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...
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...
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...
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...
70% of top Bitcoin miners are already using AI income to survive bear market
Seven of the top ten miners by hashrate report AI or high-performance computing initiatives already generating revenue, with the other...
Ethereum Treasury Company Appoints New CEO Amid Buying Spree
BitMine Immersion Technologies has overhauled its leadership as it continues to amass one of the largest Ether treasuries across publicly...
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...
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...
Cleanspark Rolls out $1 Billion Convertible Note Plan for Expansion
Cleanspark announced plans to offer $1 billion in convertible senior notes due 2032, with an additional $200 million option for...
Does Bitcoin use MEV to order your transactions like DeFi?
In crypto, MEV typically refers to bots and searchers on chains like Ethereum reordering, inserting, or censoring transactions around DEX...
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...
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...
$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...
Microsoft signs $9.7B deal with BTC miner IREN
Microsoft’s $9.7 billion contract with a Texas miner reveals the new math pushing crypto infrastructure toward AI, and what it...
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...
Ride the Bitcoin Bull Without Leverage or Derivatives, Just Miners
Want to amplify Bitcoin’s upside without touching leverage or derivatives? ETFs like $WGMI, $MNRS, and $NODE offer a compelling way...
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...
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...
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...
Could Bitcoin new BIP 444 proposal trigger a chain split?
Bitcoin, the world’s largest and oldest blockchain, is confronting an existential question of how much data should live on its...
