Ether Treasury Race Accelerates With $24.5B BitMine Raise, as US Debt Hits $37T: Finance Redefined
The institutional Ethereum treasury race is accelerating, as two of the biggest corporate Ether holders are raising billions of dollars...
Mining
Galaxy Digital Secures $1.4B for Helios AI Datacenter
Mike Novogratz’s Galaxy Digital closed a $1.4 billion secured term loan facility to accelerate the development of its Helios artificial...
AI power crunch may lead to more institutional investment in Bitcoin Mining
Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger...
American Bitcoin Orders Bitmain Mining Rigs Amid Trade Tensions
American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to...
Block Inc. Unveils Long-Life Bitcoin Mining System
Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs...
TeraWulf Lands $3.7B Google-Backed AI Hosting Deal, Shares Surge
TeraWulf has become the latest cryptocurrency miner to pivot into AI infrastructure hosting, reaching a long-term agreement with Fluidstack that’s...
Trump Jr.-Tied Firm Gets $50M for Crypto Buys, Mining Rigs
Thumzup Media Corporation, a social media marketing-turned-crypto-buying firm, plans to boost its crypto holdings and get into crypto mining after...
Soluna’s Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment
Galaxy Digital will deploy 48 megawatts (MW) of its bitcoin mining equipment at Soluna Holdings’ Project Kati 1 site in...
HashFlare Founders Given Time Served For Crypto Ponzi
The founders of HashFlare, a crypto mining company behind a $577 million Ponzi scheme, have escaped additional jail time after...
Bitcoin Hashrate Cools After Record as Difficulty Bites
Four days ago, Bitcoin’s hashrate hit an all-time high of 976 exahash per second (EH/s), but it has since cooled,...
Monero Sees Hiccups as Qubic Likely Succeds in 51% Attack
The privacy-focused cryptocurrency Monero has suffered a major disruption, with 60 mined blocks discarded from its blockchain in the past...
Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down
Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining...
Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million
Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires...
Rumble Mulls €1B Northern Data Takeover as Peak Mining Set for $235M Sale
Rumble Inc. (Nasdaq: RUM), the $2 billion video-sharing and cloud services provider, said it is exploring an all-stock acquisition of...
Inside the Powerhouse: The 50 Most Profitable Bitcoin Miners, Aug. 9-10, 2025
At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group...
Bitcoin Miner Cleanspark Posts Record $257M Profit, Faces $185M Tariff Dispute
In Q2 of 2025, U.S. bitcoin miner Cleanspark reported a revenue of $198.6 million, marking a 90% increase from $104.1...
Bitcoin’s Difficulty Smashes Records, Making Rewards Tougher Than Ever
The latest figures reveal Bitcoin’s difficulty rating notched its 11th increase of the year, rising 1.42% on Friday evening and...
Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even...
Canaan Exits Kazakhstan and South Texas Sites Amid Bitcoin Mining Fleet Reshuffle
Canaan has withdrawn from two of its bitcoin mining locations—Kazakhstan and an underperforming hosting site in South Texas—as part of...
UK oil company Union Jack plans to mine Bitcoin with stranded gas
Union Jack Oil, a publicly traded UK energy company, has announced plans to convert natural gas from its West Newton...
Bitcoin’s Hashrate Blasts to 970 EH/s as Mining Power Hits Insane New Record
On Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second...
HashFlare Founders Want Time Served As US Asks For 10 Years
The co-founders of the defunct crypto mining service HashFlare asked a US judge to spare them additional prison time after...
