Trump Brothers’ Bitcoin Mining Company Experiences $59 Million Loss in Q4
Simply put American Bitcoin reported a net loss of $59.45 million in the fourth quarter of 2025. Revenue reached $78.3 million, slightly missing analyst expectations of $79.6 million. The stock has declined 39% since the start of the year, which is more than the drop in Bitcoin’s value. American Bitcoin, a Bitcoin mining operation co-founded […]
Chatham County agrees to a one-year pause on data centers and cryptocurrency mining.
Chatham County Implements Moratorium on Data Centers and Cryptocurrency Mining On Wednesday, Chatham County officials approved a year-long moratorium halting the construction of data centers and cryptocurrency mining operations. This ban affects all development approvals related to data centers, data processing facilities, virtual currency mining activities, and any activities associated with data processing facilities, as […]
Bitfarms Shares Rise After Shifting from Bitcoin Mining to AI and Relocating to the US
Bitfarms Transitions to Keel Infrastructure, Focusing on AI Bitcoin miner Bitfarms is redefining its identity by distancing itself from major cryptocurrency assets, opting to adopt the name Keel Infrastructure. This shift marks a strategic move to relocate operations to the United States, with an emphasis on enhancing artificial intelligence (AI) capabilities. This initiative was initially […]
Bitfarms Shares Rise After Shifting from Bitcoin Mining to AI and Changing Its Name, Moving to the US
Simply put BitFarms is changing its name to Keel Infrastructure and shifting its operations to the United States, moving away from Bitcoin mining. The company plans to hold a special shareholder vote on March 20 to approve this transition. BITF stock saw a nearly 27% increase on Friday, alongside a recovery in crypto stocks and […]
Upper Peninsula township prepares to prohibit crypto mining and data centers
Data Center and Cryptocurrency Mining Regulations in Clark Township CEDARVILLE, Mich. – In a small community in Michigan’s eastern Upper Peninsula, local officials are taking steps to prevent the establishment of data centers and cryptocurrency mining operations via new zoning laws. Their concerns revolve around issues like noise, high energy consumption, and potential changes to […]
Bitcoin Mining Stocks Plunge as BTC Value Falls 20% in a Week
Bitcoin Miners Face Sharp Decline as Prices Hit Low Stocks related to Bitcoin are experiencing a significant downturn. On Wednesday, the price of Bitcoin dropped to $72,185, marking a 15-month low and a nearly 20% decrease over the past week. Major Bitcoin mining companies are feeling the pinch as well. Shares of MARA Holdings (MARA) […]
Was the Risk in Gold and Silver Excessive and What Are Mining Stocks Indicating?
Sir Isaac Newton’s third law of motion tells us that every action provokes an equal and opposite reaction. The recent surge in gold and silver prices has become quite dramatic, and while there’s a good chance we’ll see further increases, the risks tied to ownership have risen significantly. In a previous article, I mentioned that […]
Major cryptocurrency company strengthens its commitment to Bitcoin mining.
Industry Divide on Bitcoin Mining Continues There’s quite a debate brewing in the Bitcoin mining sector about whether it’s worth continuing operations. Over the last year, multiple well-known miners have shut down their facilities, adjusted their business models, or even completely left the field in pursuit of steadier profits in other areas, like AI. But […]
Distillers sample a 150-year-old bottle of alcohol discovered in a mining town in Utah
150-Year-Old Alcohol Bottle Discovered in Utah This summer, archaeologists uncovered a 150-year-old alcohol bottle in an unexpected place in Utah. The find was made at an archaeological site in Alta, Utah, by a team led by archaeologist Ian Wright. It’s interesting to think that this area, now known for skiing, was once a bustling mining […]
Mexico Sends 1000 Soldiers Following Kidnapping of 10 Employees from Canadian Mining Company by Cartel
Mexican Government Mobilizes Troops to Rescue Kidnapped Workers The Mexican government has sent around 1,000 soldiers to assist in the search for ten workers kidnapped from a Canadian mining company by members of the Sinaloa cartel. This situation began on January 23, when armed individuals, believed to belong to the Chapitos faction of the Sinaloa […]