Mining
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…
Cango Inc. has pivoted from car trading to Bitcoin mining and now plans to reach 50 EH/s by early 2025. With its growing BTC reserves, Tencent as an institutional investor, and ties to Bitmain, could it be the next surprise player…
Bitcoin's computing power reached a record high of 862 exahashes per second (EH/s) on Friday, surpassing its previous high of 852 EH/s set in early February. Bitcoin's network capabilities are growing On March 28, the overall network speed increased to 862…
Bitcoin (BTC) proponents often claim that it is the most decentralized cryptocurrency, but the reality may be different. Onchain data shows that just two Bitcoin mining pools have mined more than 51% of all BTC over the past three years. This…
A solo miner who mined block 888,737 Bitcoin last week and received a reward of $266,000 in Bitcoin has shared his story with Bitcoin mining hardware developer FutureBit, whose Apollo devices helped him achieve this significant feat. The anonymous miner, who…
HC Wainwright & Co. analyst Mike Colonnes included Bitfarms shares in his list of favorite bitcoin mining stocks for 2025, highlighting significant operational improvements and a shift toward high-performance computing and artificial intelligence infrastructure. In a research note following Bitfarms' Q4…