Bitcoin Mining

Crypto Biz: Is AI the exit strategy for miners?

Crypto Biz: Is AI the exit strategy for miners? 2026-06-19 at 20:03 By Sam Bourgi Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal. This article is an excerpt from Cointelegraph.com News View Original Source

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HIVE secures $220M AI infrastructure contract with Bell and Cohere

HIVE secures $220M AI infrastructure contract with Bell and Cohere 2026-06-18 at 20:54 By Nate Kostar The deal is expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations. This article is an excerpt from Cointelegraph.com News View Original Source

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Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap

Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap 2026-06-18 at 19:56 By Sam Bourgi IREN leads public Bitcoin miners with a projected $21.1 billion AI infrastructure funding gap, underscoring the capital-intensive nature of converting mining sites into data centers. This article is an excerpt from Cointelegraph.com News View Original Source

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Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates

Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates 2026-06-16 at 11:24 By Ezra Reguerra The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform. This article is an excerpt from Cointelegraph.com News View Original Source

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Can Bitcoin fix Pakistan’s energy problem? The 2,000 megawatt mining strategy explained

Can Bitcoin fix Pakistan’s energy problem? The 2,000 megawatt mining strategy explained 2025-06-12 at 13:11 By Cointelegraph by Bradley Peak Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan This article is an excerpt from Cointelegraph.com News View Original Source

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‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B

‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B 2024-11-12 at 02:03 By Cointelegraph by Brayden Lindrea The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.  This article is an excerpt from Cointelegraph.com News View Original Source

‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B Read More »

Hive Digital buys 6,500 ASICs, starts Paraguay construction

Hive Digital buys 6,500 ASICs, starts Paraguay construction 2024-11-11 at 20:03 By Cointelegraph by Derek Andersen Hive Digital converted some of its capacity to AI after the Ethereum Merger, and now it is upgrading its Bitcoin mining capacity. This article is an excerpt from Cointelegraph.com News View Original Source

Hive Digital buys 6,500 ASICs, starts Paraguay construction Read More »

Chinese police bust $1.9B USDT underground banking racket

Chinese police bust $1.9B USDT underground banking racket 2024-05-16 at 12:01 By Cointelegraph by Prashant Jha The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations. This article is an excerpt from Cointelegraph.com News View Original Source

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El Salvador mines 474 Bitcoin using geothermal volcanic energy

El Salvador mines 474 Bitcoin using geothermal volcanic energy 2024-05-15 at 12:01 By Cointelegraph by Prashant Jha El Salvador currently holds 5,750 BTC worth $354 million, accumulated over three years. This article is an excerpt from Cointelegraph.com News View Original Source

El Salvador mines 474 Bitcoin using geothermal volcanic energy Read More »

Galaxy Digital’s revenue soars with mining, fees at record levels

Galaxy Digital’s revenue soars with mining, fees at record levels 2024-05-14 at 23:02 By Cointelegraph by Ana Paula Pereira Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees. This article is an excerpt from Cointelegraph.com News View Original Source

Galaxy Digital’s revenue soars with mining, fees at record levels Read More »

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving 2024-05-14 at 13:02 By Cointelegraph by Zoltan Vardai Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf’s Nazar Khan. This article is an excerpt from Cointelegraph.com News View Original Source

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Biden orders removal of Chinese-owned crypto miner near missile base

Biden orders removal of Chinese-owned crypto miner near missile base 2024-05-14 at 09:03 By Cointelegraph by Martin Young Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden. This article is an excerpt from Cointelegraph.com News View Original Source

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Marathon Digital misses Q1 estimates on bad weather, utility failures

Marathon Digital misses Q1 estimates on bad weather, utility failures 2024-05-10 at 05:01 By Cointelegraph by Jesse Coghlan The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites. This article is an excerpt from Cointelegraph.com News View Original Source

Marathon Digital misses Q1 estimates on bad weather, utility failures Read More »

Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy

Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy 2024-05-09 at 01:01 By Cointelegraph by Ana Paula Pereira Bitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024, boosting its gross margin to 46% from 26% in the previous year. This article is

Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy Read More »

‘No signs’ of Bitcoin miner capitulation despite plummeting revenue

‘No signs’ of Bitcoin miner capitulation despite plummeting revenue 2024-05-01 at 06:02 By Cointelegraph by Tom Mitchelhill CryptoQuant CEO Ki Young Ji said that despite a drop in Bitcoin mining revenues since the halving, Bitcoin miners haven’t shown any signs of capitulation. This article is an excerpt from Cointelegraph.com News View Original Source

‘No signs’ of Bitcoin miner capitulation despite plummeting revenue Read More »

Runes are offering a significant lifeline for Bitcoin miners: TeraWulf CEO

Runes are offering a significant lifeline for Bitcoin miners: TeraWulf CEO 2024-04-26 at 13:05 By Cointelegraph by Zoltan Vardai The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan. This article is an excerpt from Cointelegraph.com News

Runes are offering a significant lifeline for Bitcoin miners: TeraWulf CEO Read More »

Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023

Bitcoin miner profits get squeezed as hash price drops to lowest since October 2023 2024-04-24 at 21:03 By Cointelegraph by Ana Paula Pereira After enjoying record profits during Bitcoin’s recent halving, miners now face a sharp decline in hash prices. This article is an excerpt from Cointelegraph.com News View Original Source

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Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’ 2024-04-23 at 23:04 By Cointelegraph by Turner Wright The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021. This article is an excerpt from Cointelegraph.com News View Original Source

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Finland’s households turn to Bitcoin mining to heat homes

Finland’s households turn to Bitcoin mining to heat homes 2024-04-23 at 15:03 By Cointelegraph by Helen Partz Bitcoin enthusiasts in Finland have integrated two Bitcoin mines with district heating facilities enabling heating homes while mining BTC. This article is an excerpt from Cointelegraph.com News View Original Source

Finland’s households turn to Bitcoin mining to heat homes Read More »

Hut 8 ‘self-mining plans’ make it competitive post-halving: Benchmark

Hut 8 ‘self-mining plans’ make it competitive post-halving: Benchmark 2024-04-23 at 06:01 By Cointelegraph by Tom Mitchelhill Analysts from investing banking firm Benchmark initiated coverage on Hut 8, issuing a “buy” rating and setting a $12 target for the firm’s share price. This article is an excerpt from Cointelegraph.com News View Original Source

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