Bitcoin miners continue to face challenges, with 14 top public companies in the space collectively having their worst month on record in March, according to investment bank JP Morgan. In a…
The total market cap of the 14 U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) dropped 25% in March, the third-worst monthly performance on record, the Wall Street bank said Tuesday. Only…
Within the realm of bitcoin mining, a wave of advanced machinery has elevated performance to unprecedented heights over the past year. While industry titans such as Bitmain continue to dominate,…
The Bitcoin mining industry is becoming increasingly competitive as the network’s hashrate reaches an all-time high (ATH). At the end of March 2025, Bitcoin’s hashrate hit 850 million TH/s. However,…
Australia-based bitcoin miner IREN is redirecting its growth plans away from BTC mining and towards its AI data centers and AI cloud services businesses. “As we near completion of our 50 EH/s mining…
Eric Trump and Donald Trump Jr. have officially entered the Bitcoin mining industry, teaming up with Hut 8 to launch ‘American Bitcoin’ — a new mining company aiming to become the world’s largest and…
Smoke from Nicaraguan cigars choked out the room as a heavy-set Bitcoin miner from the Deep South explained how the industry was expanding at an exponential rate. "You have no idea," he said at…
Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy…
Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as an institutional investor, and Bitmain links, is this…
Bitcoin (BTC) is often praised as the most decentralized cryptocurrency by its supporters, but the truth could be something else. Onchain data shows that only two Bitcoin mining pools mined over 51%…