Mt. Gox trustees face a deadline on Oct. 31 to complete Base, Early lump-sum, and Intermediate repayments for Bitcoin creditors (BTC), with roughly 34,689 BTC still sitting in Mt. Gox-linked wallets as the clock ticks down. The Tokyo court extended the original cutoff date of Oct. 31, 2024, by one year after processing delays and […]
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Bitcoin mining crossed the zetahash threshold in September as the network averaged 1.034 ZH/s, and hashprice fell below $47 per PH per second. According to a new report by The MinerMag, the step up in difficulty coincided with miners’ equity values nearly doubling since August to about $90 billion by October 15, while BTC fell […]
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Bitcoin miners are running out of room to breathe. In the wake of a $19 billion market rout, operators have begun moving massive volumes of Bitcoin onto exchanges, a classic signal that sell pressure is building. Data from CryptoQuant shows that between Oct. 9 and Oct. 15, mining wallets sent 51,000 BTC, worth more than […]
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Bitfarms will use the funds for “general corporate purposes,” including funding capped call transactions to hedge dilution from the conversions.
Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for approximately $46 million on Oct. 13, capitalizing on the market collapse three days earlier while most miners remained defensive. The acquisition increases MARA’s Bitcoin treasury to 53,250 BTC, valued at over $6 billion at current prices, according to Bitcoin Treasuries data. The timing reveals a strategic […]
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UC San Diego and the University of Maryland researchers have reported findings showing that roughly half of GEO satellite downlinks carry data without encryption. Further, data interception can be reproduced with just $800 of consumer hardware. Per WIRED, the team captured telco backhaul, industrial control traffic, and law-enforcement communications, and reported fixes to affected providers […]
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A soaring hash rate has pushed difficulty to 150.84T, leaving miners facing shrinking profitability.
Japanese mining pool operator SBI Crypto has suffered a $21 million theft in a breach that investigators are linking to North Korea attackers. On Oct. 1, blockchain researcher ZachXBT identified unusual outflows from the firm involving Bitcoin, Ethereum, Litecoin, Dogecoin, and Bitcoin Cash. According to his findings, the funds moved quickly through five instant exchanges […]
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The purchase brings DL's mining fleet to 5,195 machines, with a hashrate of 2.1 exahashes per second (EH/s).
Proceeds are intended to support Barber Lake buildout, HPC expansion, and capped call transactions to reduce share dilution.
On Sep. 23, Bitcoin’s hashrate set a new all-time high of 1,073 EH/s. Over the last month, raw compute rose about 21%. Over the last quarter, roughly 70%. Over the last year, the curve went vertical, up around 675%. Hashrate used to be a chart for miners and protocol nerds. Now it reads like a […]
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Tech giant to secure equity stake through long-term partnership with Fluidstack.
MARA and CLSK rally as bitcoin nears $118,000 and sector momentum builds.
AI mining stocks extend gains as Tesla jumps on Elon Musk’s share purchase.
The Bitcoin hashrate crossed an important milestone this week, hitting 1 zetahash per second. That’s 1,000,000,000,000,000,000,000 hashes computed every single second. To put it simply: Bitcoin is more secure and powerful than ever. As macro investor and long-time Bitcoin advocate, Dan Tapiero questioned: “How do people still not get it?” Bitcoin hashrate at an all-time […]
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Bitcoin mining firms are transforming their energy-hungry facilities into AI data centers, chasing stable contracts and higher returns as crypto profitability wanes.
Bitcoin network difficulty reached 136.04 trillion on Sept. 4, while dollar hashprice slipped to about $52 per petahash per day this week. Per Hashrate Index, the last adjustment set a new high for difficulty, and the forward market now prices an average hashprice near $49.17 per PH per day for the next six months. The […]
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Nebius surges 47%, Cipher Mining and IREN both advance on speculation of more AI infrastructure partnerships.
Chinese Bitcoin miner Cango reported a sharp rise in production during the second quarter of 2025, even as higher expenses dragged the company into a deep net loss. In a Sept. 5 update, the firm disclosed that it mined 1,404.4 BTC between April and June, pushing its total production since launch to 3,879.2 BTC. Cango […]
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Company holds 52,477 BTC, advances Texas wind farm and European growth while shares face year-to-date decline.
Thumzup also said it is expanding its crypto treasury to include Dogecoin, Litecoin, Solana, XRP, ether and USDC.
American Bitcoin Corp. (ABTC), backed by Donald Trump Jr. and Eric Trump, filed with the Securities and Exchange Commission (SEC) on Sept. 3 seeking to raise $2.1 billion through share sales. The filing follows a volatile Nasdaq debut that saw ABTC stock surge 91% in one hour before crashing lower than the opening price by […]
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If you’re new to Bitcoin or the only sats you hold are in an ETF or a centralized exchange, you’d be forgiven for not knowing about Core vs Knots and the entire OP_RETURN saga. But if you’ve weathered a few cycles, HODLed like a champ, and are still scratching your head, it’s time you opened […]
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U.S. spot Bitcoin ETFs bought about 1,620 BTC on Aug. 28, roughly 3.6 times the approximately 450 BTC miners create each day. Per Farside Investors, net inflows totaled $178.9 million, the fourth consecutive positive session into Aug. 28. The supply side is fixed by protocol changes made in April 2024, when the block subsidy fell […]
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The stock rose 13% pre-market with IREN closing in on MARA as the world’s biggest bitcoin and AI miner by market cap.
American Bitcoin, the mining company partly owned by Donald Trump Jr. and Eric Trump, is preparing to go public on the Nasdaq in September, Reuters reported on Aug. 28. The firm, launched in March, is 80% owned by Toronto-based Hut 8, one of North America’s largest crypto miners. The Trump brothers collectively own the remaining […]
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Also: Bitcoin Liquid Staking News, Optimism and Flashbots Team Up, Hemi Labs Raises $15M.
The Trump Jr.-backed Thumzup raised $50 million in July in a common stock offering to purchase tokens and invest in crypto mining.
Despite its weekend downturn, Bitcoin is up over 22% year-to-date, but public mining companies listed on NASDAQ have struggled to keep pace. The equal-weighted basket of mining stocks has gained just over 12% between Jan. 1 and Aug. 18. However, that underperformance masks a reversal in the past two months, when miners surged more than […]
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Bitdeer's bitcoin mining division reported revenue of $59.3 million, a 43% gain when compared to the previous year of $41.6 million.