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...
Mining
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...
Analysts eye Bitcoin miners’ AI, chip sales ahead of Q4 earnings
Investors are eyeing revenues from artificial intelligence computing and chip-making in top Bitcoin mining stocks’ fourth quarter earnings releases, according...
Bitcoin’s Computing Power Breaks Records, Pushing 862 EH/s Amid Mining Revenue Dip
On Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark...
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...
From Bitcoin to AI: Crusoe Energy Sells Mining Arm to NYDIG
Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced...
Bitdeer stock drops 28% after earnings miss
Bitdeer Technologies Group’s stock dropped by over 28% on Feb. 25 after the Bitcoin miner reported lower-than-expected earnings and revenues...
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...
Bitcoin miner MARA touts AI plans as it posts record earnings in Q4
Bitcoin mining firm MARA Holdings said it is now looking to capitalize on the “second wave” of AI as it...
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...
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...
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...
Bitcoin miner CleanSpark to join S&P SmallCap 600 Index
Bitcoin miner CleanSpark will join an important benchmark for US small-cap stocks, underscoring the company’s recent string of profitability despite...
Bitcoin’s Hashrate Bounces Back: Miners Power Through Revenue Dip
Bitcoin’s hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to...
