Bitcoin Mining
Hashrate · miners · mining-to-AILive hashrate, difficulty, and the market forces reshaping China’s miners — and the hardware they’re turning toward AI.
From a $1.9 Billion Market Value to the Brink of Delisting, Cango Bets on AI Computing Power to Rewrite Its Fate
Cango has launched a 50 MW AI inference facility in Georgia via EcoHash, repurposing mining infrastructure after abandoning auto finance and facing delisting pressure.
Bitcoin Miner Wins Full Block Reward Against Once-in-300-Years Odds
A tiny CKPool solo miner defied roughly 300-year odds to mine a Bitcoin block, earning about $210,000 despite minimal computing power.
Bitdeer Launches 9.45 J/TH New Mining Rig: Can Jihan Wu Help Miners Survive the Winter?
Bitdeer launched its delayed SEALMINER A4 Bitcoin mining rigs, claiming industry-leading 9.45 J/TH efficiency as miners face severe profitability pressure.
Cango’s Bind: From Auto Finance Standard-Bearer to Crypto Mining Castoff
Cango faces NYSE delisting risk after its stock fell below $1, highlighting its sharp decline since pivoting from auto finance to Bitcoin mining.
Has Bitcoin Become Too Hard to Mine? Riot’s $290 Million Sell-Off Reveals the Mining Industry’s Harshest Survival Logic
Riot Platforms mined fewer bitcoin but raised $290 million by selling reserves, using Texas power credits and cash to expand computing capacity amid AI-driven competition.
A $75 Million Bet: After Cango’s Stock Fell 90%, Can AI Help It Turn Around?
Cango raised $75 million, mostly from insiders, to pivot from loss-making Bitcoin mining into AI inference infrastructure through its EcoHash strategy.
MARA Dumps $1.1 Billion of Bitcoin. Is Another Giant Heading for the Exit?
MARA sold 15,133 Bitcoin to repurchase discounted convertible debt, easing dilution fears while leaving $2.3 billion in obligations and major 2027 repayment risks.
Why Is Jihan Wu Choosing the Hard Road While Peers Seek Shelter With Tech Giants?
Bitdeer is converting its Norway mining site into a 180 MW AI data center as crypto margins collapse and debt tops $1.3 billion.
The Crackdown Continues: Urumqi Busts Mining Rig Repair Site, Seizes About 310 Devices
Urumqi police seized 310 crypto mining rigs from an illegal repair site as Xinjiang intensifies its regionwide crackdown on virtual currency activities.
Xinjiang Polysilicon Leader Fined Over 100 Million Yuan for Illegally Supplying Power to Bitcoin Mining, Marking the End of China’s Crypto Mining Era
Xinjiang regulators fined a leading polysilicon company over 100 million yuan for illegally reselling cheap industrial electricity to virtual-currency mining operations.
The “Computing Power Black Hole” Across the Pacific: Behind BitFuFu’s Legal Fight Is a Hunt Over Cost and Control
BitFuFu’s Mississippi fraud lawsuit highlights the legal and operational risks cloud miners face when relying on third-party U.S. hosting sites for power and infrastructure.
Bitfarms Drops the “Bit” as Mining Giants Line Up to Become AI Landlords
Bitcoin miners are abandoning shrinking crypto margins for AI infrastructure, where existing power assets and faster data-center conversions promise far higher returns.
BlockFills Bankruptcy: Miners’ Money Is Frozen, and $13.6 Million May Be Gone
BlockFills filed for Chapter 11 with up to $500 million in liabilities, freezing funds for over 2,000 institutions and hitting bitcoin miners hard.
Cango Made $600 Million and Lost $600 Million. Who Really Got Rich?
Cango’s 2025 revenue surged to $688 million after its Bitcoin mining pivot, but accounting write-downs and divestiture costs drove a $622 million net loss.
Latin America’s Shift: Crypto Enters an Era of Regulatory Normalization
Paraguay and Argentina are tightening crypto oversight after mining abuses and a presidential token scandal, signaling Latin America’s shift from bitcoin gold rush to regulation.
Intchains Lost 50 Million Yuan in a Year. Can Its Mining Rig Business Still Sustain Its Ethereum Bet?
Intchains’ 2025 results plunged into loss as revenue fell over 20%, with unsold niche-crypto mining rigs exposing its dependence on volatile cycle-driven markets.
One Day to Go: Bitcoin Nears the 20 Million Circulation Milestone, Taking Scarcity to a New Extreme
Bitcoin nears the 20 million mined milestone as shrinking issuance, lost coins and macro uncertainty strengthen its scarcity-driven “digital gold” investment narrative.
BitFuFu’s February Report Card: The Defensive Counterpunch Behind Its Computing Power Cut
BitFuFu weathered Bitcoin’s mining difficulty spike by cutting unprofitable hosting capacity, leaning on cloud mining revenue, and accumulating BTC while rivals sold coins or pivoted.
Bitcoin’s Double Life Under Middle East Fire: Iran’s Revolutionary Guard Cashes In on Chinese Miners, While Civilians Flee With Private Keys
Iran’s ultra-cheap, state-linked bitcoin mining turns stranded gas into sanctions-resistant value, enriching military networks while worsening power shortages for ordinary citizens.
