Mining News
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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.
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Russia will ban crypto mining across Moscow, Moscow Region and nine Kursk territories from Aug. 15, with restrictions lasting through 2032.
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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…
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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%…
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Bitcoin mining difficulty sits 19.9% below its peak as hashrate falls, fees stay weak and AI deals lift listed miner stocks.
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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…
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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…
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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…
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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…
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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.
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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
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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.…
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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…
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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.
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Dogecoin co-founder Billy Markus backs merged mining as DOGE gains, while TD Sequential signals and whale buying support a possible rebound.
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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…