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Canaan’s Mining Revenue Surges 312% As BTC Holdings Reach 1,292 BTC


Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M...

Crusoe to sell Bitcoin mining business to NYDIG to focus on AI


Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence. In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC)...

Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains


Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the estimated daily earnings...

Bitcoin mining supplier Auradine sees opportunity in Trump policies


US President Donald Trump’s trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only hold a small sliver of market share compared to their major Chinese counterparts. The United States accounts for over...

Bitcoin mining supplier Auradine sees opportunity in Trump policies


US President Donald Trump’s trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only hold a small sliver of market share compared to their major Chinese counterparts. The United States accounts for over...

Bitcoin mining hashprice stays flat despite higher difficulty: Report


The Bitcoin (BTC) mining hashprice — a miner's daily revenue per unit of hashing power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% uptick in Bitcoin difficulty.Data from CoinWarz shows that the Bitcoin difficulty...

Bitcoin mining hashprice stays flat despite higher difficulty: Report


The Bitcoin (BTC) mining hashprice — a miner’s daily revenue per unit of hash power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% uptick in Bitcoin difficulty.Data from CoinWarz shows that the Bitcoin difficulty...

Bitcoin mining hashprice stays flat despite higher difficulty: Report


The Bitcoin (BTC) mining hashprice — a miner’s daily revenue per unit of hash power expended to mine blocks — has remained constant at around $48 per petahash per second (PH/s), despite a slight 1.4% uptick in Bitcoin difficulty.Data from CoinWarz shows that the Bitcoin difficulty...

Pakistan Crypto Council proposes using excess energy for BTC mining


Bilal Bin Saqib, the CEO of Pakistan's Crypto Council, has proposed using the country's runoff energy to fuel Bitcoin (BTC) mining at the Crypto Council's inaugural meeting on March 21.According to an article from The Nation, the council is exploring comprehensive regulatory frameworks...

Pakistan Crypto Council proposes using excess energy for BTC mining


Bilal Bin Saqib, the CEO of Pakistan's Crypto Council, has proposed using the country's runoff energy to fuel Bitcoin (BTC) mining at the Crypto Council's inaugural meeting on March 21.According to an article from The Nation, the council is exploring comprehensive regulatory frameworks...

Foundry, Antpool, and Viabtc Dominate Bitcoin Mining: Here’s Why


Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through scale, competitive fee models, and tailored incentives for participants. What Are Mining Pools? Collaborative mining pools aggregate computational...

SEC says proof-of-work mining does not constitute securities dealing


The US Securities and Exchange Commission’s Division of Corporation Finance has clarified its views on proof-of-work mining, arguing that such activities do not constitute “the offer and sale of securities” as outlined in the Securities Act of 1933, so long as they meet certain...

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