Canaan Q3 Revenue Doubles From Strong Mining Demand
Shares in Canaan surged on Tuesday after the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year,...
Mining
Bitcoin Hashprice Hits Record Low as Miners Grapple With Shrinking Margins
Bitcoin’s price has taken a hefty knock this week, dragging mining revenue down with it as the price per petahash...
HIVE Shares Climb as Crypto Miner Reports Record Quarter
Bitcoin miner HIVE Digital Technologies rose after reporting record revenue for its most recent quarter, adding to the sector’s wins...
TeraWulf Eyes 250-500 MW of New HPC Signings Annually
$WULF targets 250-500 MW of new HPC signings each year, and still plans to mine Bitcoin through at least the...
Bitfarms to Shutter Bitcoin Mining in Pivot to AI
Bitfarms’ stock has plunged after the company announced it would be shuttering its Bitcoin mining operations over the next two...
Another Difficulty Cut Hits Bitcoin — Miners Grab a Rare Moment of Relief
At block height 923328, the Bitcoin blockchain logged its 23rd difficulty adjustment of the year, marking the seventh downward shift...
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...
BitFuFu Doubles Q3 Revenue as Cloud Mining Demand Surges
Singapore-based cloud Bitcoin miner BitFuFu doubled its third-quarter revenue from the previous year, driven by demand for cloud mining and...
Under 10 Joules per Terahash: Auradine Unleashes High-Efficiency Teraflux Miners With 50% Power Boost
Auradine is raising eyebrows across the mining industry with its latest Teraflux bitcoin mining systems—machines claiming a 50% efficiency boost...
CleanSpark To Raise $1.1B For BTC mining, AI Data Center Expansion
Nasdaq-listed Bitcoin mining company CleanSpark is raising capital to expand its mining and data center operations, as major miners pivot...
NIP Group to Generate 160 BTC Monthly After Major Infrastructure Deal
Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is...
Texans Fails to Create City to Enforce Noise Limits on Bitcoin Miner
Residents living in a small area of Hood County, Texas, have failed in their bid to become a new municipality...
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...
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...
$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push
Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division...
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...
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...
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...
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...
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....
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...
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...
