Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot – Mining Bitcoin News
Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans....
Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans....
Key Takeaways: Bitcoin difficulty rose 3.87% at block 943488 as hashrate fell 60.45 EH/s; a 15.73% cut is projected. Miners...
A solo Bitcoin miner secured a roughly $210,000 block reward on Thursday, proving that the so-called “mining lottery” is still...
Riot Platforms Q1 2026 Update The Texas-based bitcoin miner and data center developer (Nasdaq: RIOT) sold more than 2.5 times...
Soluna Holdings, a publicly traded Bitcoin (BTC) mining and AI infrastructure company focused on renewable energy, announced on Thursday that...
U.S.-Listed Bitcoin Miner Cango Closes $75M Financing Round for AI Expansion The $65 million equity placement was purchased by entities...
Bitcoin mining economics are tightening to levels that are pushing a portion of the global fleet below profitability, according to...
Hashprice Falls 6.65% in Three Days As of Saturday, March 28, the network is running at 1.02 ZH/s, or 1,022...
A California federal judge has certified an investor class in a securities lawsuit accusing Nvidia and CEO Jensen Huang of...
AI Boom Reshapes Bitcoin Mining Sector, Coinshares Report Shows According to the latest bitcoin mining analysis, Q4 2025 marked one...
MARA Holdings sold more than $1 billion of Bitcoin in March to repurchase convertible debt at a discount, using its...
MicroBT has rolled out two new hydro-cooled bitcoin mining rigs aimed squarely at industrial operators, pairing higher hashrates with tighter...
Bitcoin’s miners just got hit with a one-two punch—price slipping under $71,000 and network difficulty preparing to ease up like...
Bitcoin’s mining difficulty fell by around 7.7% at the latest adjustment on March 20 to 133.79 trillion at block 941,472,...
As projections anticipated, Bitcoin’s difficulty adjusted downward at block height 941472, falling 7.76% and easing the path for miners to...
The bitcoin mining industry is undergoing a significant transformation as it matures into more institutional structures. Nima Beni of Bitlease...
Bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing...
Cango Inc.’s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million...
Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies....
Bitcoin’s hashrate has slipped beneath the 1 zettahash per second (ZH/s) mark as miner income remains painfully thin, with the...
Over the past decade, bitcoin mining thrived on predicting price surges after halvings. However, a new report by Wintermute indicates...
Many Bitcoin miners are struggling to turn a profit this market cycle due to diminishing returns, so they may need...