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Thai police seize nearly 1,000 Bitcoin miners in raid: Report – Cointelegraph

Thai police and electricity authorities reportedly confiscated 996 Bitcoin mining equipment from a company for illegally diverting electricity to run the machines. The Bitcoin miners were seized on the road at JIT's facility in Phanat Nikom, Chonburi province, on January 8, said Pol Maj. Gen. Montri Teshan, commander of the Crime Suppression Division. said Bangkok […]

Bitcoin Investors Watch Out: Miners Showing Unusual Exchange Inflow Activity – TradingView

On-chain data shows that Bitcoin miners have recently been making an unusually large number of transactions on centralized exchanges. Bitcoin miner trading volume indicators skyrocket As CryptoQuant author IT Tech pointed out in a new post on X, metrics for miner-to-exchange transactions have been high recently. “Miner-to-exchange transactions” tracks the total number of transfers made […]

Biden says his great-grandfather was accused of being in a group of killer coal miners

In a lengthy anecdote, President Biden on Monday claimed there was a rumor that his great-grandfather was part of a group of miners who murdered an anti-Catholic mine foreman and then laid out his body on the “doorstep” of the family's home. Speaking to union members in Pittsburgh, Pennsylvania, the 81-year-old president recounted the bizarre […]

Botswana Miners Discover Massive 2,492-Carat Diamond, One of the Largest Ever Found

Miners in Botswana have discovered a massive 2,492-carat diamond, officials announced on Wednesday, Fox News reported. Botswana has made headlines with the discovery of one of the largest diamonds ever recovered from a mine. The 2,492-carat find was unearthed at the Karowe mine, operated by Canadian mining company Lucara Diamond Corp. This is no stranger […]

Bitcoin miners may gain $13.9B yearly from 20% shift to AI and HPC: VanEck – Cointelegraph

Bitcoin miners could generate around $13.9 billion in additional revenue per year by 2027, if they partly transition to powering the artificial intelligence and high-performance computing (HPC) sectors, according to investment firm VanEck. “AI companies need energy, and bitcoin miners have it,” Van Eck said on Aug. 16. ReportThe company believes that for bitcoin miners, […]

Bitcoin Miners Weathering ‘Identity Crisis’ as Some Eye AI and Acquisitions – Decrypt

Bitcoin mining companies benchmarked each other at Bitcoin 2024 in Nashville last weekend, as the post-halving situation continues to put pressure on companies’ established business models. While some public companies are seeing industry-wide hurdles as an opportunity to expand or even launch hostile takeover attempts, others are seeking to gain an advantage by diversifying revenue […]

Mexico finds the remains of some of the 63 miners who died 18 years ago

Mexican authorities said Wednesday they have found some of the bodies of 63 miners who were trapped in a coal mine in northern Mexico 18 years ago. The accident occurred at the Pasta de Conchos mine in the state of Coahuila, bordering Texas, on February 19, 2006. Of the 73 miners working there, eight survived […]

Bitcoin mining in May: Assessing the state of miners post-halving – AMBCrypto News

Bitcoin’s hash rate has shown resilience, but BTC has struggled to rise above the $70,000 mark. The European regulatory response targets potential market abuse risks associated with MEVs. Unlike previous years, the 4th Bitcoin [BTC] The halving was quite different: miners’ block subsidy reward was reduced from 6.25 BTC to 3.125 BTC, but miners continue […]