Mining hardware producer Canaan won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for a project designed to help stabilize Japan’s electric grid. According to a Thursday announcement, the […]
Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin miners to reconsider their business model. Instead of waiting for fee markets to rescue margins, […]
Bitcoin (BTC) miners have raised $11 billion in convertible debt — corporate debt that is convertible to stocks — over the last year, amid a pivot into artificial intelligence data centers. Miners completed 18 convertible […]
Brazilian solar power producer Thopen is exploring a move into Bitcoin mining to absorb surplus energy generated by the country’s fast-growing renewable sector, the company’s CEO told local outlet BN Americas. Gustavo Ribeiro, who is […]
American Bitcoin, the mining and treasury company co-founded by Eric Trump and Donald Trump Jr., added more than 1,400 Bitcoin to its holdings. According to a Monday announcement, American Bitcoin acquired 1,414 Bitcoin (BTC) for […]
Bitcoin, the world’s largest and oldest blockchain, is confronting an existential question of how much data should live on its ledger. A new proposal, Bitcoin Improvement Proposal 444 (BIP-444), seeks to roll back a recent […]
The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field following the 2024 halving. According […]
A solo Bitcoin miner has become the latest lucky person to win the “Bitcoin mining lottery,” pocketing a $347,455 block reward. Bitcoin node infrastructure company Umbrel said the solo miner won the block via the […]
Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence. CleanSpark, the fifth-largest Bitcoin (BTC) mining company by market capitalization, announced a new strategy […]
The government of British Columbia is banning new crypto mining connections to the hydro power grid, citing unprecedented electricity demand. In a statement on Monday, the British Columbia (BC) government announced a set of new […]
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