Finance News – Mining
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Mine Bitcoin (BTC) And Dogecoin (DOGE) With Your Phone - RI Mining Launches New App To Make Everythi...
RI Mining’s newly introduced mobile application enables users to generate cryptocurrency revenue through their smartphones, potentially expanding access to digital asset mining and...
Read Full Article →Advance hits more visible gold at high-grade Victorian project
The discovery of additional gold in several areas at the high-grade Victorian site could potentially enhance the project's value and attract increased investment interest.
Read Full Article →Ero Copper Achieves Commercial Production at the Tucumã Operation
Reaching full operational status at the Tucumã site is expected to enhance Ero Copper’s revenue generation and strengthen its position in the copper market moving forward.
Read Full Article →MARA Bitcoin Production Slides 25% as Mining Environment Toughens
The company's Bitcoin output declined due to challenging conditions, yet it plans a significant increase in mining capacity, which may enhance future production and impact its fina...
Read Full Article →Critica taps rare earths expert Jacob Deysel as new CEO
The appointment of experienced mining executive Jacob Deysel as CEO is expected to accelerate the advancement of Critica Limited’s substantial rare earths deposit, potentially enha...
Read Full Article →Brazil’s last asbestos miners are switching to rare earth minerals. Can they offer a brighter future...
The shift of miners in Minaçu towards extracting rare earth elements could significantly impact global supply chains by providing an alternative source crucial for manufacturing cl...
Read Full Article →Trump-linked American Bitcoin raises $220M for mining, treasury
The recent funding round brought in $220 million, featuring a $10 million portion received in cryptocurrency, highlighting the company's strategic approach to diversifying its fina...
Read Full Article →Kazakhstan plans to establish national crypto reserve
Kazakhstan’s central bank aims to create a government-backed cryptocurrency reserve, potentially utilizing confiscated digital currencies and resources from state-affiliated mining...
Read Full Article →The Guardian view on Donald Trump’s China deal: rare earths pave the green road to militarisation |...
The renewed trade agreement restoring essential mineral supplies from China to the US highlights the economic importance of these resources for both green technologies and national...
Read Full Article →Metlen moves listing to London in £5bn boost for City
The planned relocation of a major Greek mining and energy company's listing to London this August is expected to inject over £5 billion into the city's struggling financial market.
Read Full Article →Bit Digital falls 4% as it ditches Bitcoin mining for Ethereum
The company’s shift in focus from mining one cryptocurrency to another, combined with plans to raise capital through stock sales, aims to strengthen its asset portfolio and financi...
Read Full Article →Bitcoin Mining Profitability Increased by Almost 20% in May, Jefferies Says
According to Jefferies, the substantial improvement in earnings from bitcoin mining during May was primarily influenced by a notable surge in bitcoin’s value, outpacing the modest...
Read Full Article →Mineral-rich Greenland says it doesn't want to become a great mining nation. Here's why
Despite possessing abundant mineral reserves with substantial economic value, Greenland prefers to limit large-scale mining development to avoid potential social and environmental...
Read Full Article →Bitcoin mining to face temporary ban in Norway
The proposed restriction on cryptocurrency mining activities in Norway could impact local energy consumption and influence market dynamics within the digital asset sector during th...
Read Full Article →Javelin soars toward production at Kalgoorlie gold play
Javelin Minerals aims to accelerate mining operations at its Eureka gold site near Kalgoorlie, potentially increasing output and boosting the company’s revenue generation in the ne...
Read Full Article →Interview | HIVE CFO: Hydro-cooled mining and AI cloud give us an edge post-halving
HIVE Digital Technologies aims to enhance its mining capacity and operational efficiency through innovative cooling solutions and AI infrastructure, positioning itself strategicall...
Read Full Article →Javelin eyes hidden gold-copper trove in WA Eastern Goldfields
Javelin Minerals has identified multiple promising gold and copper targets in Western Australia’s Eastern Goldfields, potentially enhancing the company's asset value as exploration...
Read Full Article →Bitcoin production costs up 9% on higher hashrate, energy prices
The rising computational power and increased energy expenses have contributed to a notable increase in the average expenses required to mine each Bitcoin during the recent quarters...
Read Full Article →Bitcoin Mining Costs Soar as Hashrate Hits Records: TheMinerMag
The rising computational power required for Bitcoin mining is driving up operational expenses, prompting public miners to expand their infrastructure to maintain profitability amid...
Read Full Article →Can Bitcoin fix Pakistan’s energy problem? The 2,000 megawatt mining strategy explained
Implementing a large-scale cryptocurrency mining project in Pakistan has potential financial implications by utilizing excess energy capacity, possibly generating revenue and influ...
Read Full Article →Advance nails big gold-silver runs in Mexican drilling program
The recent drilling results at the Yoquivo project demonstrate promising high-grade mineralization, which could enhance the company's valuation and attract further investment inter...
Read Full Article →Tether to democratize Bitcoin mining with open-source software debut
By making its Bitcoin Mining OS open-source, Tether aims to reduce entry costs and increase accessibility, potentially expanding participation and competitiveness within the Bitcoi...
Read Full Article →Tether plans to open-source Bitcoin mining OS; CEO says 'no need' for 3rd party vendors
Tether’s initiative to release an open-source Bitcoin mining operating system by late 2025 could reduce reliance on external suppliers, potentially lowering costs and increasing co...
Read Full Article →RichMiner green mining beats Musk’s carbon standards with potential 1.61% daily income
RichMiner’s innovative use of AI combined with renewable energy aims to provide investors with consistent daily returns while addressing the substantial energy consumption challeng...
Read Full Article →Advance Metals to chase further visible gold at Victorian play
Advance Metals' approval for an expanded drilling program at its Myrtleford project in Victoria could potentially enhance the company’s resource estimation and increase its overall...
Read Full Article →CleanSpark ramps up Bitcoin mining by 9% in May, boosts hash rate, power capacity
In May, CleanSpark increased its cryptocurrency mining operations and infrastructure, demonstrating steady growth despite remaining behind leading rivals in overall production and...
Read Full Article →Cango produced over $100M of Bitcoin in two months after mining pivot
After shifting its business focus exclusively to Bitcoin mining and divesting previous assets, Cango generated revenue exceeding $100 million by producing nearly 955 BTC within a t...
Read Full Article →MARA increases Bitcoin production by 35% amid new hashrate highs
Mara's substantial growth in Bitcoin output reflects a stronger asset accumulation strategy, as the company maintains its entire cryptocurrency inventory without any sales during t...
Read Full Article →Bitcoin Mining Profitability Improved in May, JPMorgan Says
The overall value of major U.S. bitcoin mining companies increased by nearly one-fifth in May, indicating a positive shift in the sector’s financial performance according to JPMorg...
Read Full Article →IMF raises concern over Pakistan’s Bitcoin mining power plan: report
The IMF highlights potential economic risks as Pakistan considers dedicating substantial electricity resources to Bitcoin mining during ongoing energy deficits and financial negoti...
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