Bitcoin Mining

Bitcoin Mining

Markets

Bitcoin rally has more room as volatility shorts unwind, Two Prime CEO says

Alexander Blume said subdued funding rates and continued call selling suggest the rebound is not yet being driven by excessive speculation.

Alex Blume, CEO and founder of Two Prime.

Markets

IREN shares fall 8% as costly AI transition weighs on earnings

Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider.

ASIC bitcoin miners (Winston Chen/Unsplash)

Finance

Bitcoin miners’ AI pivot pays off, but mining could revive with one twist

Miners with AI and high-performance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pure-play operators.

Bitcoin mining USB devices on a large USB hub.

Policy

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

The Energy Ministry enacted the year-round restriction to mitigate power capacity shortages, as energy-intensive mining facilities continue to strain regional grids.

The Kremlin in Moscow (Artem Beliaikin/Unsplash)

Finance

Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal

The bitcoin miner’s 20-year agreement highlights an industry-wide shift toward AI infrastructure revenue.

Racks of servers and wires.

Finance

Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot

Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end.

ASIC bitcoin miners (Winston Chen/Unsplash)

Finance

Ionic Digital jumps 26% in Nasdaq debut, giving Celsius Network claimholders an exit route

The bitcoin miner reached a market valuation of roughly $2.8 billion based on its 44.9 million shares outstanding.

Stock market price charts (Anne Nygård/Unsplash)

Finance

Core Scientific lands AMD AI deal as bitcoin mining operation winds down

The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.

Data center (Taylor Vick/Unsplash)

Markets

Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy

The Singapore-based company once controlled nearly a fifth of Bitcoin's global hashrate. Now it owes $173 million and is selling off what's left.

BTC: Poolin Hash Rate (Glassnode)

Finance

AI compute stocks bounce as Hut 8, IREN land billions in new contracts

The deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.

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