#Mining
45 posts tagged with Mining.
Abu Dhabi's Crypto Blueprint Draws Miners, Funds and Global Giants
Abu Dhabi's regulatory clarity, tax incentives, and sovereign capital are drawing crypto miners, funds like Mubadala, and global giants, with Citadel Mining holding nearly 7,000 BTC and Mubadala raising its Bitcoin ETF stake.
Bitcoin Hovers Near $64,000 While Coldcard Losses Top $116M
Bitcoin remains near $64,000 despite a $116 million Coldcard wallet hack, fresh Strategy selling, and a stalled Clarity Act, with analysts pointing to a production cost floor at $54,000.
Strategy's Saylor Tells BIP-110 Backers to 'Stand Down' Before Fork
Michael Saylor urged backers of BIP-110 to abandon the proposal before a mandatory signaling window could split the Bitcoin network, citing insufficient miner support. The proposal aims to limit non-financial data on Bitcoin transactions.
MARA Opens Slipstream to the Public as Coldcard Victims Race to Escape
MARA Foundation has opened its Slipstream service to the public without a signup code, providing a private transaction channel for Coldcard holders to move funds from compromised wallets before attackers can intercept them.
American Bitcoin Grows Treasury Reserve to 8,000 BTC as Revenue Hits $67M
American Bitcoin reported $67 million in Q2 2026 revenue and mined a record 932 bitcoins, expanding its treasury reserve to 8,002 BTC despite a 12% drop in bitcoin prices and maintaining gross margins near 50%.
Moscow Bitcoin Mining Ban Hits Data Centers Until 2032
Russia has banned cryptocurrency mining in Moscow and the Moscow region from August 15, 2026, to December 31, 2032, citing severe power grid strain from over 65 data centers.
HIVE Exec: AI GPUs Earn 10x More per Hour Than Mining Rigs
HIVE Executive Chairman Frank Holmes stated that the company's AI GPU cluster generates approximately $2.90 per GPU-hour, compared to $0.12 per hour from bitcoin mining rigs, highlighting a significant revenue advantage for AI infrastructure.
Peter Schiff Says Strategy's STRC Plan Hurts MSTR Shareholders
Strategy Inc.'s shares fell after Peter Schiff criticized its STRC policy, arguing it prioritizes preferred stockholders over common shareholders. The debate highlights tensions over capital structure and bitcoin reserves.
Bitcoin Mining and AI Infra Stocks Rocket as Shorts Get Burned
Bitcoin mining and AI infrastructure stocks posted double-digit gains on July 30, 2026, driven by a forced liquidation of a hedge fund's holdings, a Bitcoin price rise above $64,000, and positive sentiment from Microsoft's earnings.
3 Mining Pools Captured Nearly 30% of Bitcoin Blocks Since Launch
Data from Cloverpool reveals that the top three named mining pools—Antpool, F2pool, and Foundry USA—have collectively mined nearly 30% of all Bitcoin blocks since the network's launch, while unidentified miners account for the largest share.
Fortitude Invests $45M in Zcash Mining Infrastructure to Drive Vertical Integration
DCG-owned Fortitude Mining has invested approximately $45 million in mining hardware and Nebraska infrastructure as it shifts focus from Bitcoin to Zcash and pursues vertical integration.
Moscow Court Jails Mining Firm Bitriver Founder Over $12.5M Fraud Probe
A Moscow court has ordered Igor Runets, founder of crypto mining firm Bitriver, to be held in pretrial detention for at least two months over alleged $12.5 million equipment fraud. The company faces bankruptcy as its parent Fox Group defaults on $9.2 million in debt.
Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges
Core Scientific paid $41.9 million to cancel a bitcoin mining chip contract with Block, as it pivots from mining to AI colocation services, where revenue now accounts for 83% of total.
Fidelity Flags October and Bitcoin Bottom as 'Yardstick' Hits Historic Lows
Fidelity's Q3 Signals Report notes several sentiment indicators approaching capitulation territory, with the Yardstick metric near historic lows suggesting potential undervaluation.
Saylor: Bitcoin's Biggest Threat Isn't Attackers - It's Those Trying to Rewrite the Rules
Michael Saylor warns that internal factions seeking to alter Bitcoin's consensus rules pose a greater threat than external attackers, potentially undermining economic rights and the network's long-term future.
