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Cango sells legacy China business, goes all-in on Bitcoin mining: Report
3.4.2025
Cango, a publicly traded Chinese conglomerate, has agreed to sell its legacy China operations to an entity associated with peer Bitmain in a bid to go all-in on Bitcoin (BTC) mining, according to a report by The Miner Mag. Cango agreed to sell its legacy Chinese auto financing business...
Luxor’s Aaron Forster on Bitcoin Mining's Growing Sophistication
3.4.2025
The group’s director of business development, a speaker at this year’s Consensus festival, says bitcoin miners are expanding into bitcoin pooling, hashrate hedging, AI and HPC
Cango to Offload Chinese Assets for $352M, Eyes Bitcoin Mining Growth
3.4.2025
Cango Inc., the 14th-largest publicly listed bitcoin miner by market cap, has entered definitive agreements to sell its China-based operations to Ursalpha Digital Limited for $351.94 million, accelerating its focus on global bitcoin mining. Cango Sheds PRC Operations to Fuel Mining Ambitions...
Bitfarms Secures Up to $300M from Macquarie to Launch Panther Creek HPC Project
2.4.2025
Initial $50M draw supports early-stage development; full $300M project-level facility to fund buildout of 500MW HPC site in Pennsylvania
US Senator Goes Full Bull on Bitcoin Mining With FLARE Act
2.4.2025
A powerful new federal bill offers full tax expensing to crypto miners capturing flared gas, turning wasted energy into bitcoin-fueled grid dominance. FLARE Act Sets the Stage for US Energy Reform and Bitcoin Mining Expansion U.S. Senator Ted Cruz (R-TX) announced on March 31 the introduction...
Trump-affiliated crypto mining venture mulls IPO — Report
1.4.2025
American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired...
Trump-affiliated crypto mining venture mulls IPO — Report
1.4.2025
American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired...
GoMining launches $100M Bitcoin mining fund for institutional investors
1.4.2025
GoMining, a platform that allows users to mine Bitcoin (BTC) through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards...
GoMining launches $100M Bitcoin mining fund for institutional investors
1.4.2025
GoMining, a platform that allows users to mine Bitcoin (BTC) through data centers, is launching a $100 million Bitcoin mining fund for institutional investors. Custodied by Bitgo, the fund promises annual distributions from mining yield and a strategy that focuses on Bitcoin rewards...
Bitcoin Miners Grapple With $20M March Earnings Dip as Hashprice Swings
1.4.2025
March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily yield of 1 petahash per second (PH/s)—diminished by 3.93% from its early March benchmark. Hashprice’s 3.93% Slide Meets 862 EH/s Frenzy...
U.S.-Listed Bitcoin Miners Shed 25% of Their Market Cap in March: JPMorgan
1.4.2025
The monthly performance was the third-worst on record, the report said
Bitcoin mining using coal energy down 43% since 2011 — Report
1.4.2025
The use of hydrocarbon fuels in mining Bitcoin has seen a sharp decline over the past 13 years, with the use of coal energy in mining dropping significantly. The share of coal energy use in Bitcoin (BTC) mining has dropped from 63% in 2011 to 20% in 2024, an average annual decrease of roughly...
Bitcoin mining using coal energy down 43% since 2011 — Report
1.4.2025
The use of hydrocarbon fuels in Bitcoin mining has seen a sharp decline over the past 13 years, with the use of coal energy dropping significantly. The share of coal energy use in Bitcoin (BTC) mining has dropped from 63% in 2011 to 20% in 2024, according to a new report released by the industry...
Trump Sons Take 20% Stake in US Mining Venture With 61,000 ASIC Rigs and Big Ambitions
31.3.2025
Eric Trump and Donald Trump Jr., progeny of U.S. President Donald Trump, have embarked on a financial foray into the realm of cryptocurrency, channeling capital into a bitcoin mining operation, The Wall Street Journal reported in a Monday dispatch. The article details the duo’s strategic pivot...
IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers
31.3.2025
The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months
CoinShares' Bitcoin Mining ETF Is the Worst Performing Fund of This Year
31.3.2025
IREN, the ETF’s top holding at 15%, is down more than 40% year-to-date
Trump Family Enters Bitcoin Mining With New Venture, American Bitcoin: Report
31.3.2025
Eric and Donald Trump Jr. have partnered with Hut 8 to launch a major U.S.-based bitcoin-mining company
Trump sons back new Bitcoin mining venture with Hut 8
31.3.2025
Several members of US President Donald Trump’s family are backing a new venture to launch what aims to become the world’s largest Bitcoin mining firm.Hut 8, a digital asset mining and infrastructure company, announced on March 31 that it is acquiring a majority stake in American...
Trump sons back new Bitcoin mining venture with Hut 8
31.3.2025
Several members of US President Donald Trump’s family are backing a new venture to launch what aims to become the world’s largest Bitcoin mining firm.Hut 8, a digital asset mining and infrastructure company, announced on March 31 that it is acquiring a majority stake in American...
Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025
31.3.2025
Within the realm of bitcoin mining, a wave of advanced machinery has elevated performance to unprecedented heights over the past year. While industry titans such as Bitmain continue to dominate, challengers like Bitdeer and Auradine have confidently entered the competitive arena, vying...