Binance Pulls the Plug on Bitcoin Mining After 6-Year Run
Binance is pulling the plug on Binance Pool and its related mining services on Nov. 10, ending a six-year...
Mining
Bitcoin mining news: hashrate, difficulty, miner revenue, public miners and the shift to AI data centers.
Bitcoin miners escape months of distress as daily revenue surges by 78%
Bitcoin miners are emerging from months of financial pressure as rising BTC prices lift daily industry revenue by 78%.According to...
Fortitude Bets Up to $100 Million on Bitmain Zcash Mining Hardware
Fortitude signed for up to $100M of Bitmain zcash miners, with shipments targeted for Q2 2027.The deal signals a...
3 countries control 66% of Bitcoin mining, but 1 rival is gaining
Bitcoin's estimated US mining footprint shrank as Russia's grew, with little change in top-three country concentration.Hashrate Index's Oct. 5 country...
Bitcoin Miners Bank Strong September as Difficulty Barely Budges
Bitcoin difficulty dipped just 0.03% to 132.72 trillion at block 969696.September delivered bitcoin miners $1.12 billion, the best month...
Bitcoin’s Great Unplug: $1.5 Billion in Hardware Behind the AI Pivot
This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute,...
Hut 8 locks in $1B credit line, but faces 40% liquidity rules
Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line.The...
Solo Bitcoin Miner Hits $244K Jackpot After Nearly 40-Day Drought
Braiins Solo landed block 966351, handing one miner the full 3.147 BTC reward.Foundry and Antpool face a rare solo...
Kazakhstan Turns to Flare Gas to Power Crypto Mining Revival
Kazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations.Oil companies can...
Riot Repays Coinbase Loan, Ends $200 Million Bitcoin-Backed Facility
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The...
BitFuFu Bitcoin production rises 55%, reserves lag
BitFuFu, a Bitcoin miner and cloud-mining provider, reported a 55.4% rebound in August production as additional capacity came online. Cloud-mining...
Bitcoin Miner Hive Escalates Swedish VAT Dispute to European Commission
Sweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery.Hive argues it provides taxable compute power, meaning...
Bitcoin mining economics improve as BTC price rises
Bitcoin’s post-retarget relief for miners was real, but narrow.Using a BTC price of $84,751, the completed difficulty increase and the...
Deep in Mexico’s Jungle, Police Found 300 Crypto Miners Humming
Tlaola police followed strange noises and power use and found 300 GPU miners humming away deep in Puebla’s jungle.Reuters...
Bitcoin mining vardiff can strand slowed miners
Some Bitcoin mining vardiff (variable difficulty) controllers can keep demanding work calibrated for a machine's former speed after it cuts...
Kazakhstan Approves Strategic Crypto Mining Framework
Kazakhstan, one of the world’s largest Bitcoin mining hubs, approved a new framework for large-scale crypto mining that links access...
Bitcoin Miner Bitdeer Adds 65.1MW for Nvidia AI as Pipeline Hits $7B
Bitdeer added 65.1 MW in Malaysia, lifting secured AI Cloud capacity to 206.5 MW.The shift shows bitcoin miners chasing...
Bitcoin mining faces a squeeze: the $82,900 price hurdle
Bitcoin’s August price recovery coincided with a sharp improvement in mining revenue, but the network is preparing to reclaim part...
Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Ethiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used...
Bitcoin miners have amassed $100 billion of AI deals, but almost none of the revenue exists yet
Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue.More than...
Bernstein Says Bitcoin Mining Deals are Necessary for AI Power Crunch
Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that...
Grayscale Says Rewards Beat Bitcoin 2x
Grayscale estimates Zcash rewards at twice Bitcoin’s daily rewards per rig.Zcash mining activity has increased more than 2.5 times...
