Mining


Markets

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.

BTC: Hash Ribon (Glassnode)

Tech

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.

Bitcoin mining machines (Shutterstock, modified by CoinDesk)

Markets

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.

Racks of mining machines.

Finance

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.

Tether

Markets

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.

Looking down the path on top of China's Great Wall as it winds over a mountain ridge.

Markets

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.

Bitdeer Share Price (TradingView)

Markets

Riot Platforms Shares Jump Pre-Market After Posting Unexpected Profit on Record Revenue

Strong bitcoin mining performance and data center expansion drive momentum.

Racks of mining machines.

Markets

Bitcoin Mining Hits Toughest Level Yet While Hashprice Slides

A soaring hash rate has pushed difficulty to 150.84T, leaving miners facing shrinking profitability.

(Glassnode)

Finance

DL Holdings Spends $41M In Push to Become Hong Kong’s Top Publicly Traded Bitcoin Miner

The purchase brings DL's mining fleet to 5,195 machines, with a hashrate of 2.1 exahashes per second (EH/s).

Data center servers (Taylor Vick/Unsplash)

Markets

Cipher Mining Prices $1.1B Upsized Convertible Note Offering

Proceeds are intended to support Barber Lake buildout, HPC expansion, and capped call transactions to reduce share dilution.

CIFR (TradingView)