s digital asset Telegram groups boost adoption: report

A report by Bitget exchange found that Telegram leads in attracting digital asset users—mainly millennials—but is also a hub for...
Will the last BTC miner shut off rigs when they leave for AI?
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18 October, 2024

Will the last BTC miner shut off rigs when they leave for AI?

Jefferies Group analysts note that September's BTC mining revenue and profits were lower than the sector reported in August.
Norwegians celebrate as noisy BTC miners shut down
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23 September, 2024

Norwegians celebrate as noisy BTC miners shut down

Beyond noise and their intensive energy usage, several BTC mining facilities have ceased operations, with KryptoVault being the latest, and...
BTC mining profits elusive as difficulty hits all-time high
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3 September, 2024

BTC mining profits elusive as difficulty hits all-time high

Bitbo data revealed BTC miner revenue hitting $827.5 million in August, lower than this year's peak of $1.93 billion in...