Rural residents in Hood County are pressing for a community vote to gain more authority over a Bitcoin mining site that they say has disrupted their lives with round-the-clock industrial noise, local media outlet KERA News reported on Aug. 18. The mine, operated by Florida-based Marathon Digital Holdings, has been running for about three years […]
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The controversial AI-focused crypto project Qubic has suggested it may mine Dogecoin (DOGE), the largest memecoin, after completing its current operations on Monero (XMR), the privacy-focused blockchain network. On Aug. 17, Qubic Network founder Sergey Ivancheglo shared a Discord screenshot showing that the community voted to target Dogecoin for the upcoming mining season. This decision […]
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CoreWeave, which started in crypto mining and pivoted to cloud computing, is the sole AI tenant for Galaxy's facility under 15-year lease agreements.
TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to […]
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The full 200 MW of high-performance compute is expected to come online by the end of 2026, the company announced Thursday.
The move comes as Bitfarms looks to redomicile in the U.S., backed by President Trump's strong political support for crypto and AI.
If the deal moves forward, MARA will pay $168 million in cash to secure a 64% stake in Exaion, the data firm with a foot in AI.
Cango purchased a mining facility in Georgia to split capacity between self-mining and hosting in order to grow income and BTC holdings.
Crypto projects captured $2.67 billion in investments last month and is equivalent to 85% of money raised during the entire second quarter. DefiLlama data shows that the funding amount in July is 6% larger than June, when crypto startups surpassed $2.5 billion by a small margin. Additionally, July was the second-largest month in funding, bested […]
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Terawulf saw its net losses expand to over $79 million in the first six months of the year, according to its latest financial report.
Union Jack Oil (UJO), a UK-listed oil and gas firm, is exploring a new path to monetize its gas resources by turning to Bitcoin mining, per an Aug. 7 statement. According to the firm, the move is focused on harnessing the natural gas from its West Newton site in East Yorkshire to generate electricity for […]
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CleanSpark said its Q3 revenue jumped 91% year-over-year to $198.6 million while net income reached $257.4 million.
The Winklevoss twins have donated millions of dollars worth of bitcoin to President Trump's campaign in the past.
Cipher notched a Q2 net loss of $46 million as it continues to invest in its HPC infrastructure, while Hut 8 saw net income of $137.5 million.
Union Jack Oil, a UK-listed onshore oil and gas company, is exploring a bold move into crypto mining by powering Bitcoin operations directly from natural gas produced at its West Newton site. The company announced it has signed a non-binding letter of intent with Texas-based 360 Energy to deploy mining infrastructure on-site. The move is …
A 100% tariff on imported semiconductors, formally enacted by the Trump administration on August 7, is reshaping the economics of crypto mining in the United States. The tariff, which targets chips made outside the U.S., threatens to increase the cost basis for miners already facing pressure from the April halving and ongoing network difficulty spikes. […]
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A major shake-up in crypto mining is underway as American Bitcoin Corp., a mining company tied to Donald Trump’s family, is gearing up to list on Nasdaq under the ticker ABTC. If approved, this will bring a Trump-backed crypto venture directly into Wall Street’s spotlight. The Big Merger in Play American Bitcoin Corp., co-founded by …
Iren produced 728 BTC in July compared to MARA’s 703 BTC, as it surpassed the mega miner in both production and fleet utilization.
