The wire
Short, fast updates from across China’s AI industry — compute, mining, and physical AI, as they land.
- 04:41
Anthropic Reportedly Reaches $9.1 Billion Computing Power Deal With Cloud Computing Company Riot Platforms
ITHome, Aug. 11 — Bloomberg, citing people familiar with the matter, reported that AI company Anthropic has reached a $9.1 billion agreement (ITHome note: about 61.47 billion yuan at current exchange rates) with Bitcoin mining company Riot Platforms. Riot has recently begun selling data center computing power to AI companies. The deal underscores Anthropic’s push to secure compute resources to meet rising customer demand for AI services. Riot Platforms disclosed earlier on Monday local time (Aug. 10) that the company…
- 00:41
Senators Cynthia Lummis and Angela Alsobrooks Say Bipartisan Work on Clarity Act Continues Despite Delays
Bitcoin Magazine Senators Cynthia Lummis and Angela Alsobrooks Say Bipartisan Work on Clarity Act Continues Despite Delays The long-awaited crypto Clarity Act bill has been stalled. Still, lawmakers from both parties say the fight isn't ove…
- 00:41
Trump Media Pulls Back From Crypto Deals: Report
Bitcoin Magazine Trump Media Pulls Back From Crypto Deals: Report Trump Media wants to focus on other business ventures, according to an Axios report. This post Trump Media Pulls Back From Crypto Deals: Report first appeared on Bitcoin Maga…
- 00:41
Anthropic Reportedly Reaches Computing Power Deal Worth More Than $9 Billion With Riot Platforms
Anthropic has reportedly reached a $9.1 billion computing power agreement with bitcoin mining and digital infrastructure company Riot Platforms. Riot disclosed on August 10 local time that it had signed a 20-year agreement to provide 191 megawatts of computing capacity at its Rockdale, Texas campus to a “leading frontier AI company.”
- 22:41
Blockstream Debuts Swaps, Allowing Bitcoiners to Move Between Lightning and Main Network With Ease
Bitcoin Magazine Blockstream Debuts Swaps, Allowing Bitcoiners to Move Between Lightning and Main Network With Ease Following the suspension of Boltz, Blocksteam is debuting a feature allowing trustless Bitcoin swaps. This post Blockstream…
- 20:41
Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million
Bitcoin Magazine Coldcard Bitcoin Hack: Victims Report Median Loss of 1 BTC as Theft Tops $111 Million The amount of Bitcoin stolen has been confirmed at $111 million, but is likely much higher — and could stand at over $130 million. This p…
- 20:41
Bitcoin Exchange-Traded Funds See Spike In Inflows Following Huge Hack
Bitcoin Magazine Bitcoin Exchange-Traded Funds See Spike In Inflows Following Huge Hack The Bitcoin ETFs are experiencing massive inflows, despite the negative news from last month's Coldcard hack. This post Bitcoin Exchange-Traded Funds Se…
- 20:41
BTCPay Server Offers 3 Bitcoin Bounty for Recovery of Stolen Funds After Wallet Exploit
Bitcoin Magazine BTCPay Server Offers 3 Bitcoin Bounty for Recovery of Stolen Funds After Wallet Exploit The open-source payment processor is funding a recovery bounty worth 10% of any funds returned, capped at 3 Bitcoins, and says it will…
- 18:41
Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports
Bitcoin Magazine Crucial Vote On Crypto Clarity Act Delayed Until September, Trump Says More People Are Paying in Bitcoin: Reports A vote on the long-awaited Clarity Act will be delayed until September as lawmakers go on recess today. As fi…
- 18:41
Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit
Bitcoin Magazine Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed indus…
- 18:41
Bitcoin Shrugs off Coldcard Hack and Clarity Act Delays, Price Chops Higher as Investors Buy ETFs
Bitcoin Magazine Bitcoin Shrugs off Coldcard Hack and Clarity Act Delays, Price Chops Higher as Investors Buy ETFs The Bitcoin price seems unfazed by recent negative news. This post Bitcoin Shrugs off Coldcard Hack and Clarity Act Delays, P…
- 18:41
TD Cowen Gives Crypto Clarity Act a 25% Chance of Passing This Fall
Bitcoin Magazine TD Cowen Gives Crypto Clarity Act a 25% Chance of Passing This Fall The long-awaited crypto market structure bill isn't dead — but chances it passes are slim, the bank said. This post TD Cowen Gives Crypto Clarity Act a 25%…
- 16:41
BIP-110 Fork Stalls at Two Blocks as Bitcoin Miners Refuse to Follow
Bitcoin Magazine BIP-110 Fork Stalls at Two Blocks as Bitcoin Miners Refuse to Follow A controversial proposal — supported by the Knots community — aimed at clearing up spam on the Bitcoin network, attempted to fork on Saturday. It failed s…
- 16:41
Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback
Bitcoin Magazine Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback Strategy now hasn't bought Bitcoin since June as the company focuses on having a cash cushion. This post Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback…
- 14:41
Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut
The Bitcoin miner and AI infrastructure company closed at $62.90, giving it a market capitalization of about $2.8 billion after its direct listing.
