Beyond the initial testing result of an energy efficiency of 9.7 J/TH at the chip level while running at low voltage, ultra ...

The acquisition signals the potential expansion of the company’s data center and crypto mining operations in the region.

MARA, CleanSpark, and Hut 8 report mixed Q1 2025 financials, with strong revenue growth for some, but net losses amid market volatility.

Public officials are propping up a Texas Bitcoin boom that’s threatening water and energy systems while afflicting locals ...

Members of the Mountain City and Johnson County community rallied at the board of mayor and alderman meeting in Mountain City ...

The Company’s mining operations delivered an average of 14.2 EH/s in Q1 2025, maintaining its competitive global share of ...

Okay, let’s talk Bitcoin mining in 2025—because, wow, it’s a whole new ballgame! I’ve been messing around with mining for a ...

Bitcoin mining company Phoenix Group has announced plans to add 52MW of cryptomining capacity to its existing site in ...

Phoenix Group, an Abu Dhabi-listed blockchain and cryptocurrency company, has expanded its bitcoin mining operations in Ethiopia, securing an additional 52 megawatts (MW) of power supply. The latest ...

The Abu Dhabi-based Phoenix Group expands its operations in Ethiopia to 132 MW, leveraging hydropower to strengthen its position among the world’s largest miners ...

Phoenix Group announced, in a press release sent to Bitcoin Magazine, that it has added fifty-two megawatts of Bitcoin mining ...

Initiatives like our latest expansion in Ethiopia are pivotal steps ... Phoenix Group's Ethiopian operations rank among the most sustainable in global Bitcoin mining, with 90% of their energy sourced ...