MARA CEO Says AI Delivers More Revenue From Power Than Bitcoin Mining
MARA CEO Fred Thiel states that electricity used for AI generates higher returns than bitcoin mining, prompting the company to focus on power assets for AI while mining remains viable with low-cost energy.
Michael Saylor Says Bitcoin Can Grow 100-Fold, Warns Rule Changes Could Threaten Its Future
Michael Saylor says Bitcoin can grow 100-fold but warns that changes to consensus rules, like BIP-110, could undermine its scarcity, security, and long-term value as a global capital foundation.
Bitcoin Miner Poolin Files Bankruptcy, Seeks $52M Texas Asset Sale
Singapore-based Bitcoin mining company Poolin has filed for Chapter 11 bankruptcy in New Jersey, seeking court approval for a $52 million sale of its Texas mining properties to repay creditors.
Top 10 Publicly Traded Firms by BTC Holdings Reach Million-Bitcoin Milestone
Ten public companies now collectively hold over one million bitcoin, with Strategy leading at 843,775 BTC. The year 2026 reveals a sharp divergence: mining companies outperform while pure bitcoin treasury firms lag.
Bitcoin Miner Poolin Technology Files Chapter 11 With $173M Debt as $52M Asset Sale Moves Forward
Poolin Technology, a Bitcoin mining pool operator, has filed for Chapter 11 bankruptcy with $173 million in debt, including $163.7 million owed to 11,700 wallet holders. The company plans to sell its West Texas mining assets for $52 million to liquidate operations.
Bitdeer’s Bitcoin Output Climbs to 990 as AI Cloud Run Rate Reaches $76M
Bitdeer mined 990 bitcoin in June, a 7.5% increase from May, while its AI Cloud annualized revenue run rate climbed to $76 million. The company continues expanding both mining and AI infrastructure.
Bitcoin Ownership Overtakes Gold as 49.6 Million Americans Now Hold BTC
According to River, 49.6 million Americans now own Bitcoin, surpassing the 28.8 million who own gold, marking a major shift in hard asset adoption.
SEC Sues Over $22 Million Crypto Mining Fraud Scheme
The SEC has filed a lawsuit against Mining Automatic and its founder, alleging that the company raised $22 million from investors for crypto mining but misappropriated most of the funds, leaving over $20 million in principal unpaid.
Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute
Hut 8 has signed a second 15-year lease for 352 megawatts of AI capacity at its Beacon Point campus in Texas, doubling the tenant’s commitment to 704 MW and highlighting a broader shift by bitcoin miners toward long-term data center contracts.
Russia Nears Final Crypto Vote With Retail Caps, Licensed Exchanges and Bitcoin Trade
Russia's State Duma is set to vote on July 21 on a sweeping crypto bill that would legalize regulated trading and cross-border settlements while maintaining a ban on domestic crypto payments. The bill includes retail purchase caps and licensed exchange requirements.
Four Bitcoin Mining Pools Now Control Over 70% of Network Hashrate
Foundry Digital, AntPool, ViaBTC, and F2Pool together controlled more than 70% of Bitcoin's hashrate as of June 23, 2026, fueling a two-tier market favoring institutional miners and raising centralization concerns.
Saylor Rejects BIP 110, Warns Softfork Threatens Bitcoin's Neutral Rules
Michael Saylor published a 100-point essay rejecting BIP 110, a Bitcoin softfork proposal, warning it threatens network neutrality and could disrupt fee markets.
Cleanspark Lands $6.6B AI Lease as 20-Year Deal Reshapes Bitcoin Mining Strategy
Cleanspark signs a 20-year AI lease worth up to $11.6B, converting its Georgia mining site into a 175 MW AI campus and securing exclusivity over its 885 MW Texas portfolio.
Bitmine Makes Ethereum King, Turns 98% of Revenue Into Staking Windfall
Bitmine reported $45.7 million in Q3 staking revenue, ending its focus on bitcoin mining. The firm now holds 5.4 million ether valued at $10.85 billion to fuel its MAVAN staking platform.
ERCOT Grid Rules Add New Infrastructure Hurdle for Texas Bitcoin Miners
ERCOT's new large-load interconnection rules create additional infrastructure challenges for Texas Bitcoin miners, highlighting the growing intersection of mining economics and energy policy.
Bitcoin Miner Cleanspark Adds 454 BTC at $64K While Others Sell Into the Bear Market
Bitcoin miner Cleanspark purchased 454 BTC for $29 million on July 7, expanding its treasury to 13,924 BTC, while most public miners sold a record 32,000+ BTC in Q1 2026.
