Bitcoin Miners Grapple With $20M March Earnings Dip as Hashprice Swings
March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily...
Mining
Trump Sons Take 20% Stake in US Mining Venture With 61,000 ASIC Rigs and Big Ambitions
Eric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on a financial foray into the...
Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025
Within the realm of bitcoin mining, a wave of advanced machinery has elevated performance to unprecedented heights over the past...
Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a...
Bitcoin’s Computing Power Breaks Records, Pushing 862 EH/s Amid Mining Revenue Dip
On Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark...
Canaan Advances North American Mining Strategy via New Agreements
Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding...
Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days,...
Report: Pakistan to Unveil Crypto-Friendly Electricity Tariffs to Lure Miners
Pakistan is reportedly planning to develop a specialized electricity tariff regime for crypto mining and blockchain-based data centers. Pakistan Crypto...
Foundry, Antpool, and Viabtc Dominate Bitcoin Mining: Here’s Why
Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through...
Bitcoin Miner Bitfarms Completes Acquisition of Stronghold Digital Mining
Bitfarms Ltd. has finalized its acquisition of Stronghold Digital Mining, Inc., marking an expansion of its U.S. operations and energy...
Hive Digital Doubles Down on Paraguay Bitcoin Mining Expansion
“Hive Digital Chairman Frank Holmes stated that the company expects to expand its capacity by over 400% with its initiatives...
Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B
According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000...
Bitdeer’s Bitcoin Mining Chip Achieves 9.7 J/TH Efficiency, A3 Mass Production Slated for Late 2025
Bitdeer Technologies Group announced its SEAL03 wafer achieved a record 9.7 joules per terahash (J/TH) efficiency during testing, while confirming...
Bitcoin Hashprice Tumbles as Miners Brace for Tougher March
Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash...
US Loosens Grip on Seized Bitcoin Mining Rigs, but Many Remain Confiscated
U.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are...
HIVE Digital Targets 4x Hash Rate Growth & $100M HPC Revenue – Will It Take Off in 2025?
HIVE Digital plans to grow its hash rate 4x by September 2025, potentially placing it among the top 10 public...
CleanSpark Fiscal Q1 2025 Earnings Analysis: Strong Execution, But Stock Showed Little Reaction
CleanSpark delivered an outstanding financial quarter, but its market performance didn’t reflect the same strength. This analysis breaks down key...
As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with...
Bitcoin Miner MARA Sees Revenue Soar 69% in 2024
MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in...
Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target
Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware...
Russian Bitcoin Mining Ban Yielding Results in Siberia
The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding...
MARA Holdings Acquires Texas Wind Farm to Power Bitcoin Mining
Bitcoin miner MARA Holdings Inc. acquired wind farm in Hansford County, Texas, to power its operations with renewable energy, reduce...
