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Browsing Category
Mining
IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers
Australia-based bitcoin miner IREN is redirecting its growth plans away from BTC mining and towards its AI data centers and AI cloud services businesses. “As we near completion of our 50 EH/s mining…
Bitcoin Hashrate Hits New High, But Will Rising Costs and Tariffs Derail Growth?
The Bitcoin mining industry is becoming increasingly competitive as the network’s hashrate reaches an all-time high (ATH). At the end of March 2025, Bitcoin’s hashrate hit 850 million TH/s. However,…
Trump’s sons join forces with Hut 8 to build ‘American Bitcoin’ — a Bitcoin mining powerhouse
Eric Trump and Donald Trump Jr. have officially entered the Bitcoin mining industry, teaming up with Hut 8 to launch ‘American Bitcoin’ — a new mining company aiming to become the world’s largest and…
Bitcoin Mining Made Predictable: Soluna, Luxor Streamline Bitmine’s Growth
Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy…
Cango Inc. 50 EH/s Power Play: Is This the Next Big Name in Bitcoin Mining?
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as an institutional investor, and Bitmain links, is this…
Bitcoin Miners See Opportunity in AI, but Also Face Challenges
As Bitcoin mining grows more competitive and challenging, industry leaders are looking to cash in on AI data centers—but it’s no easy feat. At the Mining Disrupt conference in Fort Lauderdale,…
Bitfarms stock is ‘undervalued’ as firm pivots to AI and energy: analyst
H.C. Wainwright & Co. analyst Mike Colonnese has added Bitfarms stock to the firm’s top picks in the Bitcoin mining sector for 2025, citing strong operational improvements and a shift toward…
Bitcoin’s Computing Power Breaks Records, Pushing 862 EH/s Amid Mining Revenue Dip
On Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark of 852 EH/s set when February kicked off. Bitcoin’s Network Muscle…
Centralization alert: Two Bitcoin mining pools mined over 51% of all BTC in the last 3 years
Bitcoin (BTC) is often praised as the most decentralized cryptocurrency by its supporters, but the truth could be something else. Onchain data shows that only two Bitcoin mining pools mined over 51%…
How a Solo Bitcoin Miner Beat the Odds and Banked $266K
The solo miner of Bitcoin block 888,737—won last week with a $266,000 BTC reward—shared their story with Bitcoin mining hardware creator FutureBit, whose Apollo miners helped lead to the sizable…