Bitdeer Invests $36 Million in First US Sealminer Factory as Bitcoin Mining Margins Stay Tight
Bitdeer has begun construction on a $36 million electronics manufacturing facility in Sparks, Nevada, aiming to produce 10,000 Sealminer units per month by 2026. The move comes as bitcoin mining margins remain under pressure from low hashprice and the recent halving.
Grid Alerts Threaten Crypto: How 100-Degree Temps Impacted Bitcoin Mining
Triple-digit temperatures and soaring electricity prices squeezed U.S. Bitcoin miners, forcing curtailments that briefly reduced the global hashrate. The Department of Energy issued emergency orders to prevent blackouts, highlighting growing energy challenges for the mining industry.
Binance ETH Withdrawals Hit 3-Year High as Riot Stages Another 500 BTC for Possible Sale
Binance recorded over 166,000 ether withdrawal transactions in a single day, a three-year high, while bitcoin miner Riot Platforms moved 500 BTC to NYDIG custody, signaling potential sale. Analysts remain cautious as Binance's ETH netflow stays positive.
SBI Crypto Shuts Down Bitcoin Mining Pool, Directing Miners to Alternative Pools
SBI Crypto is closing its Bitcoin mining pool on July 31, 2026, affecting 20,412 PH/s of hashrate. Miners are advised to transition to pools like Braiins, Luxor Pool, and Neopool.
Ionic Raises $400M as AI Revenue Tops Bitcoin Mining Ahead of Nasdaq Listing
Ionic Digital, the bitcoin miner born from Celsius bankruptcy, raises $400M and files for Nasdaq listing as AI infrastructure leasing revenue surpasses Bitcoin mining, signaling a pivot toward power-and-land monetization.
American Bitcoin Shrinks Float 93% as Reverse Split Takes Effect Thursday
American Bitcoin Corp. will complete a 1-for-15 reverse stock split after markets close on Thursday, reducing its outstanding share count from 1.09 billion to about 73 million to meet Nasdaq's minimum bid price requirement.
ORE Surpasses 3 Million SOL Deployed For Mining Since V3 Launch
ORE has surpassed 3 million SOL deployed for mining since its V3 launch, highlighting significant capital participation in Solana DeFi. The milestone underscores both innovation and sustainability concerns around capital-intensive mining models.
Latam Insights: Regulators and Courts Move on Crypto in Brazil and Paraguay as Disaster Relief Hits Venezuela
Brazil proposes a 24-hour holding period for large stablecoin transactions, Paraguay convicts two bitcoin miners for energy theft, and Binance pledges $3 million in USDT aid for Venezuela earthquake relief.
Miners Absorb 18% Hashprice Crash as Bitcoin Difficulty Jumps 7.15%
Bitcoin's mining difficulty rose 7.15% on June 26, 2026, marking the second-largest increase this year, while hashprice dropped 18.34% to $28.68 per PH/s, squeezing miner margins despite hashrate holding near 984 EH/s.
Gomining Mines First Live Stratum V2 Bitcoin Block, Shifting Control to Miners
Gomining mined the first live Bitcoin block using Stratum V2 via the DMND pool, enabling miners to select transactions themselves for the first time.
Hut 8 Investors Reach $2.35 Million Settlement Over US Bitcoin Merger Claims
Hut 8 has agreed to pay $2.35 million to settle a class action lawsuit alleging misleading statements about its merger with U.S. Bitcoin Corp.
Crypto Lobby Pushes Congress to Keep Staking and Mining Tax Bill
Crypto trade groups urge lawmakers to advance H.R. 9175, the Tax Clarity for Mining and Staking Act, without changes, while banks oppose deferred taxation of digital asset rewards.
Zcash Mining Exposure Comes to Wall Street as Fortitude Targets Nasdaq Listing
Fortitude Mining Holdings, a DCG-owned Zcash mining platform, plans to list on Nasdaq through a merger with Heartsciences, offering public investors exposure to ZEC mining economics.
Bitmine Buys 52K ETH as Tom Lee Believes the Best Years for Crypto Are Still Ahead
Bitmine has acquired 52,203 ETH for approximately $90 million, bringing its total Ethereum holdings to 4.7% of the supply. Chairman Tom Lee remains bullish, expecting exponential demand growth from tokenization and AI.