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

HIVE buys $58 million Toronto plot for AI facility; shares climb

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

By Olivier AcunaMay 18, 2026

Finance

CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss

CleanSpark reported a net loss of $378.3 million for the quarter ending on March 31, a steep increase from the $138.8 million loss reported the same period last year.

By Olivier AcunaMay 12, 2026

An engineer works with bitcoin mining rigs (Shutterstock)

Markets

Bitcoin miner MARA sold $1.5 billion of bitcoin as it shifts toward AI infrastructure

While the miner said bitcoin remains its operational foundation, first-quarter results point to a company increasingly built around power, data centers and AI demand.

By Shaurya MalwaMay 12, 2026

Finance

Core Scientific sold $208 million of bitcoin in Q1 as AI pivot continues

The firm's AI pivot relies on a 590 MW contract expansion with CoreWeave, projected for $10.2 billion in revenue over 12 years.

By Francisco Rodrigues, AI BoostMay 7, 2026

Finance

Hut 8 shares jump over 30% on news of $9.8 billion AI data center lease

Bitcoin miner expands into AI infrastructure with long-term hyperscale contract in Texas, which includes options that could increase the total value of the agreement to over $25 billion.

By Olivier AcunaMay 6, 2026

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

Finance

Trump-linked American Bitcoin shares spike over 12% after announcing more mining power

The Trump family-linked mining and treasury company announced 11,298 additional bitcoin mining ASICs at its Drumheller site.

By Olivier AcunaApr 22, 2026

Markets

HIVE, Keel push deeper into AI data centers with capital raise, asset sale

HIVE raises $115M to expand data centers while Keel exits Latin America, redirecting funds into HPC and AI as both stocks climb 4%.

By James Van StratenApr 22, 2026

An engineer sits at a bank of crypto mining rigs.

Finance

Core Scientific seeks $3.3 billion bond sale to further AI data center pivot

The company is building six AI data centers, leased to CoreWeave for 12 years, and is expected to generate approximately $10 billion in revenue.

By Francisco RodriguesApr 21, 2026

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Finance

UK gas-investment firm weighs bitcoin mining, draws criticism

Reabold Resources' gas field is so large it could theoretically mine 50,000 BTC, local media said. The firm said it will test bitcoin mining before pivoting to data centers.

By Olivier AcunaApr 20, 2026