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...
Mining
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...
Bitcoin’s $7K Drop Sends Miner Revenues to April Lows
On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value...
Microsoft signs $9.7B deal with BTC miner IREN
Microsoft’s $9.7 billion contract with a Texas miner reveals the new math pushing crypto infrastructure toward AI, and what it...
Struggling Mining Industry sees $11B Boom in Convertible Debt Offerings
Bitcoin (BTC) miners have raised $11 billion in convertible debt — corporate debt that is convertible to stocks — over...
Zcash Hashrate Hits Record High as Miners Cash In on Rally
New figures reveal that mining the privacy coin zcash (ZEC) has become a serious money-maker after the digital asset’s price...
Are Bitcoin miners becoming AI utilities? The math says yes
Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin...
Canaan’s BTC Miners Load Balance Electric Grid in Japan
Mining hardware producer Canaan won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for...
Hive Digital’s Bitcoin Hashrate Hits 22 EH/s, Expands AI Cloud Data Center in Sweden
Hive Digital Technologies Ltd. has achieved a new milestone, surpassing 22 exahash per second (EH/s) in bitcoin-mining capacity while fast-tracking...
Brazilian Solar Energy Firm Thopen Considers Bitcoin Mining
Brazilian solar power producer Thopen is exploring a move into Bitcoin mining to absorb surplus energy generated by the country’s...
Canaan Launches Avalon A16 Miner Delivering 300 TH/s and 12.8 Joules per Terahash
Canaan Inc. has pulled the curtain back on its next-generation Avalon A16 series bitcoin miner, revealing the A16XP model at...
Could Bitcoin new BIP 444 proposal trigger a chain split?
Bitcoin, the world’s largest and oldest blockchain, is confronting an existential question of how much data should live on its...
Bitcoin Miners Face New Hash Wars After 2024 Halving
The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized...
Q4 Hashrate Heatmap Reveals US and China’s Exahash Expansion Powering Bitcoin’s Zettahash Push
Since the start of 2025, Bitcoin’s hashrate has kicked into high gear—rising from 801 exahash per second (EH/s) on Jan....
Solo Bitcoin Miner Snares $347K Block in Self-Sovereign Fashion
A solo Bitcoin miner has become the latest lucky person to win the “Bitcoin mining lottery,” pocketing a $347,455 block...
Bitcoin Miner Argo to Delist from London Stock Exchange Amid Debt Restructuring
Argo Blockchain, one of the earliest publicly listed bitcoin mining companies, said Tuesday it plans to delist its shares from...
