Bitcoin’s $7K Drop Sends Miner Revenues to April Lows
On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right…
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NIP Group to Generate 160 BTC Monthly After Major Infrastructure Deal
Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month. NIP Group Scales…
Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center
Cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads, marking one of…
MARA Sues to Block Texas County Vote Creating Town Around Its Bitcoin Mine
Bitcoin mining giant MARA has filed a federal lawsuit seeking to block a planned Nov. 4 local election in Hood County, Texas, alleging that county officials unlawfully placed a municipal…
Ride the Bitcoin Bull Without Leverage or Derivatives, Just Miners
Want to amplify Bitcoin’s upside without touching leverage or derivatives? ETFs like $WGMI, $MNRS, and $NODE offer a compelling way to ride the cycle, with built-in diversification and exposure to…
Zcash Hashrate Hits Record High as Miners Cash In on Rally
New figures reveal that mining the privacy coin zcash (ZEC) has become a serious money-maker after the digital asset’s price rocketed more than 200% this month. The rally lit a…
Canaan’s 4.5 MW Bitcoin Mining Servers Aim to Stabilize Japan’s Power Grid
Canaan revealed it has inked a 4.5-megawatt deal to deploy its Avalon A1566HA hydro-cooled mining servers in Japan to help balance and stabilize the nation’s power grid. Canaan’s Avalon Systems…
Bitcoin Miners Feel the Heat After 6.31% Difficulty Jump and Falling Hashprice
Bitcoin miners just got hit with a hefty 6.31% bump in difficulty this week, pushing the rating to a hefty 155.97 trillion. Even so, miners kept the hashrate roaring above…
Canaan Launches Avalon A16 Miner Delivering 300 TH/s and 12.8 Joules per Terahash
Canaan Inc. has pulled the curtain back on its next-generation Avalon A16 series bitcoin miner, revealing the A16XP model at the Blockchain Life 2025 summit in Dubai. The new ASIC-powered…
American Bitcoin Reports 3,865 BTC in Reserves Following Latest Acquisition
American Bitcoin Corp., a bitcoin accumulation platform and majority-owned subsidiary of Hut 8 Corp., has expanded its strategic reserve by acquiring approximately 1,414 bitcoin, bringing its total holdings to about…