Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.

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.

By Francisco RodriguesJul 29, 2026

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.

By Francisco RodriguesJul 28, 2026

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.

By James Van StratenJul 24, 2026

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.

By Krisztian SandorJul 20, 2026

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

Finance

Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation

Mark Palmer said Hut 8's Beacon Point project transforms the company into an AI infrastructure platform with a long growth runway.

By Will Canny, AI BoostJul 14, 2026

Markets

Solo bitcoin miner makes $200,000 using $150 equipment

Solo Bitcoin mining has surged, with 24 blocks found in the past 12 months, a 41% increase year over year.

By Omkar Godbole, AI BoostJul 14, 2026

CoinDesk News

TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race

TeraWulf says its $19 billion AI hosting agreement with Anthropic underscores its transformation from a Bitcoin miner into an AI infrastructure company.

By AI BoostJul 13, 2026

Videos

Will the Clarity Act pass?

A new version of the CLARITY Act could arrive as soon as next week, but disagreements over ethics provisions leave crypto's biggest market structure bill racing against the congressional clock. Plus, Robinhood Chain processes more than $568 million in a single day, New Hampshire blocks a proposed bitcoin-backed bond, and what it all means for the future of crypto markets. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Jul 10, 2026