Why Bitcoin Miners Are Shutting Down Rigs in 2025
Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in...
Mining
IREN Rolls out Massive Convertible Bond Offering to Retire Older Debt
IREN Limited is stacking up fresh financing, pricing a twin convertible-notes offering and a concurrent share sale expected to top...
American Bitcoin plunged 50% during a crypto rally, exposing a fatal flaw in the “Trump proxy” trade
Bitcoin (BTC) clawed back from $86,286 on Dec. 2 to $93,324 as of press time, up by 8%, while the...
IREN Shares Recover Following Decline Induced by $3.6B Raise
Shares in IREN recovered on Wednesday after the Bitcoin miner said it would raise $3.6 billion through a combination of...
Bitcoin Hashrate Holds Firm Above 1 ZH/s Following a Painful Few Weeks for Miners
Bitcoin miners are finally catching a breather as hashprice lifts off the basement floor after hitting punishing lows just days...
A US crackdown on Bitmain will leave miners scrambling as repair lines and deliveries seize up
The US government has opened a security review into Bitmain, the Beijing-based manufacturer that sells most of the world’s Bitcoin...
Canaan Partners with SynVista to Create Renewable Mining Rig
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding...
Bitcoin Miners Dealt With a Brutal November as Monthly Revenue Taps Fourth-Lowest of 2025
Bitcoin miners trudged through November, with data showing it was the fourth least profitable month of 2025. Mining pools processed...
Bitcoin mining resilience hides an industry in distress
Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the...
A Green Wave Hits Publicly Traded Bitcoin Miners as AI Money and Market Heat Collide
On Friday — and over the past week — publicly traded bitcoin miners shrugged off the prior week’s funk and...
Bitcoin is redrawing where cities and data centers rise as it competes for wasted energy, not cheap labor
For two centuries, factories chased cheap hands and dense ports. Today, miners roll into windy plateaus and hydro spillways, asking...
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,...
ZEC’s 125% Monthly Jump Fuels Miner Revenue and Pushes Zcash Hashrate to Record Highs
According to the latest metrics, mining bitcoin has officially climbed into the runner-up spot for proof-of-work (PoW) profits, landing just...
Are miners about to sell more Bitcoin? MARA’s record quarter says maybe
Marathon’s third-quarter filing carried a quiet but definitive policy change, in which the company stated that it will now sell...
Solo Bitcoin Miner Wins $266K After Beating Huge Odds
A solo Bitcoin miner hit the jackpot on Friday, earning 3.146 BTC, worth roughly $266,000, after solving block 924,569 with...
Bitcoin Hashprice Falls to Record Low as Network Hashrate Shows Early Signs of Pullback
Bitcoin’s hashprice has fallen to a new all-time low below $35 per petahash per second (PH/s), hit by the combination...
Lower your power bill with Bitcoin
Power markets are starting to price Bitcoin mining that can switch on and off as a grid service.Curtailment remains elevated...
US Probes Bitmain ASICs for National Security Risks: Report
The leading Bitcoin mining application-specific integrated circuit (ASIC) manufacturer, Bitmain, which is based in China, is reportedly under investigation in...
Malaysia’s National Power Company Loses Over $1.1 Billion to Illegal Crypto Mining
Malaysia’s national utility firm Tenaga Nasional Bhd (TNB) lost over $1.11 billion to illegal electricity use by crypto miners between...
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...
TeraWulf Eyes 250-500 MW of New HPC Signings Annually
$WULF targets 250-500 MW of new HPC signings each year, and still plans to mine Bitcoin through at least the...
