American Bitcoin’s ambition is to dominate mining — Hut 8 CEO
Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family —...
Mining
900 EH/s and Counting: Bitcoin Network Power Reaches Unprecedented Heights
Bitcoin’s hashrate has soared to unprecedented heights, hitting an astonishing 900 exahash per second (EH/s) as of April 6. 900...
Senator Ted Cruz introduces FLARE Act to repurpose flared gas for Bitcoin mining
Senator Ted Cruz introduced legislation on April 1 to repurpose flared gas and use it to generate “value-added products,” like...
Satoshi Nakamoto turns 50 as Bitcoin becomes US reserve asset
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marks their 50th birthday amid a year of rising institutional and geopolitical adoption...
Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth
Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations...
Bitcoin mining edges toward green dominance with 70% renewables by 2030
Renewable energy could power over 70% of Bitcoin (BTC) mining operations by 2030, according to a report published by MiCA...
Bitcoin miner Bitfarms secures up to $300M loan from Macquarie
Bitfarms, a global computer infrastructure company known for its Bitcoin mining operations, has entered into a $300 million loan agreement...
Bitcoin Miners Grapple With $20M March Earnings Dip as Hashprice Swings
March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily...
Trump family enters Bitcoin mining industry with American Bitcoin 20% stake in Hut 8
Hut 8 has partnered with Eric Trump and Donald Trump Jr. to launch American Bitcoin, a new entity focused exclusively...
Bitcoin mining hashprice stays flat despite higher difficulty: Report
The Bitcoin (BTC) mining hashprice — a miner’s daily revenue per unit of hash power expended to mine blocks —...
Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a...
Bitcoin hashprice stabilizes after hitting quarterly low, but miner risk remains
Bitcoin’s hashprice, a measure of daily miner revenue per terahash, experienced significant volatility in the past three months. From late...
Bitcoin mining stocks down after Microsoft scraps data center plans
Update (March 26 at 8:48 PM UTC): This article has been updated to include commentary from Benchmark stock analyst Mark...
Canaan Advances North American Mining Strategy via New Agreements
Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding...
Bitcoin miners’ income stabilizes post-halving: Coin Metrics
Bitcoin (BTC) mining revenues hit $3.7 billion in the fourth quarter of 2024, a 42% increase from the prior quarter,...
Report: Pakistan to Unveil Crypto-Friendly Electricity Tariffs to Lure Miners
Pakistan is reportedly planning to develop a specialized electricity tariff regime for crypto mining and blockchain-based data centers. Pakistan Crypto...
Pakistan ramps up crypto-friendly efforts with plans for energy-efficient Bitcoin mining
Pakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to...
Core Scientific posts $265M Q4 loss, unveils $1.2B data center plan
Bitcoin mining company Core Scientific unveiled plans for a $1.2 billion data center expansion in partnership with artificial intelligence startup...
Foundry, Antpool, and Viabtc Dominate Bitcoin Mining: Here’s Why
Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through...
SEC confirms PoW crypto mining exempt from securities law
The US Securities and Exchange Commission (SEC) has clarified its stance on crypto mining under proof-of-work (PoW) protocols, stating that...
Hive doubles down on BTC hodl strategy amid miner equity dilution, debt reliance
Data center infrastructure provider Hive Digital is doubling down on its long-term Bitcoin treasury strategy and is using the recent...
Bitcoin Miner Bitfarms Completes Acquisition of Stronghold Digital Mining
Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy...
