900 EH/s and Counting: Bitcoin Network Power Reaches Unprecedented Heights
Bitcoin’s hashrate has soared to unprecedented heights, hitting an astonishing 900 exahash per second (EH/s) as of April 6. 900...
Mining
Mining Difficulty Rises 6.81% as Bitcoin Hashrate Hits Record High
Bitcoin’s hashrate reached a lifetime peak on April 5, climbing to 883 exahash per second (EH/s), a gain of approximately...
Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Progress
Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations...
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...
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...
Bitcoin Mining Made Predictable: Soluna, Luxor Streamline Bitmine’s Growth
Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational...
Bitcoin’s Computing Power Breaks Information, 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-Pleasant 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 Effectivity, 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...
Report: Belarus Eyes Cryptocurrency Mining to Harness Nuclear Surplus
Belarus is reportedly exploring cryptocurrency mining using surplus nuclear energy, following economic strategies pioneered by nations like Bhutan, according to...
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 Evaluation: 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...
