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Grayscale Research reports that Zcash mining has become more profitable per machine and power unit than Bitcoin mining due to ZEC's recent surge. However, hardware differences prevent SHA-256 Bitcoin…
HIVE Digital appointed Mark Volk as Senior Vice President of Revenue at BUZZ HPC to drive its AI cloud expansion. BUZZ HPC has secured over $600 million in GPU cloud contracts year-to-date, as HIVE p…
Bitcoin network hashrate dropped 15% to 21% as miners increasingly repurpose energy infrastructure for lucrative AI data center contracts. While miners secure billions in non-crypto revenue, the drop…
U.S. Bitcoin miners are increasingly shifting power capacity to AI data centers due to poor mining economics. Total network computing power has dropped 18% from recent peaks, causing U.S. mining pool…
Canaan reported Q2 revenue of $32 million, missing guidance, and projected Q3 revenue to drop to $11–$15 million amid weak mining economics and high hardware inventories. The company liquidated its e…
Canaan reported a wider Q2 loss of $97.6 million with revenue dropping 68% to $31.9 million. The company cited challenging bitcoin mining economics, reduced demand for computing power, and lower aver…
Hut 8 subsidiary American Bitcoin Corp. reactivated its Drumheller, Alberta mining site, adding 3.05 EH/s of computing power with 11,298 new ASIC miners. The 42 MW facility brings the company's opera…
Tether acquired a $600 million controlling stake in South American agribusiness Adecoagro, adding farmland to reserves containing Bitcoin and gold. Tether intends to utilize renewable energy for Bitc…
Major Bitcoin miners have halted selling and switched to holding mode after funding their shift into AI infrastructure. On-chain data reveals the Miner Position Index plunged to -1.2, drying up miner…
An unauthorized Bitcoin mining facility in El Reno, Oklahoma, was condemned after leaking up to 3.8 million gallons of water during a drought. The incident caused citywide water shortages, highlighti…
Eric Trump announced American Bitcoin Corp holds 8,300 Bitcoin, operating nearly 90,000 miners at 50% gross margins. Despite reporting record quarterly production and rapid treasury expansion, compan…
Bitcoin miners increasingly pivot toward AI and HPC infrastructure as high power costs compress self-mining margins. Firms like Core Scientific and TeraWulf report higher profitability in data-center…
Bitcoin hashrate and mining difficulty have declined as major operators pivot grid capacity toward high-margin AI and cloud computing. While competition for premium power forces traditional mining si…
Luke Dashjr accused major exchanges of selling 'fake bitcoins' following a hard fork that split his BLAKE2b chain from Bitcoin. However, miners, major exchanges, and traders completely rejected the f…
Stanley Druckenmiller's family office invested $125.6 million into Bitcoin mining stocks in Q2, rotating out of select AI chipmakers. While miner equities dropped over 20% on paper, Bitcoin rallied r…
A Bitcoin miner reported fleet restructuring losses and lower production as it pivots toward AI infrastructure and GPU colocation. The firm implemented Bitcoin hedging strategies, lowered average min…
Morgan Stanley highlights that Bitcoin miners are well-positioned against political backlashes halting new AI data center construction. Because miners already possess approved grid connections, their…
Tether has abandoned an estimated $120 million Bitcoin mining project in Uruguay following a power contract dispute with state utility UTE. Despite halting operations and laying off local staff, Teth…
Olenox Industries reported July 2026 Bitcoin production of approximately 15.13 BTC with an operational hashrate of 1.02 EH/s. The company utilized 64% fleet capacity due to planned summer curtailment…
Public bitcoin miners CleanSpark, BitFuFu, and Canaan reported declining July bitcoin production for the second straight month. Despite lower mining output, Bitcoin's price recovered above $62,800 in…