Cleanspark borrows $1.15b at 0% to survive the brutal Bitcoin mining shakeout
CleanSpark just sold $1.15 billion of zero-coupon convertible notes to buy more power and machines in the most brutal mining...
Mining
Bitcoin mining news: hashrate, difficulty, miner revenue, public miners and the shift to AI data centers.
Ohio Mining Facility Fire Extends Stock Sell-Off
Bitcoin mining company Bitdeer confirmed that a fire broke out at its facility in Massillon, Ohio, on Tuesday, with no...
Cleanspark Rolls out $1 Billion Convertible Note Plan for Expansion
Cleanspark announced plans to offer $1 billion in convertible senior notes due 2032, with an additional $200 million option for...
Does Bitcoin use MEV to order your transactions like DeFi?
In crypto, MEV typically refers to bots and searchers on chains like Ethereum reordering, inserting, or censoring transactions around DEX...
Hashprice Near Critical Level, Bitcoin Miners Feel the Squeeze: Report
Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that...
$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push
Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division...
Are miners about to sell more Bitcoin? MARA’s record quarter says maybe
Marathon’s third-quarter filing carried a quiet but definitive policy change, in which the company stated that it will now sell...
Texans Fails to Create City to Enforce Noise Limits on Bitcoin Miner
Residents living in a small area of Hood County, Texas, have failed in their bid to become a new municipality...
Bitcoin’s $7K Drop Sends Miner Revenues to April Lows
On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value...
Microsoft signs $9.7B deal with BTC miner IREN
Microsoft’s $9.7 billion contract with a Texas miner reveals the new math pushing crypto infrastructure toward AI, and what it...
Struggling Mining Industry sees $11B Boom in Convertible Debt Offerings
Bitcoin (BTC) miners have raised $11 billion in convertible debt — corporate debt that is convertible to stocks — over...
Zcash Hashrate Hits Record High as Miners Cash In on Rally
New figures reveal that mining the privacy coin zcash (ZEC) has become a serious money-maker after the digital asset’s price...
Are Bitcoin miners becoming AI utilities? The math says yes
Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin...
Canaan’s BTC Miners Load Balance Electric Grid in Japan
Mining hardware producer Canaan won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for...
Canaan Launches Avalon A16 Miner Delivering 300 TH/s and 12.8 Joules per Terahash
Canaan Inc. has pulled the curtain back on its next-generation Avalon A16 series bitcoin miner, revealing the A16XP model at...
Could Bitcoin new BIP 444 proposal trigger a chain split?
Bitcoin, the world’s largest and oldest blockchain, is confronting an existential question of how much data should live on its...
American Bitcoin Boosts Holdings To 3,865 BTC Amid Expansion
American Bitcoin, the mining and treasury company co-founded by Eric Trump and Donald Trump Jr., added more than 1,400 Bitcoin...
Hive Digital’s Bitcoin Hashrate Hits 22 EH/s, Expands AI Cloud Data Center in Sweden
Hive Digital Technologies Ltd. has achieved a new milestone, surpassing 22 exahash per second (EH/s) in bitcoin-mining capacity while fast-tracking...
Are miners buying Bitcoin again? Marathon adds 400 BTC after the crash
Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse...
Bitcoin Miners Face New Hash Wars After 2024 Halving
The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized...
Bitcoin Miner Argo to Delist from London Stock Exchange Amid Debt Restructuring
Argo Blockchain, one of the earliest publicly listed bitcoin mining companies, said Tuesday it plans to delist its shares from...
Bitcoin miners sell BTC reserves and eye AI to boost revenues
Bitcoin miners are running out of room to breathe.In the wake of a $19 billion market rout, operators have begun...
