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Mining News

Latest Mining News

American Bitcoin posts $57.2M loss as BTC stack grows
News
Read more - American Bitcoin posts $57.2M loss as BTC stack grows

American Bitcoin posts $57.2M loss as BTC stack grows

American Bitcoin posted a $57.2 million Q2 loss as mining revenue reached $67 million and its Bitcoin reserve grew 14% to 8,002 BTC.
Bitcoin BTC Bitcoin
Russia bans Moscow crypto mining from Aug. 15
News
Read more - Russia bans Moscow crypto mining from Aug. 15

Russia bans Moscow crypto mining from Aug. 15

Russia will ban crypto mining across Moscow, Moscow Region and nine Kursk territories from Aug. 15, with restrictions lasting through 2032.
What is proof of work? The consensus mechanism that powers bitcoin
Learn
Read more - What is proof of work? The consensus mechanism that powers bitcoin

What is proof of work? The consensus mechanism that powers bitcoin

Proof of work is a consensus mechanism that forces computers to spend measurable energy solving a mathematical puzzle before they can add a new block of transactions to a blockchain. It is the reason bitcoin has value as a settlement…
Bitcoin mining capitulation: difficulty falls 19.9% as miners pivot to AI
Feature
Read more - Bitcoin mining capitulation: difficulty falls 19.9% as miners pivot to AI

Bitcoin mining capitulation: difficulty falls 19.9% as miners pivot to AI

Bitcoin mining difficulty has dropped 19.9% from its peak in the third deepest ASIC era decline on record, as miners sell bitcoin at record rates and redirect power capacity toward artificial intelligence data centers. Bitcoin mining difficulty has dropped 19.9%…
Bitcoin miner capitulation deepens as difficulty falls 19.9%
News
Read more - Bitcoin miner capitulation deepens as difficulty falls 19.9%

Bitcoin miner capitulation deepens as difficulty falls 19.9%

Bitcoin mining difficulty sits 19.9% below its peak as hashrate falls, fees stay weak and AI deals lift listed miner stocks.
Bitcoin BTC Bitcoin
What is proof of stake? How validators replaced miners - 3
Learn
Read more - What is proof of stake? How validators replaced miners

What is proof of stake? How validators replaced miners

Every twelve seconds, the Ethereum network asks a question that would have seemed absurd before 2022: who gets to write the next page of a $400 billion ledger, and how do you stop them from lying? The answer, for Ethereum…
Hyperscale Data sells 100 BTC to fund AI center - 4
News
Read more - Hyperscale Data sells 100 BTC to fund AI center

Hyperscale Data sells 100 BTC to fund AI center

Hyperscale Data has sold about 100 Bitcoin and secured a BTC-backed credit facility to finance construction of its artificial intelligence data center in Michigan. Hyperscale Data converts Bitcoin into AI funding Hyperscale Data disclosed the Bitcoin sale and financing agreement…
Malaysia arrests two over illegal Bitcoin mining operation, seizes 73 rigs - 5
News
Read more - Malaysia arrests two over illegal Bitcoin mining operation, seizes 73 rigs

Malaysia arrests two over illegal Bitcoin mining operation, seizes 73 rigs

Malaysian police have dismantled an illegal Bitcoin mining operation and arrested two men after seizing 73 mining machines that investigators say were powered through stolen electricity. According to a statement from Batu Gajah district police chief Assistant Commissioner Md Noor…
Uzbekistan crypto mining: How will the Beshkala Mining Valley operate? - 6
News
Read more - Uzbekistan crypto mining: How will the Beshkala Mining Valley operate?

Uzbekistan crypto mining: How will the Beshkala Mining Valley operate?

Uzbekistan has established a special crypto mining zone across Karakalpakstan, introducing tax incentives, expanded power options, and a dedicated regulatory framework to attract licensed mining companies. Under a presidential resolution that took effect on April 20, Uzbekistan has designated the…
Galaxy Digital plans 74 MW McGregor data center
News
Read more - Galaxy Digital plans 74 MW McGregor data center

Galaxy Digital plans 74 MW McGregor data center

Galaxy Digital acquired 500 acres in McGregor, Texas, for a 74 MW AI data center phase expected to receive power in 2028 and expand later.
Hydropower overtakes gas as Bitcoin mining power use jumps 38% - 7
News
Read more - Hydropower overtakes gas as Bitcoin mining power use jumps 38%

Hydropower overtakes gas as Bitcoin mining power use jumps 38%

Cambridge data shows Bitcoin mining power use rose 38% to 190 TWh as hydropower led the mix and low-carbon energy reached 59.4% in late 2025
Bitcoin miner Poolin enters Chapter 11 with $52M bid for Texas assets - 8
News
Read more - Bitcoin miner Poolin enters Chapter 11 with $52M bid for Texas assets

Bitcoin miner Poolin enters Chapter 11 with $52M bid for Texas assets

Poolin has filed for Chapter 11 bankruptcy protection in the United States as it moves to sell its Texas bitcoin mining assets under a court-supervised process while carrying about $173 million in prepetition obligations. According to filings in the U.S.…
Bitcoin BTC Bitcoin
Celsius-backed Bitcoin miner Ionic Digital secures SEC approval for Nasdaq debut - 9
News
Read more - Celsius-backed Bitcoin miner Ionic Digital secures SEC approval for Nasdaq debut

Celsius-backed Bitcoin miner Ionic Digital secures SEC approval for Nasdaq debut

Ionic Digital has secured SEC approval for its registration statement, clearing the final regulatory hurdle before its planned Nasdaq direct listing on July 28. According to a company statement issued Monday, the digital infrastructure operator expects its Class A common…
Bitcoin BTC Bitcoin
Malaysia seized 75,000 mining rigs. The grid wars are real
Feature
Read more - Malaysia seized 75,000 mining rigs. The grid wars are real

Malaysia seized 75,000 mining rigs. The grid wars are real

75,578 rigs, $1.1B in stolen power, one arrest per 120 machines. Inside the global fight over cheap electrons, from steamrollers to AI leases.
Dogecoin merge mining debate heats up as DOGE flashes buy signals
News
Read more - Dogecoin merge mining debate heats up as DOGE flashes buy signals

Dogecoin merge mining debate heats up as DOGE flashes buy signals

Dogecoin co-founder Billy Markus backs merged mining as DOGE gains, while TD Sequential signals and whale buying support a possible rebound.
Dogecoin DOGE Dogecoin
SEC targets Mining Automatic over alleged $22M crypto mining fraud - 10
News
Read more - SEC targets Mining Automatic over alleged $22M crypto mining fraud

SEC targets Mining Automatic over alleged $22M crypto mining fraud

The U.S. Securities and Exchange Commission has sued Mining Automatic and its owner, Zan Shaikh, after they allegedly raised about $22 million from more than 380 investors through a fraudulent crypto mining operation. The SEC announced the partially settled charges…