Bitcoin mining yield at Luxor depends on delivery
Luxor, a Bitcoin mining derivatives provider, reported a 6–13% annualized Bitcoin financing spread in its September lookback, published Oct. 9....
Mining
Bitcoin miners escape months of distress as daily revenue surges by 78%
Bitcoin miners are emerging from months of financial pressure as rising BTC prices lift daily industry revenue by 78%.According to...
Fortitude Bets Up to $100 Million on Bitmain Zcash Mining Hardware
Key TakeawaysFortitude signed for up to $100M of Bitmain zcash miners, with shipments targeted for Q2 2027.The deal signals a...
3 countries control 66% of Bitcoin mining, but 1 rival is gaining
Bitcoin's estimated US mining footprint shrank as Russia's grew, with little change in top-three country concentration.Hashrate Index's Oct. 5 country...
Bitcoin Miners Bank Strong September as Difficulty Barely Budges
Key TakeawaysBitcoin difficulty dipped just 0.03% to 132.72 trillion at block 969696.September delivered bitcoin miners $1.12 billion, the best month...
$1.5 Billion in Hardware Behind the AI Pivot
This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute,...
Hut 8 locks in $1B credit line, but faces 40% liquidity rules
Bitcoin miner Hut 8 announced on Sept. 28 that it had closed a four-year, $1 billion senior secured credit line.The...
Riot Repays Coinbase Loan, Ends $200 Million Bitcoin-Backed Facility
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The...
Kazakhstan Turns to Flare Gas to Power Crypto Mining Revival
Key TakeawaysKazakhstan allows miners to use flared gas, tapping up to 1.3TWh of cheap power for crypto operations.Oil companies can...
Bitcoin Miner Hive Escalates Swedish VAT Dispute to European Commission
Key TakeawaysSweden reclassified Hive’s datacenter services as self-mining, retroactively denying input VAT recovery.Hive argues it provides taxable compute power, meaning...
Bitcoin mining economics improve as BTC price rises
Bitcoin’s post-retarget relief for miners was real, but narrow.Using a BTC price of $84,751, the completed difficulty increase and the...
Bitcoin mining vardiff can strand slowed miners
Some Bitcoin mining vardiff (variable difficulty) controllers can keep demanding work calibrated for a machine's former speed after it cuts...
Deep in Mexico’s Jungle, Police Found 300 Crypto Miners Humming
Key TakeawaysTlaola police followed strange noises and power use and found 300 GPU miners humming away deep in Puebla’s jungle.Reuters...
Grayscale Says Rewards Beat Bitcoin 2x
Key TakeawaysGrayscale estimates Zcash rewards at twice Bitcoin’s daily rewards per rig.Zcash mining activity has increased more than 2.5 times...
Bitcoin mining faces a squeeze: the $82,900 price hurdle
Bitcoin’s August price recovery coincided with a sharp improvement in mining revenue, but the network is preparing to reclaim part...
Bitcoin Miner Bitdeer Adds 65.1MW for Nvidia AI as Pipeline Hits $7B
Key TakeawaysBitdeer added 65.1 MW in Malaysia, lifting secured AI Cloud capacity to 206.5 MW.The shift shows bitcoin miners chasing...
Bitcoin miners have amassed $100 billion of AI deals, but almost none of the revenue exists yet
Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue.More than...
Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Key TakeawaysEthiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used...
Bitcoin’s mining recovery could destroy itself
Mining services firm Luxor estimates that about 235 exahashes per second (EH/s) of capacity in specialized Bitcoin mining machines is...
A New Scoreboard in AI Power Arms Race
This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute,...
Canaan revenue misses guidance; 1,117 BTC pledged in Q2
Canaan, the Bitcoin mining-equipment maker, reported second-quarter 2026 revenue below its earlier guidance on Sept. 8, as weaker machine demand...
Solo Bitcoin Miner Hits $244K Jackpot After Nearly 40-Day Drought
Key TakeawaysBraiins Solo landed block 966351, handing one miner the full 3.147 BTC reward.Foundry and Antpool face a rare solo...
