Bitcoin Mining

Singapore High Court gives approval to WazirX's scheme of arrangement

This comes weeks after the majority of the platform's creditors approved its revised scheme of arrangement, paving the way for the redistribution of virtual digital assets (VDAs) on the platform

WazirX parent to launch revote on amended scheme starting July 30

WazirX's parent company Zettai will allow users in India to revote on an amended scheme of arrangement from July 30 to August 6 after the Singapore High Court rejected the previous plan

Bitcoin rally triggers $1.2 billion liquidations, bears hit hardest in 2025

The largest single Bitcoin liquidation, valued at $88.5 million, was on the exchange HTX. Overall, about $1.29 billion in positions were wiped out across all tokens, the most this year

Bitcoin tops $108k before pullback amid options expiry; altcoins retreat

Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, briefly surpassed the $2,500 level but failed to hold gains

Pakistan allocates 2,000 MW to bitcoin mining and AI data centres

The Pakistan government, in a major move to transform the country into a global leader in digital innovation, has allocated 2,000 megawatts of electricity to power Bitcoin mining and artificial intelligence (AI) data centres. Finance Minister Muhammad Aurangzeb in a statement on Sunday said this strategic allocation marked a pivotal moment in Pakistan's digital transformation journey, unlocking economic potential by turning excess energy into innovation, investment, and international revenue. "Pakistan is uniquely positioned geographically and economically to become a global hub for data centres. As a digital bridge between Asia, Europe, and the Middle East, Pakistan offers the most strategic location in the world for data flow and digital infrastructure," the statement read. Since its inception, the Pakistan Crypto Council (PCC) has evoked tremendous interest from global Bitcoin miners and data infrastructure companies. Several international firms have already visited Pakistan fo

Bitcoin miners are devouring electricity at record pace during crypto rally

Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings

Bitcoin hits two-year peak breaking over $68,000, gains 50% in 2024

There's definitely something of an irrational behaviour creeping into the market," said Kyle Rodda, senior markets analyst at Capital.com

What is cryptocurrency mining?

Companies take the primary market route to raise funds. And, in the process, new securities are created. But, ever wondered how new cryptocurrencies are generated? We answer this in this segment

Govts, companies own 8% of all Bitcoins worth $46 bn in the world: Report

The governments and companies own close to 8 per cent of all Bitcoin in the world, roughly 1 million Bitcoin (BTC) worth $45 billion, and Bulgaria is the major holder of it, a report said

Amid 40% fall in price, Bitcoin could be laid low by miners' malady

The hashrate, or combined computational power used by bitcoin miners globally, has roughly quadrupled over the past six months to blow past 200 million "terahashes" per second

Bitcoin miners eye N-power as environmental criticism mounts

Firms aim to bring advanced fission to energy-intensive process of minting new coins, diversify energy sources used by miners

Bitcoin mining generates tonnes of e-waste every year, says study

Bitcoin mining generates as much as 30.7 metric kilotonnes of e-waste every year as of May 2021 which is comparable to small IT equipment waste produced by countries like the Netherlands

Bitcoin nosedives as China expands crackdown on cryptocurrency mining

The price of bitcoin has nosedived after fresh reports emerged that China has expanded its crackdown on the mining of cryptocurrencies.

China's crypto crackdown speeds shift to central Asia, North America mining

China's central government vowed to clamp down on bitcoin mining and trading

Explained: The rise and rise of Bitcoin; India investment rules

In this edition of the podcast, we will breakdown the meaning of bitcoin for you and will rewind its stupendous rally

Is your smart fridge mining bitcoin for criminals? A guide to cryptojacking

Industry experts first noted crypto-jacking as a threat in 2017

Why mining rig company Canaan is planning $2 bn IPO in wobbly bitcoin world

Bitcoin prices have fallen 40 percent this year, hurting margins for miners

Amid Bitcoin mania, how browser-based cryptomining is back from the dead

Browser-based mining is a process of cryptocurrency mining that occurs in a browser and implemented using cryptomining software and script

How coal is fuelling Bitcoin's meteoric rise

The global industry's power use already may equal 3 million US homes, topping the individual consumption of 159 countries