Addis Ababa, Ethiopia – November 8, 2025 – Phoenix Group (ADX: PHX), the Abu Dhabi-listed digital asset infrastructure operator, has officially energized a new 30-megawatt (MW) Bitcoin mining facility in Addis Ababa, Ethiopia. This significant expansion, announced on November 6-7, 2025, leverages Ethiopia's abundant hydropower resources, contributing an estimated 1.9 Exahashes
November 7, 2025 – As the cryptocurrency market navigates the latter half of 2025, all eyes are on Ethereum (ETH), the foundational layer of much of the decentralized web. Forecasts for Ethereum's performance in 2025 are painting a picture of continued growth and robust ecosystem expansion, with several analysts projecting significant price appreciation. Amidst this [...]
The blockchain landscape is witnessing a significant power shift as Solana, once plagued by network instability, experiences an impressive resurgence, challenging Ethereum's long-held dominance. Fueled by unparalleled transaction speeds, ultra-low fees, and a flourishing developer community, Solana is not only expanding its decentralized finance (DeFi) footprint and NFT market but
BIT Mining Ltd. (NASDAQ:BTCM) stock plunged 8% in Thursday's after-hours trading after the cryptocurrency mining company's half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here.
BIT Mining issued shares in exchange for its Ethiopian crypto data center acquisition, expanding total capacity to 51 megawatts with a new Bitcoin mining deployment.
