Bitcoin mining companies are looking to the United Arab Emirates as a potential hub for crypto-mining in the Middle East, thanks in part to partnerships with major mining firms and Abu Dhabi's sovereign wealth fund.

July 4 (Cointime) - Bitcoin mining company Hut 8 is relocating 6,400 rigs from its facility in Ontario, Canada to Texas due to increased demand for AI and high-performance computing. This move is part of the company's plan to revive its operations after facing hurdles, including a legal dispute with energy supplier Validus.

June 27 (Cointime) - BitNile Inc. (BNI), a wholly-owned subsidiary of Ault Alliance, released an unaudited update reporting that its Bitcoin mining operation currently has a hash rate of 2.1 ahash per second, with approximately 9,000 bitcoins. Bitcoin mining machines run in its Michigan data center, and another 10,000 Bitcoin mining machines are hosted through a strategic partnership with Core Scientific.

June 22 (Cointime) - A Brooklyn bathhouse and spa called Bathhouse has sparked controversy by revealing that they operate a small-scale bitcoin mining operation to heat their pools. The company claims that the heat generated by their mining rig heats their pools, which then returns later in the process to cool the hardware.

June 21 (Cointime) - Bathouse, a New York City bathhouse and spa, has caused controversy by revealing their small-scale bitcoin mining operation that heats their pools. The company, located in Brooklyn, accepts Bitcoin payments and operates on a Bitcoin Standard. The heat generated by their mining process heats their pools, with the water returning later in the process to cool the hardware. Bathouse claims that their unique heating process could be implemented in other building solutions for creating heat and domestic hot water. However, the post has received mixed reactions, with some expressing concerns about transparency and the ethics of bitcoin mining.

June 21 (Cointime) - CleanSpark, a Nasdaq-listed bitcoin mining company, has announced its acquisition of two facilities in Dalston, Georgia for $9.3 million in cash. The facilities will host over 6,000 Bitmain Antminer S19 XPs and S19J Pro+s, adding just under 1 exahash per second (EH/s) to CleanSpark's hashrate.

June 20 (Cointime) - Arkon Energy, a Melbourne-based data center infrastructure provider, has acquired a site in Ohio as part of its expansion into North America.

June 16 (Cointime) - Dallas College and the Texas Blockchain Council (TBC) have partnered to offer students a new Blockchain and Cryptocurrency Advanced Technical Certificate. The collaboration focuses on hands-on learning and aims to prepare students for the digital economy.

Despite the recent crackdown by the US Securities and Exchange Commission (SEC) on major crypto companies, Blockstream CEO Adam Back remains confident that the industry will adapt and relocate if necessary.

Switzerland's Block Green and US-based Merkle Standard have partnered to transform Bitcoin mining financing. The deal allows Merkle Standard to use Block Green's platform for hedging future revenue risks and accessing immediate liquidity at favourable rates.