Mining

IREN to expand processing capacity by 50%, prepares at-the-market offering
The company ordered more than 50,000 Nvidia GPUs and filed for a potential $6 billion at-the-market share sale, sending the stock lower in pre-market trading.

U.S. Senator probes into Binance over alleged $1.7B Iran ties
U.S. Senator Richard Blumenthal has opened an investigation into Binance following reports that $1.7 billion was transferred to Iran-linked organizations. Binance denies the claims, but is the world's largest exchange in trouble again given sanctions violations in the past? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Bitcoin hashrate drops 15% from October high as miner capitulation drags into almost 60 days
Bitcoin mining difficulty set for a 4% decline, the seventh negative adjustment in the past eight.

Two solo bitcoin miners hit rare $300,000 jackpots in the same week
Two independent miners mined full blocks and collected roughly 3.15 BTC each, an uncommon outcome in a network dominated by large pools.

Oracle TikTok deal lifts AI mining stocks as bitcoin tags $88,000
Oracle shares jumped 6% in pre-market on Friday as TikTok's U.S. agreement helped calm AI bubble fears after a volatile macro week.

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs
The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters
Underground activity expands as cheap power, miner demand and softer policy signals support a renewed mining push in key provinces in China.

Bitdeer Fell 20% on Wider-Than-Estimated Net Loss, ASIC Chip Delay
The bitcoin miner and equipment maker beat revenue estimates but posted a deeper-than-expected loss and announced an ASIC delay amid uncertain AI rollout.

Riot Platforms Shares Jump Pre-Market After Posting Unexpected Profit on Record Revenue
Strong bitcoin mining performance and data center expansion drive momentum.

Bitcoin Mining Hits Toughest Level Yet While Hashprice Slides
A soaring hash rate has pushed difficulty to 150.84T, leaving miners facing shrinking profitability.