France’s far-right National Rally party, Rassemblement National (RN), is preparing a bill to tap into the nation’s surplus nuclear energy to mine Bitcoin. The proposal, led by MP Aurélien Lopez‑Liguori, would run as a five‑year pilot program at nuclear plants like Flamanville. The idea behind this initiative is that when power demand is low, nuclear …
Bitcoin’s network just got a lot tougher to mine while its price took a hit. According to data from CoinWarz, mining difficulty climbed to a record 127.6 trillion this week. At the same time, Bitcoin fell by 3%, touching an intraday low of $113,005 before edging back to $113,250 by 7:30 pm ET. Related Reading: XRP ETF Approval Incoming? Analyst Eyes September-October Window Mining Difficulty Hits All-Time High Based on analysis, difficulty will drop by roughly 3% on August 9, bringing it down to nearly 124 trillion. That adjustment follows a routine cycle every 2,016 blocks, or about two weeks, where the protocol tweaks how hard it is to mine a block. Difficulty makes sure blocks come out at a pace the system can handle. The challenge is tied to how much computing power, or hashrate, miners pour into the network. When more machines join, difficulty goes up. When some stop hashing, it comes down. In June, the difficulty slid to a low of 117 trillion, but it bounced back in late July and has been climbing since. At the moment, blocks are taking about 10 minutes and 20 seconds each on average, a bit slower than the 10-minute goal. When times drift too far off, the next adjustment nudges difficulty up or down to reel block times back toward 10 minutes. Miners Feel The Squeeze Higher difficulty means miners need more energy and better gear just to break even. With Bitcoin’s price under pressure, some older or less efficient operations could face real losses. Reports have disclosed that only the sharpest setups will likely stay in business if this pairing of high difficulty and low prices lasts. Mining firms track their costs closely. If electricity, hardware and maintenance bills outpace what they earn from block rewards, they may have to switch off rigs. The upcoming 3% ease in difficulty might let a few marginal players stick around a bit longer. Still, margins will be thin until the next major price move. Related Reading: No Gold? No Problem: Why XRP Stands Strong On Its Own—Analyst Price Tumbles And Recovers Slightly Based on data, Bitcoin slipped to $113,005—a 3% drop—before finding some buying at lower levels. By early evening, it had rebounded to $113,250. That quick swing highlights how mining and market moves feed off each other. When hopes of easier mining fade, price can wobble. When price dips, miners feel squeezed and may power down, which in turn can lead to easier difficulty again. Featured image from Pexels, chart from TradingView
HIVE Digital co-founder Frank Holmes stated this week that several sanctioned nations are actively mining Bitcoin (BTC) in secret, turning to the crypto as an alternative revenue stream in the face of U.S. financial restrictions. Holmes made the claims during a recent interview with the Roundtable. He tied a recent drop in global mining difficulty […]
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The Bitcoin network’s hash rate has exhibited pronounced volatility in 2025, peaking above 1,000 EH/s on several occasions while displaying frequent intraday dips as low as 700 EH/s. This behavior has directly affected the varied adjustments to mining difficulty, which have been recalibrated seven times in the past eleven weeks. As of block height 907200, […]
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MARA CEO says too many companies rushing to stockpile Bitcoin could backfire for investors while also putting pressure on BTC's price.
Crypto mining company Bitzero, backed by investor Kevin O’Leary, has raised $25 million to scale its mining operations. The funds will be used to purchase 2,900 advanced Bitmain S21 Pro miners, boosting the company’s mining capacity and efficiency. This expansion underscores strong investor confidence and aims to generate an estimated $10 million in additional annual …
French lawmakers have doubled down on their plans for Bitcoin mining by highlighting that the country could generate an annual revenue of up to $150 million from the industry. In a July 11 bill submitted to the French National Assembly, the lawmakers outlined a five-year pilot program allowing electricity producers to redirect excess power, often […]
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Shareholders trimmed support for executive pay packages at leading US Bitcoin (BTC) miners to an average of 64% in this year’s proxy season, far below the over 90% approval norm across the S&P 500, according to a July 10 VanEck research note. VanEck reviewed filings from eight listed miners and found average named-executive-officer (NEO) compensation […]
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Crypto mining company BIT Mining has strategically moved into the Solana ecosystem, sending its stock to a three-year high. On July 10, the company disclosed its strategic expansion, which includes plans to raise between $200 million and $300 million to establish a strategic Solana reserve. As part of the transition, BIT Mining intends to convert […]
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CoreWeave, a rising player in the artificial intelligence industry, has entered a definitive agreement to acquire Bitcoin mining company Core Scientific in an all-stock transaction, according to a July 7 announcement. This strategic move would help CoreWeave to strengthen its data center capabilities and expand its AI and high-performance computing (HPC) infrastructure. Agreement terms Under the […]
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CoreWeave has entered into a definitive agreement to acquire Core Scientific in an all-stock deal worth about $9 billion.
The Russian Ministry of Energy has introduced a nationwide registry for Bitcoin mining equipment to enforce tax regulations and curb unauthorized activity. According to a report from RIA Novosti, the initiative is the result of a coordinated effort between the Ministry of Energy, the Federal Tax Service, and the Ministry of Digital Development. Authorities have […]
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