Bitcoin Mining

Bitcoin Mining

Tech

Adam Back Joins Fight for the Soul of Bitcoin Over 'JPEG Spam'

The Blockstream CEO says image inscriptions undermine Bitcoin’s role as money and offer miners only a negligible profit in return.

Adam Back, CEO Blockstream (second from right) speaks at Consensus Hong Kong 2025 by CoinDesk (CoinDesk/Personae Digital)

Markets

Trump-Linked American Bitcoin Stock Falls Below IPO Price After 15% Plunge

The bitcoin miner, 80% owned by Hut 8 and 20% by Trump family members, saw its stock slide below its $6.90 IPO price just one day after listing on Nasdaq.

Eric Trump, Co-Founder & Chief Strategy Officer, American Bitcoin speaks at Consensus 2025. (CoinDesk)

Markets

Trump-Linked American Bitcoin Soars 60%, Targets $2.1B Share Sale After Nasdaq Debut

The company began trading Wednesday under the ticker “ABTC” after completing its merger with Gryphon Digital Mining.

American Bitcoin co-founder Eric Trump at SALT Wyoming in August 2025. (Helene Braun/CoinDesk)

Markets

Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMorgan

The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month.

ASIC bitcoin miners

Markets

Businesses Are Absorbing Bitcoin at 4x the Rate It Is Mined, According to River’s Research

River’s new flow map suggests companies absorb around 1,755 BTC per day versus approximately 450 mined, with funds and ETFs adding more demand.

Bitcoin

Markets

Bitcoin Miner IREN's AI Push Gains Momentum, Price Target Hiked 60% to $37: Canaccord

The broker noted IREN's recent designation as an NVIDIA preferred partner, which came almost simultaneously with the announcement of the purchase of an additional 2,400 GPUs.

Bitcoin mining machines

Markets

Trump-Backed Bitcoin Miner American Bitcoin Targets September Nasdaq Debut

The miner 80% owned by Hut 8 is finalizing a merger with Gryphon ahead of listing. Trump brothers hold the other 20% stake.

Eric and Donald Tump Jr. in New York City in August. (Spencer Platt/Getty Images)

Tech

The Protocol: Bitcoin Mining Faces New Challenges as Power Costs Eat Profit

Also: Bitcoin Liquid Staking News, Optimism and Flashbots Team Up, Hemi Labs Raises $15M.

CoinDesk

Markets

Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 plant

Finance

Bitcoin Miner Hut 8 Surges 10% on 1.5GW Expansion Plans

Investment bank Roth Capital said the move had the potential to "materially re-rate the stock."

A Hut 8 mining facility (hut8.io)