Bitcoin Mining

Bitcoin Mining

Markets

Bitcoin mining network becoming more sensitive to price swings, JPMorgan says

A growing share of miners are operating near breakeven levels, making hashrate and mining difficulty increasingly responsive to bitcoin's price movements, the bank said.

Racks of crypto mining machines.

Finance

GoMining challenges Jack Dorsey's Square with payments system designed around bitcoin

GoMining unveiled a software development kit and programmable access for its bitcoin payment protocol GoBTC Pay, allowing merchants to accept BTC for everyday purchases.

Mark Zalan, GoMining CEO (CoinDesk)

Markets

Bitcoin miners' AI pivot faces $50 billion reality check, says VanEck

VanEck says investors are shifting focus from contract announcements to execution risk as miners chase AI revenue.

CoinDesk

Finance

F2Pool founder who controls 11% of bitcoin's hashrate to lead first SpaceX mission to Mars

Chun Wang, the first Mission Commander for SpaceX’s first commercial spaceflight to Mars, is crucial for the future transport of millions of tons of cargo and a million citizens to the Red Planet.

F2Pool's Chun Wang (Source: SpaceX Blog)

Finance

HIVE buys $58 million Toronto plot for AI facility; shares climb

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

Hall of crypto mining servers

Finance

CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss

CleanSpark reported a net loss of $378.3 million for the quarter ending on March 31, a steep increase from the $138.8 million loss reported the same period last year.

An engineer works with bitcoin mining rigs (Shutterstock)

Markets

Bitcoin miner MARA sold $1.5 billion of bitcoin as it shifts toward AI infrastructure

While the miner said bitcoin remains its operational foundation, first-quarter results point to a company increasingly built around power, data centers and AI demand.

(Markus Winkler/Unsplash)

Finance

Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues

The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10.2 billion in revenue over 12 years.

Data center (Taylor Vick/Unsplash)

Finance

Hut 8 shares jump over 30% on news of $9.8 billion AI data center lease

Bitcoin miner expands into AI infrastructure with long-term hyperscale contract in Texas, which includes options that could increase the total value of the agreement to over $25 billion.

Hut 8 Beacon Point Data Center: Rendering. (Hut 8/Press)

Finance

Trump-linked American Bitcoin shares spike over 12% after announcing more mining power

The Trump family-linked mining and treasury company announced 11,298 additional bitcoin mining ASICs at its Drumheller site.

An engineer works with bitcoin mining rigs (Shutterstock)