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...
Mining
1M coins left to mine as Bitcoin enters ‘5% era’ — miners say the most dangerous part is only beginning
Bitcoin crossed a watershed moment in its monetary history on Nov. 17, surpassing 19.95 million mined coins and pushing the...
Bitcoin Isn’t a Magical Anarcho-Capitalist Swiss Army Knife
Bitcoin may not be as resilient to network attacks as most think, according to Bitcoin pioneer Nick Szabo, who argues...
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...
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...
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...
Who decides what’s in the next Bitcoin block without MEV?
In crypto, MEV typically refers to bots and searchers on chains like Ethereum reordering, inserting, or censoring transactions around DEX...
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...
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...
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 hashprice sinks to 2-year low as AI pivots split miners
Record difficulty and declining on-chain fees have dragged Bitcoin mining profitability to a two-year low, creating a widening divide between...
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...
MARA Sues to Block Texas County Vote Creating Town Around Its Bitcoin Mine
Bitcoin mining giant MARA has filed a federal lawsuit seeking to block a planned Nov. 4 local election in Hood...
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...
Bitcoin Miners Feel the Heat After 6.31% Difficulty Jump and Falling Hashprice
Bitcoin miners just got hit with a hefty 6.31% bump in difficulty this week, pushing the rating to a hefty...
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...
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...
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...
