Mining

Hut 8's (HUT) Tuesday third quarter earnings report showed record revenue and solid profitability, but the stock tumbled nearly 13% after investors were let down by the lack of an AI hyperscaler…

Key Takeaways Bitcoin miners' earnings have dropped to their lowest level since April amid a $7,000 price fall. The drop in price has slashed mining profitability and hashprice, pushing operators…

On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right in the hashpower—revenues…

Microsoft’s $9.7 billion contract with a Texas miner reveals the new math pushing crypto infrastructure toward AI, and what it means for the networks left behind. IREN’s November 3 announcement…

NIP Group, the parent company of the long-running esports team brand Ninjas in Pyjamas, is doubling down on Bitcoin, revealing plans to expand its mining operation. As a result, NIP Group hopes to…

CleanSpark is channeling proceeds from its Bitcoin mining operations directly into its new artificial intelligence (AI) division. The company used capital from over $64 million in recent sales to…

Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month. NIP Group Scales…

Bitcoin mining companies are experiencing unprecedented stock rallies as they pivot to AI infrastructure, with IREN securing a $9.7 billion data center agreement with Microsoft. The shift comes as…

Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin miners to reconsider their business model. Instead of waiting for fee…

Bitcoin miners just got hit with a hefty 6.31% bump in difficulty this week, pushing the rating to a hefty 155.97 trillion. Even so, miners kept the hashrate roaring above the 1,100 exahash per…