Trump Family’s Mining Farm Is Expanding Even After Its Stock Fell 90%
Trump-linked crypto miner ABTC is expanding aggressively with new rigs and a revived Canadian site despite huge losses, betting on Bitcoin recovery and political leverage.
MARA Lost $1.3 Billion for the Year. Is North America’s Largest Miner Buckling?
Marathon Digital’s 2025 revenue rose 38%, but impairments, depreciation, weaker Bitcoin output and cash pressure drove a $1.31 billion loss, exposing strains in its expansion strategy.
Huge Loss, Heavy Demand: What Money Machine Is Hut 8 Hiding?
Hut 8’s huge 2025 loss was mostly Bitcoin accounting noise, while analysts backed its pivot from crypto mining toward AI and energy infrastructure.
North American Miners Are Racing Into AI. Canaan Is Putting $40 Million on the Texas Grid
Canaan nearly doubled 2025 revenue, returned to gross profit, and narrowed losses by shifting to institutional miner sales while expanding low-cost Bitcoin mining reserves.
Chinese Bitcoin Miners in Russia Receive Draft Notices
Russia’s new residency rules may force Chinese crypto miners to choose between legal mining operations and military service, raising risks of conscription and asset loss.
Selling All Its Bitcoin to Bet on AI: Jihan Wu Has Become Micree Zhan After All
Bitdeer liquidated all 2,233 BTC as shrinking margins, adjusted losses and heavy cash outflows forced Jihan Wu’s mining firm into a planned cash-raising exit.
Delin Holdings’ Gold Rush: In 2025, a Violent Pivot From Old Money to Digital Miner
Delin Holdings’ rapid pivot from family office to bitcoin miner lifted output and shares, but heavy financing, dilution and execution risks cloud its valuation.
PBOC and Seven Other Agencies Ban Crypto Mining Projects and Bar Mining Rig Makers from Selling Mining Rigs in China
China’s regulators tightened crypto rules, banning offshore services, RMB-pegged stablecoins and unapproved RWA tokenization to curb speculation and financial risks.
Shut Down or Fight Back? Bitcoin Falls Below $60,000 as Miners Face Their 'Darkest Hour
Bitcoin’s fall below $60,000 and rising mining difficulty are squeezing miners, forcing even giants like MARA toward potential loss-making coin sales.
Sichuan’s Liangshan Issues Another Crypto Mining Ban, With Butuo County Warning: “Losses Are Yours, Contracts Are Invalid
Butuo County in Sichuan has renewed its blanket ban on crypto mining, signaling tighter enforcement against underground operations using remote hydropower resources.
AI Eats Bitcoin: A Defection Driven by Survival, and a Moat That Is Disappearing
Bitcoin miners facing record-low revenues are repurposing power infrastructure for AI data centers, raising concerns that Bitcoin’s network security is being permanently weakened.
Russian Mining Giant Collapses: CEO Arrested, Assets Sold Off, and a Long-Planned Backroom Play?
Russian crypto miner BitRiver faces bankruptcy proceedings, mounting debts and executive departures as founder Igor Runets is confined over alleged tax evasion.
Could Bitcoin Mining Help South Africa’s Power Giant Climb Out From Under 400 Billion Rand in Debt?
South Africa’s Eskom is reportedly considering a Bitmach Bitcoin mining partnership to monetize surplus electricity, add flexible demand and ease pressure from heavy debt.
Bitdeer Overtakes MARA as Jihan Wu Claims the Top Spot in Global Computing Power
Bitdeer has overtaken MARA in total hashrate, driven by scarce clean-power capacity in Norway as tightening policies reshape Bitcoin mining competition.
Bitcoin’s “Great Blackout”: A Computing Power Battle Royale Under an Arctic Storm
A severe Arctic storm forced U.S. Bitcoin miners offline, sharply reducing network hashrate, slowing block times, and setting up a major difficulty adjustment.
Silicon Valley Newcomers 'Snatch' Mining Farms: Behind the AI Computing Power Leap, a Brutal Land Grab
Bitcoin miners and AI data centers face growing community resistance over electricity and land use, forcing conversions and delays.
CleanSpark Spent $300 Million on Its CEO’s Pay. Then Its Own Mining Rigs Stalled in the Snow.
CleanSpark shares fell after CEO Matthew Schultz received nearly $45 million in equity awards and the miner warned extreme cold could disrupt operations.
260 EH/s of Computing Power Vanishes: A Cold Snap Exposes Bitcoin’s Biggest Myth
Bitcoin mining power plunged as Arctic storms hit North America, with miners shutting rigs to profit from grid demand-response payments amid surging electricity prices.
Ethiopia Stakes Its National Fate on a High-Risk Bet: A Poor East African Plateau Turns State Power Into Bitcoin
Ethiopia is courting partners for state-backed Bitcoin mining, leveraging surplus hydropower to capture revenue, expand technical capacity and strengthen its global crypto footprint.
Bitcoin Mining Kingpin ‘Defects’: Riot Teams Up With AMD to Force an AI Empire Into the Texas Desert?
Riot Platforms sold bitcoin to buy Texas land, accelerating its AI and high-performance computing push as miners seek higher returns from power assets.
Buying Up Texas: Bitcoin Mining Giants Are Racing to “Clean Up” Their Image. Is AI Really Their Lifeline?
CleanSpark is buying Texas land for a 300MW AI and HPC data center, reflecting bitcoin miners’ shift toward power-rich computing infrastructure.