- 14:41
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this year.
- 12:41
Bitcoin’s BIP110 Moment: Three Possible Scenarios
Bitcoin Magazine Bitcoin’s BIP110 Moment: Three Possible Scenarios Will BIP110 fail, activate, or split Bitcoin? A look at the three most likely outcomes. This post Bitcoin’s BIP110 Moment: Three Possible Scenarios first appeared on Bitcoin…
- 12:41
CleanSpark misses Wall Street revenue estimates as shares sink
CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate.
- 04:41
Foundry launches Zcash mining pool, notches 29% hashrate in first month
The launch of Foundry Zcash Pool has cut ViaBTC’s mining pool hashrate dominance from around 65% to 37%.
- 04:41
Public crypto miners sold more BTC in Q1 2026 than all of 2025: Report
Mining companies are now split between those liquidating Bitcoin to cover operating expenses and those holding their BTC in reserve to fuel future growth.
- 04:41
Bitcoin mining difficulty falls, but is projected to rise in next adjustment
Bitcoin miners have faced challenges over the past year, amid reduced block rewards, rising energy prices, a crypto bear market and geopolitical shocks.
- 04:41
Trump-linked American Bitcoin energizes 11,298 new ASICs
American Bitcoin (ABTC) originally purchased the mining rigs in March, weeks after reporting a $59 million loss for Q4 2025.
- 04:41
Bitcoin miner Core Scientific shifts to AI with 1.5GW data center push
Core Scientific is converting its Pecos, Texas site into a high-density AI colocation hub, repurposing 300MW of mining capacity.
- 04:41
Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter
Riot Platforms reported $167.2 million in Q1 2026 revenue, with its new data center business contributing $33.2 million as Bitcoin mining income fell.
- 04:41
Hut 8 refinances Bitcoin-backed loan with $200M FalconX deal
The Bitcoin miner said the FalconX facility lowers its fixed interest rate to 7% and releases about 3,300 BTC from collateral restrictions.
- 04:41
Core Scientific posts $347M loss as AI hosting overtakes Bitcoin mining
Core Scientific mined 279 BTC in the quarter, down 45% from a year earlier, while its colocation business became its top revenue source.
- 04:41
TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
- 04:41
Seven major Bitcoin mining pools join Stratum V2, working group
The Stratum V2 working group aims to improve mining-pool communication and give individual miners more control over block templates.
- 04:41
CleanSpark shares slide after reporting $378M fiscal second quarter loss
CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.
- 04:41
Foundry asks Bitcoin miners to vote on BIP-110 support
Foundry USA asked its mining customers to signal their support for BIP-110, an actively debated proposal seeking to shrink the amount of data that can be stored in a Bitcoin transaction.
