Mining
The US Bitcoin mining industry is facing potential disruptions following President Donald Trump's recent announcement of a tax that will impose a minimum 10% tariff on all imports starting April 5. Bitcoin Mining Industry Braces for Fallout as Trump Tariffs Affect…
Canadian mining company Bitfarms has raised up to $300 million in a private loan from Australian multinational investment firm Macquarie to fund the expansion of its data center. Bitfarms has reached a preliminary agreement to secure a private credit facility of…
Hut 8 CEO Asher Genout shared his thoughts in an interview with Bloomberg about the concept behind the new US-based Bitcoin project. Speaking on Bloomberg TV with Eric Trump, Genout noted that Hut 8 is not starting from scratch with members…
The March financial results show a $20 million decline in Bitcoin miner revenue compared to February. At the same time, the hash price — the theoretical daily profit of 1 petahash per second (PH/s) — has fallen 3.93% from the benchmark…
The combined market capitalization of 14 U.S.-listed Bitcoin (BTC) miners tracked by JPMorgan (JPM) fell 25% in March, marking the third-worst monthly performance on record, the bank said on Tuesday. Only one stock, Stronghold Digital Mining (SDIG), outperformed Bitcoin (BTC) last…
Hut 8's (HUT) new subsidiary, American Bitcoin Corp., formed through a partnership between the mining company and the Trump family, could be spun off into a standalone company to focus on data center hosting, brokerage Clear Street reported in a report…
The Bitcoin mining industry is becoming increasingly competitive as the network hashrate reaches record levels. At the end of March 2025, Bitcoin's hashrate reached 850 million TH However, alongside this impressive growth, the sector faces rising production costs and new tariff…
Australian Bitcoin mining company IREN is changing its growth plans, shifting its focus from BTC mining to developing AI data centers and AI cloud services. “With our 50 EH/s capacity expansion complete, we are beginning to focus on the next phase…
Eric Trump and Donald Trump Jr. have officially joined the Bitcoin mining sector, teaming up with Hut 8 to launch a new venture called American Bitcoin, a company that aims to become the largest and most efficient mining business in the…
In the Bitcoin mining space, new technological advances have significantly increased productivity over the past year. While big players like Bitmain continue to hold the lead, newcomers like Bitdeer and Auradine are confidently entering the competitive landscape, seeking to gain prominence.…
Soluna Holdings and Luxor Technology have teamed up with Bitmine Immersion Technologies to implement a turnkey Bitcoin mining solution, tripling operational capacity while reducing risks associated with fluctuating energy prices and equipment costs. Bitmine triples mining capacity with Soluna-Luxor partnership Soluna…
Smoke from Nicaraguan cigars filled the room as a major Bitcoin miner from the Deep South described how the industry was growing rapidly. “You have no idea,” he said at this year’s Mining Disrupt pre-evening event in Fort Lauderdale, Florida, adding…