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Browsing Category
Mining
BitRiver Bankruptcy Case Exposes Russia’s Bitcoin mining sector
Calvin James The biggest Bitcoin mining facility in Russia, BitRiver, has found itself in an expanding legal and financial crisis…
Here’s what Wall Street analysts are saying after IREN’s earnings miss
IREN’s (IREN) latest earnings offered a snapshot of a company mid-transition, with shares currently paying the price for that transition. The firm reported weaker-than-expected revenue and earnings as…
Miner capitulation is back as bitcoin’s $70,000 price fails to cover $87,000 production costs
Bitcoin $BTC$71,091.27 is now approximately 20% below its estimated average production cost, increasing financial pressure across the $BTC mining sector. The average cost to mine one bitcoin is…
Bitfufu’s Remarkable January: Mining 229 BTC Showcases Cloud Mining Resilience
In a significant demonstration of operational scale, Bitfufu, the prominent cloud mining platform under the Bitmain umbrella, successfully mined 229 Bitcoin ($BTC) throughout January 2025. This…
IREN bets on AI cloud in high-stakes break from Bitcoin roots
IREN Ltd., once known for mining Bitcoin, is undergoing a dramatic reinvention as an AI infrastructure provider—a transformation that will face a critical test when the company reports second-quarter…
Bitcoin Mining Enters the Zetahash Era as Profitability Tightens
Bitcoin mining crossed a historic threshold in late 2025. According to a recent report from GoMining, the network entered the zetahash era, surpassing 1 zetahash per second of computing power. But…
Publicly Traded Miners Buck the Tape as Bitcoin’s Price Wobbles
Bitcoin briefly slid to $72,863 on Bitstamp on Tuesday, but publicly traded mining stocks managed to post mixed-to-positive daily performances even as U.S. stock indexes closed firmly in the red.…
Russia’s Largest Bitcoin Miner BitRiver Enters Bankruptcy Proceedings: Report
BitRiver, Russia’s largest Bitcoin miner, is on the verge of collapse amid mounting financial and legal problems. Courts have placed its parent company, Fox Group of Companies, under observation as…
TeraWulf jumps 11% after buying power-rich Kentucky and Maryland sites
TeraWulf (WULF) rose 11% on Tuesday pre-market after news that the firm acquired two power-heavy industrial sites, more than doubling its energy and computing footprint to 2.8 gigawatts (GW). The…
Bitcoin miners get an open-source alternative as Tether launches MiningOS
Tether has released an open-source operating system for bitcoin mining, pitching it as a way to make running mining infrastructure simpler while reducing reliance on closed, vendor-controlled…