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Mining

Covering the most recent crypto news on Bitcoin mining, mining pools, crypto mining, and more.


Opinion

Bitcoin Mining Is So Back (Except It's AI Now)

Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.

By George KaloudisJul 18, 2024

Bitcoin Mining Is So Back (Except It's AI Now)

Policy

As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in

The DOE dropped an earlier attempt to compel commercial crypto mining outfits to cooperate with an “emergency” energy-usage survey.

By Cheyenne LigonJul 10, 2024

As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in

Markets

Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says

Miners’ profitability has been hit as the daily revenues fell from $78 million pre-halving to $26 million currently, one market analyst noted.

By Shaurya MalwaJul 9, 2024

Drop in Bitcoin Mining Difficulty 'Comparable to FTX Collapse,' CryptoQuant Says

Markets

As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.

By Shaurya MalwaJul 5, 2024

As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

Finance

Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue

The miner has mined 93 million of KAS tokens since Sept. 2023.

By Aoyon AshrafJun 26, 2024

Bitcoin Miner Marathon Mined $15M Worth Kaspa Tokens to Diversify Revenue

Finance

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.

By Aoyon AshrafJun 24, 2024

Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners

Finance

Bitcoin Miners Cash in on BTC Rally as Crypto Exchange Transfers Hit Two-Month High

Among those selling, Marathon Digital offloaded 1,400 BTC worth nearly $100 million since the start of the month.

By Oliver KnightJun 12, 2024

Bitcoin Miners Cash in on BTC Rally as Crypto Exchange Transfers Hit Two-Month High

Opinion

Happy Bitcoin Pizza Day

Laszlo Hanyecz is famous for spending 10,000 bitcoin on two pizzas. But his involvement with Bitcoin development goes much deeper than food purchases.

By Daniel KuhnMay 22, 2024

Happy Bitcoin Pizza Day

Policy

U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining

In a letter to top officials, Sens. Elizabeth Warren and Angus King flagged Iran's reliance on cryptocurrency mining as a way to evade sanctions pressure.

By Jesse HamiltonMay 2, 2024

U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining

Markets

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

The broker initiated coverage of the stock with a buy rating and $12 price target.

By Will CannyApr 22, 2024

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

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