HIVE Digital Technologies hits 23 EH/s, expands HPC/AI data centers in Canada and Sweden

HIVE Digital Technologies has expanded its Bitcoin mining operations to 23 exahashes per second (EH/s) and is simultaneously advancing its global HPC and AI data center strategy, including new Tier III+ facilities in Canada and retrofits in Sweden. Summary HIVE’s Bitcoin mining capacity surged to 23 EH/s, marking 283% year-to-date growth. Acquisition of 32.5 acres…

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UAE’s second largest telecom provider Du launches Bitcoin cloud mining service

UAE residents can now mine Bitcoin without owning hardware, as telecom operator du launches its first-ever Bitcoin cloud mining platform, “Cloud Miner.” Summary Users can rent computational power via an online auction (Nov 3–9), receiving 250 TH/s for 24 months, with earnings automatically credited to their wallets. The launch at Burj Khalifa marks the first time…

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Why is crypto market down today?

Crypto markets tanked on Monday, Nov. 3, after a wave of liquidations wiped out nearly $400 million in leveraged positions. Summary The total crypto market cap fell over 3%  to $3.69 trillion $334.7 million in long liquidations led the market downturn. The Crypto Fear and Greed index still remains in the fear zone. Global market…

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Why is the crypto market up today (Oct 31)?

Bitcoin and Ethereum saw gains as markets bounced back from yesterday’s slump, but the crypto market is still under pressure. Summary Crypto markets are bouncing back up after yesterday’s rate cut decision The Federal Reserve is signaling a more cautious stance on inflation, indicating no further rate cuts Spot crypto ETF outflows reach $600 million…

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