Tether Finally Winds Down Mining Operations in Uruguay
Tether, one of the largest cryptocurrency companies, has finally confirmed its exit from Uruguay after a breakdown in its negotiations...
Mining
Bitcoin mining resilience hides an industry in distress
Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the...
US Probes Bitmain ASICs for National Security Risks: Report
The leading Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, which is based in China, is reportedly under investigation in...
ZEC’s 125% Monthly Jump Fuels Miner Revenue and Pushes Zcash Hashrate to Record Highs
According to the latest metrics, mining bitcoin has officially climbed into the runner-up spot for proof-of-work (PoW) profits, landing just...
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...
Solo Bitcoin Miner Wins $266K After Beating Huge Odds
A solo Bitcoin miner hit the jackpot on Friday, earning 3.146 BTC, worth roughly $266,000, after solving block 924,569 with...
Miners Face a Profit Crunch With Bitcoin Prices Down and Hashprice Reaching Record Lows
With bitcoin down more than 20% this month — marking its harshest monthly showing since 2022 — the network’s hashprice...
Lower your power bill with Bitcoin
Power markets are starting to price Bitcoin mining that can switch on and off as a grid service.Curtailment remains elevated...
Canaan Q3 Revenue Doubles From Strong Mining Demand
Shares in Canaan surged on Tuesday after the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year,...
Bitcoin Hashprice Hits Record Low as Miners Grapple With Shrinking Margins
Bitcoin’s price has taken a hefty knock this week, dragging mining revenue down with it as the price per petahash...
1M coins left to mine as Bitcoin enters ‘5% era’ — miners say the most dangerous part is only beginning
Bitcoin crossed a watershed moment in its monetary history on Nov. 17, surpassing 19.95 million mined coins and pushing the...
Bitcoin Isn’t a Magical Anarcho-Capitalist Swiss Army Knife
Bitcoin may not be as resilient to network attacks as most think, according to Bitcoin pioneer Nick Szabo, who argues...
Bitfarms to Wind Down Bitcoin Mining Operations, Announces AI Pivot
Bitfarms’ CEO Ben Gagnon announced that the company was focused on abandoning the bitcoin mining business and converting its sites...
70% of top Bitcoin miners are already using AI income to survive bear market
Seven of the top ten miners by hashrate report AI or high-performance computing initiatives already generating revenue, with the other...
Another Difficulty Cut Hits Bitcoin — Miners Grab a Rare Moment of Relief
At block height 923328, the Bitcoin blockchain logged its 23rd difficulty adjustment of the year, marking the seventh downward shift...
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...
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...
Bitcoin Mining Stocks Slip While Hashprice Hits 7-Month Low
Bitcoin mining stocks limped into the weekend after bitcoin’s 7.8% weekly dip to $101,827 sent hashprice to its lowest point...
Bitcoin is getting too expensive to mine profitably: What breaks first?
With the spotlight this cycle fixed on corporate Bitcoin treasuries, ETF inflows, and shifting global liquidity, Bitcoin’s miners have become...
