Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in years. According to a recent breakdown, hash revenue for large public miners has fallen from […]
Bitcoin (BTC) clawed back from $86,286 on Dec. 2 to $93,324 as of press time, up by 8%, while the Trump family’s American Bitcoin (ABTC) shares tumbled. The BTC price increase can be attributed to […]
Shares in IREN recovered on Wednesday after the Bitcoin miner said it would raise $3.6 billion through a combination of share sales and a convertible debt offering as it races to deploy computers to meet […]
Bitcoin mining and hardware maker Canaan has entered into a partnership to co-develop a renewable-energy adaptive Bitcoin mining platform, expanding its focus on green energy as the industry seeks sustainable ways to meet its power […]
The US government has opened a security review into Bitmain, the Beijing-based manufacturer that sells most of the world’s Bitcoin mining rigs. A months-long federal investigation, known internally as Operation Red Sunset, has been probing […]
The Bitcoin (BTC) mining difficulty is projected to increase during the next difficulty adjustment scheduled for December 11, as hashprice, a critical metric that measures expected miner profitability per unit of computing power, sits at […]
For two centuries, factories chased cheap hands and dense ports. Today, miners roll into windy plateaus and hydro spillways, asking a simpler question: where are the cheapest wasted watts? When computing can move to energy […]
Greenidge Generation Holdings, a Bitcoin (BTC) mining company, disclosed that a fire broke out at its mining facility in Dresden, New York, where it co-hosts operations with mining company NYDIG. The fire broke out on […]
Bitcoin’s hashrate is near record levels, yet miner revenue per unit of compute has fallen to record lows, pushing the network into a ‘high-security, low-profitability’ phase. While the network’s hashrate has pinned itself above the […]
United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue […]
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