US Senator Goes Full Bull on Bitcoin Mining With FLARE Act
A powerful new federal bill offers full tax expensing to crypto miners capturing flared gas, turning wasted energy into bitcoin-fueled grid dominance. FLARE Act Sets the Stage for US Energy…
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Bitcoin Miners Grapple With $20M March Earnings Dip as Hashprice Swings
March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily yield of 1 petahash per second (PH/s)—diminished by 3.93% from…
Trump Sons Take 20% Stake in US Mining Venture With 61,000 ASIC Rigs and Big Ambitions
Eric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on a financial foray into the realm of cryptocurrency, channeling capital into a bitcoin mining operation,…
Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025
Within the realm of bitcoin mining, a wave of advanced machinery has elevated performance to unprecedented heights over the past year. While industry titans such as Bitmain continue to dominate,…
MARA Holdings to Sell $2 Billion in Stock for Bitcoin Purchases
MARA Holdings, Inc. has announced a $2 billion at-the-market stock offering, with plans to use the proceeds primarily to acquire additional bitcoin and for general corporate purposes. MARA Targets Bitcoin…
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 volatility and equipment…
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…
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…
Canaan Advances North American Mining Strategy via New Agreements
Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power.…
From Bitcoin to AI: Crusoe Energy Sells Mining Arm to NYDIG
Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. NYDIG Expands Bitcoin Mining Footprint with Crusoe Acquisition…
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