Canaan Wins Nordic Heating Bid, Turns Bitcoin Mining Waste Heat Into Residential Hot Water
Key TakeawaysCanaan Inc. won a competitive bid to deploy 8 MW of Avalon A1566HA units to a Nordic district heating...
Mining
Canaan Posts $88.7M Net Loss in Q1 2026 as Bitcoin Prices Weigh on Mining Revenue
Bitcoin miner Canaan reported a net loss of $88.7 million for the first quarter of 2026, as falling Bitcoin (BTC)...
Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year Peak
Key TakeawaysOn May 7, peak 15,579 MW demand prompted Venezuela to reiterate bitcoin mining ban measures.The ban impacts local miners,...
Gustavo Petro Warns Fossil-Fueled Crypto Mining Will Trigger ‘Climate Collapse’
Key TakeawaysColombia’s Gustavo Petro warned that fossil-fueled Bitcoin mining risks global climate collapse.Paraguay holds the 4th largest global hashrate, while...
Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance
Key TakeawaysAll ten bitcoin mining stocks tracked fell on May 15, 2026, with Bitdeer dropping the most at 9.59%.Every miner...
Miner Weekly – The Great Bitcoin Mining Power Shift: Who Won Q1?
This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute,...
TeraWulf’s AI Revenue Surges 117% but Posts $427M Loss
Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4...
Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M
Key TakeawaysMarathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin...
CleanSpark Posts $378M Fiscal Q2 Loss as Bitcoin Price Drop Bites
Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the...
Bitcoin Miner Cleanspark Posts $378M Loss in Q2
Key TakeawaysCleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings.A $224.1M non-cash Bitcoin...
Major Bitcoin Mining Pools Join Stratum V2 Collaborative Organization
Seven major Bitcoin mining pools have joined the Stratum V2 working group to develop an industry-wide open standard protocol used...
Bitcoin Mining Pool Giants Foundry, Antpool and F2pool Signal Stratum V2 Shift
Key TakeawaysAntpool, F2pool, Foundry, and 4 others joined the Stratum V2 Working Group on May 7, 2026.Stratum V2 offers miners...
Core Scientific Q1 Loss Hits $347M As Mining Revenue Falls
Core Scientific (CORZ) reported a $347.2 million first-quarter net loss as its Bitcoin self-mining revenue fell sharply and high-density colocation...
Core Scientific Buys Polaris Bitcoin Mine for $421M Oklahoma AI Power Expansion
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The...
Hut 8 Stock Surges Over 30% Following $9.8B Deal
Investors appeared to disregard Hut 8's reported first quarter 2026 net loss of more than $253 million on Wednesday, lifting...
Hut 8 Taps Falconx for $200M Facility, Drops Rate to 7% and Boosts BTC Access
Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The...
Hut 8 Secures $200M Bitcoin-Backed Credit Facility from FalconX
Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime...
Bitcoin Difficulty Falls 2.3% as Hashrate Slips Below 1 ZH/s and Block Times Slow
Key Takeaways: Bitcoin difficulty fell 2.3% on May 1, marking 6 cuts in 2026 as hashrate dipped below 1 ZH/s....
Riot Posts $167M in Q1 Revenue as Data Center Arm Pulls in $33M
Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business...
Uzbekistan President Signs Decree Establishing Specialized Crypto-Mining Hub
Key Takeaways: On April 17, 2026, the Uzbekistan President signed decree PQ-143 to launch the Besqala Mining Valley in Karakalpakstan....
From Bitcoin to AI, the Race for Power Is Going Off-Grid
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The...
Tether Picks Canaan Modules to Power Immersion Mining Sites
Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026....
