Bitcoin Hashrate Revs up 88 EH/S Since the Low as Miners Race Toward Profitability
Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to...
Mining
What Happened to Bitcoin Miners That Pivoted to AI?
Bitcoin miners turned to the rising AI trend ahead of the 2024 halving, which cut block rewards to 3.125 Bitcoin...
Is Bitcoin’s Sell-off Driven By Dormant BTC Wallet Activity?
Key takeaways:Despite $1 billion in spot BTC ETF inflows, Bitcoin fell 2.8% as the market digested a multibillion-dollar 2011-era wallet...
Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil
decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This...
Riot Platform’s Power Strategy Boosts Credits Amid Production Decline
In June, Riot Platforms mined 450 bitcoin, a 12% decrease from May’s 514 BTC, with daily production averaging 15 BTC...
Summer Curtailments Slash Bitcoin Production for US Miners Amid Grid Pressures
The summer heat is taking a toll on U.S.-based Bitcoin mining operations, with multiple public miners reporting lower realized hashrates...
Bitcoin Mining Stocks Rally as Strong Jobs Data Lifts Market, Supports Soft-Landing Outlook
Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a...
IMF Rejects Pakistan’s Crypto Mining Power Subsidy Plan
Pakistan’s plan to use surplus electricity for crypto mining has hit a roadblock after the International Monetary Fund (IMF) reportedly...
Hut 8 Secures Major Power Contracts in Canada
Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with...
US Senate Passes Trump’s Budget Bill Without Provision On Crypto Taxes
Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized...
Bitcoin Hashprice Nears 5-Month High After Record Difficulty Drop Since China Ban
Bitcoin’s hashprice has surged to its highest level since early February, rising above $58.5/PH/s following a 7.4% decline in network...
Bitcoin Miners’ Income Sinks to Yearly Low, Cryptoquant Research Finds
Bitcoin miners are earning the least they have in a year, yet most still largely refuse to part with their...
Cango Finalizes 18 EH/s Mining Acquisition, Surpasses 50 EH/s as Antalpha Ties Deepen
Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha,...
How Russian miners built a mobile crypto farm and got busted
What is crypto mining on wheels, and how did Russian authorities discover it? A mobile cryptocurrency mining operation involves installing...
Bit Digital Stock Falls 15% as Firm Pivots to Ethereum and Launches $150M Offering
Former Bitcoin mining firm Bit Digital fell sharply this week, with its share price tumbling nearly 19% in a five-day...
Bitcoin Crash To $100K Likely Due To Tariffs, War And Weather
Key takeaways:Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains.Bit Digital’s pivot to...
CoreWeave in Talks to Acquire Core Scientific After Rejected $1B Bid
CoreWeave — once a cryptocurrency miner and now a rising AI infrastructure provider — is reportedly in acquisition talks with...
$20B Bitcoin Options Expiry Set To Benefit BTC Bulls
Bitcoin (BTC) traders are closely watching the $20 billion monthly options expiry set for June 27. Although Bitcoin is down...
Bitcoin Hashrate Posts Steepest Three-Year Drop Amid Global Pressures
Bitcoin’s hashrate saw its most dramatic fall of the last three years between June 15 and Tuesday, according to Blockchain.com...
Panther Metals Launches Bitcoin Treasury For Zine Mine Finance
Mineral exploration company Panther Metals Plc has announced a Bitcoin treasury strategy combining traditional mining assets with Bitcoin holdings, leading...
Canaan Completes US ASIC Pilot, Exits AI Chip Business
Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its...
HIVE Acquires 7.2MW Toronto Data Center to Expand AI Infrastructure
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research...
