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JPMorgan analysts say bitcoin has traded below its estimated production cost for five straight months, pushing about 20% of miners into unprofitable territory. Public miners have responded by selling more…
HIVE Digital’s BUZZ HPC unit has signed a three-year GPU cloud contract worth about $220 million as part of a Canadian sovereign AI infrastructure partnership with Bell Canada and Cohere.…
Tether has started trimming its Bitdeer (NASDAQ: BTDR) stake after reloading on the bitcoin mining and AI data center operator’s stock during a February selloff, generating about $12.7 million in…
Oman has launched a mandatory national bitcoin mining pool, requiring every licensed cryptocurrency miner in the Sultanate to route its hashrate through a single state-backed platform. The Ministry of Transport,…
Over the years, blockchain forensic analysis has traced roughly 1.1 million bitcoin, currently worth nearly $73 billion, to Satoshi Nakamoto, the pseudonymous creator of Bitcoin, with the entire cache sitting…
The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform.
This week, Bitcoin’s difficulty epoch at block height 953568 delivered the year’s second-steepest downward adjustment to date. Following this weekend’s recalibration and looking ahead to the next two weeks, the…
Bitcoin’s mining difficulty is on track for the second-largest downward adjustment this year, offering a reprieve to miners after a sharp pullback in network hashrate followed bitcoin’s early June price…
Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a…
With bitcoin prices sliding to levels not witnessed since February, the network’s hashrate has undergone a steep contraction, with 145 exahash per second (EH/s) exiting the system since the close…