- 00:41
“We Need Clarity,” Says Former New York Governor Andrew Cuomo
Bitcoin Magazine “We Need Clarity,” Says Former New York Governor Andrew Cuomo The ex-New York governor hinted that Democrats were playing politics with the Clarity Act. This post “We Need Clarity,” Says Former New York Governor Andrew Cuom…
- 22:41
Senate Whip Barrasso Becomes Latest Lawmaker to Support Crypto Clarity Act, But Time May Be Running Out
Bitcoin Magazine Senate Whip Barrasso Becomes Latest Lawmaker to Support Crypto Clarity Act, But Time May Be Running Out While Republicans are urging lawmakers to get the bill over the line, there isn't much time left before the Senate goes…
- 22:41
Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App
Bitcoin Magazine Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App Breez’s new open-source Glow PWA turns Bitcoin into everyday money. Users send stablecoins from their BTC balance via Spark, log in with Passke…
- 22:41
Bitcoin miner Canaan posts $88.7M net loss in Q1 amid BTC decline
Canaan’s Q1 results were dragged down by a $25 million inventory write-down and a 75% quarterly drop in equipment sales as Bitcoin prices retreated from their highs.
- 22:41
Bitcoin miner MARA spent $4.3M on CEO security in 2025 as crypto attacks rise
MARA spent $4.3 million on CEO Fred Thiel’s security in 2025, including vehicle armoring, as crypto wrench attacks increased globally.
- 22:41
Georgia targets illegal crypto mining in Mestia crackdown: Report
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
- 22:41
Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates
The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds its European AI cloud platform.
- 22:41
Crypto lobby urges Congress to pass staking and mining tax bill as is
A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should be passed without further amendments.
- 22:41
Kazakhstan president signs decree to accelerate crypto adoption
Kazakhstan targets gas-powered electricity for mining, income tax exemptions for regulated crypto transactions and cross-border stablecoin payments in a new decree signed by the president.
- 22:41
TeraWulf eyes $3.5B debt raise for Anthropic-linked data center: Report
Bitcoin miner TeraWulf is reportedly seeking $3.5 billion in debt financing led by Morgan Stanley for its Kentucky data center campus leased by AI company Anthropic.
- 22:41
Hobby-level miner bags $200K solo BTC block with budget Bitaxe rig
A solo Bitcoin miner secured a $200,000 block reward with a budget mining rig, pushing payouts to hobby-level miners to $4.7 million for the past year.
- 10:42
Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%.
- 08:43
Nissan Looks to the “China Model” as It Aims to Halve Development Cycles
IT Home reported on August 9 that Nissan, which has been mired in difficulties over the past few years, is trying to turn itself around with “China speed.” According to Carscoops on August 7 local time, Nissan corporate vice president Kazuyuki Yamaguchi said the company has drawn on the development model of Chinese automakers and made a sharp reduction in new-vehicle R&D cycles a priority in its restructuring. Speaking at an event at Nissan’s global headquarters, Yamaguchi said candidly that the company would struggle to survive if it could not bring new products to market faster. After a series of process changes, the time needed to take an all-new model from project approval to completed development has been cut to 37 months from 50 months, while updates to derivative models have been shortened to 30 months, 40% faster than before. The speed improvement...
- 22:40
Bitcoin mining pool Poolin files for Chapter 11 bankruptcy
Bitcoin miner Poolin filed for Chapter 11 bankruptcy and initiated a $52 million sale of its two West Texas mining sites as part of its future creditor recovery program.
- 16:41
Bitcoin miners are pivoting to AI, so why is the hashrate near ATHs?
Bitcoin miners are pivoting to AI infrastructure for billions in new revenue, but the network’s hashrate continues to tread near record highs.
- 16:41
Kazakhstan approves strategic crypto mining rules tied to national reserve
Kazakhstan plans to require miners to meet strict infrastructure standards and transfer part of their mined crypto assets to a state-backed reserve under new rules.
- 16:41
Bernstein says Bitcoin mining deals necessary for AI power crunch
Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with third-party providers will be necessary to address the computing power limits of AI data centers.