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Mining
Bitcoin Mining and Treasury Firms Falter Together as BTC Drops 4.6% on the Week
Bitcoin-exposed equities limped into the weekend with a split tape Friday as most large miners and several bitcoin treasury names finished the day lower, according to data collected by…
Russian authorities bust massive crypto farm in Irkutsk
Russian law enforcement has busted one of the country’s largest unauthorized installations for cryptocurrency mining discovered recently, seizing over a thousand mining devices. The Bitcoin farm was…
New debt-fueled era for Bitcoin miners marked by 1 zetahash milestone – Report
Bitcoin mining crossed the zetahash threshold in September as the network averaged 1.034 ZH/s, and hashprice fell below $47 per PH per second. According to a new report by The MinerMag, the step up in…
Public Mining Companies Raise Billions in Debt to Fund AI Pivot
Major public mining companies are aggressively raising billions of dollars through convertible bonds, the largest capital push since 2021. This could mark a turning point toward AI expansion, but also…
Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan
The Bitcoin network hashrate declined modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan (JPM) said in a report…
TeraWulf bets big on AI with $3.2 billion funding plan
TeraWulf wants to raise $3.2 billion for commencing the next phase of developing Lake Mariner, a hybrid data center designed to mine Bitcoin and power AI. The company will raise the funds through…
Canaan is Building Momentum, But is it a Smart Entry Now?
CAN is back above the $1 mark after trading below it for months. With a landmark 50,000-unit ASIC order and new partnerships with SLNH and Luxor, sentiment is shifting fast. So is this a smart entry…
Bitdeer Jumps 30% to All-Time High on AI Expansion
Crypto mining firm Bitdeer Technologies’ stock surged nearly 30% on Wednesday to an all-time high of $27, extending a two-day rally fueled by stronger mining output and ambitious AI data‑center plans.…
Are miners now net accumulators? Marathon adds 400 BTC after the crash
Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse three days earlier while most miners remained defensive. The…
Canaan Launches Gas-to-Computing Pilot in Canada
Ekaterina Bogatyreva Canaan Inc. (NASDAQ: CAN), a crypto mining technology company, has launched a pilot mining project in Calgary,…