Riot signed a decade-long deal with semiconductor giant AMB that could yield $1 billion in revenue if extended.
As crypto firms continue to diversify into high-performance compute, several firms are targeting the United States for new developments.
Singapore-based Bitdeer reported a “total hash rate under management," including a self-mining hashrate of 55.2 EH/s and hosted rigs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The pilot aims to capture most of the electricity consumed by liquid-cooled mining servers and recycle it into a closed-loop heating system.
Mining stocks continue to trade as a high-beta play on bitcoin, even as many operators push to diversify revenue through AI.
The lease pushes operating cost risk to the tenant while securing long-dated, backstopped cash flows, improving earnings visibility.
The company signed a 15-year lease with Fluidstack at its River Bend campus in Louisiana, with Google providing a financial backstop.
The firm, backed by Eric and Donald Trump Jr., continues to trade at a premium to peers despite a sharp and ongoing share price drawdown.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The bitcoin miner earned $284,633 for mining block 927,474 on Thursday using CKpool in a solo mining configuration.
The company is extending its procurement, logistics, and financing capabilities to help miners rapidly deploy accelerated compute capacity.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The refinancing removes a major dilution overhang for IREN by canceling older notes that converted at prices far below current levels.
American Bitcoin co-founder Eric Trump said volatility was expected from the expiration and that he will hold onto his shares.
The company's pivot into bitcoin mining and its new AI compute roadmap reflect a year of operational restructuring.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The miner’s “dual-engine” strategy uses bitcoin mining income to fund data center buildouts for AI and high-performance computing.
CEO Matt Schultz said the company has achieved operating leverage and is positioning its power portfolio for AI-driven data-center growth.
JPM's update leans on miners’ ability to convert power assets into long-term HPC revenue, with several expected to flip capacity by 2026.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Department of Homeland Security-led "Operation Red Sunset" examined whether Bitmain's machines could enable espionage or grid sabotage.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
AI lease commitments are stacking up, with Cipher’s total contracted HPC revenue climbing just weeks after sealing $5-billion deal with AWS.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Malaysia's national utility firm has identified 13,827 premises that illegally siphoned power to mine crypto between 2020 and August 2025.
Canaan is leaning on new A16 bitcoin mining hardware and North American expansion to support a stronger Q4 outlook.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The miner added over 3,000 BTC to its bitcoin reserve in the third quarter as its capacity scaled to 25 EH/s.