The Latest Breaking News from Mining

BIT Mining Ltd (NYSE:BTCM) reported a first-quarter FY22 revenue decline of 40.4% Q/Q to $296.7 million. BTCM reported a sharp increase of $294.1 million from $2.6 million in revenue in 1Q21. Revenues during 1Q22 primarily consisted of $272.3 million in revenue contribution from the mining pool business. The online total hash rate capacity…

The Group of Seven countries on Friday agreed stringent environmental controls should govern deep-sea mining and that they would consent to such mining projects only if they did not seriously harm the marine environment.

Block, Blockstream, and Tesla are teaming up to experiment with the world's first truly carbon-neutral cryptocurrency-mining facility.

Chip manufacturer NVIDIA Corporation (NASDAQ: NVDA) attributed its 52% decline in "OEM and Other" market platform revenue to a decline in Cryptocurrency Mining Processor (CMP) sales.

Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Australian mining giant's ambition to become the world's top green energy group.

Shares of NVIDIA Corporation (NASDAQ: NVDA) are sliding after hours after the company’s EPS came in lower than Street estimates and underwhelming guidance. The company also cited weakness in demand for chips for cryptocurrency mining.

Spread over 1.80 acres on a hill at Kodavali village, the stupa faces risk of damage due to proposed laterite mining in the area

Mance Harmon graduated from college in 1993 when the World Wide Web was just getting ripples, so he remembers the frustrations of trying to explain it to his parents. It didn’t make sense to them until they got an email account, but now, everyone intuitively understands the Internet, he said.

The Yindjibarndi traditional owners won a landmark native title case in the Pilbara in 2020 in a David-and-Goliath battle with mining giant Fortescue Metals Group, however, negotiations over royalties for mining iron ore on their land fell through. Now they are launching legal action against FMG for compensation.