BIT Mining expands to Ethiopia with a $14 million investment
The Chinese company acquires a 51 MW facility and 18,000 miners, elevating Ethiopia to the same level as Norway in the Bitcoin network.
Canaan launches new miners that heat homes
The company, founded in 2013, introduces devices that mine Bitcoin while heating indoor spaces.
Mining: in 2024, focus on increasing Bitcoin reserves and diversification
The sector reaches a record market capitalization of $50 billion as miners adopt alternative approaches.
Marathon heats 80,000 Finnish homes with Bitcoin mining heat
The U.S.-based company turns mining-generated heat into an energy resource, highlighting the industry's sustainability.
Chinese automotive company becomes the third-largest player in mining: 363.9 bitcoins mined in November
Cango, a Chinese automotive company listed on the NYSE, acquires mining power equivalent to 4% of the Bitcoin network, challenging industry giants.
Bitmain lands in the US: the company launches local production
The leading manufacturer of mining machines responds to trade tensions with China by establishing a production line on American soil.
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