News
US authorities launched the “Operation Red Sunset” probe into Bitmain last year over potential espionage and grid risks.
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Cloud Mining News
Cloud mining allows the use of computing power for data processing centers and mining cryptocurrency without the need of buying special equipment, software, spending on electricity and so on. The main idea of cloud mining for Bitcoin, — which is also called cloud hashing — is that the user buys some computer power of the machinery set up in such data centers after agreeing on a cloud mining contract and do mining via cloud. Cryptocurrency cloud mining has many advantages for those who are not so technically skilled and are not ready to compile the equipment and set the special software. Besides that, this is a great opportunity for people living in countries with a too high cost for electricity to set up their own mining farms.
- News
Bitcoin miner BitFuFu decreased its revenue from self-hosted mining operations by 60% in 2025 in a push to cloud mining.
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A solo Bitcoin miner hit a rare jackpot of more than $200,000 after validating a block through $75 worth of rented hashrate.
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Canaan has acquired a stake in three operating Texas mining facilities with 120 MW of power and 4.4 EH/s of hashrate, expanding its footprint in infrastructure operations.
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MARA acquires a 64% stake in French computing infrastructure operator Exaion, expanding into AI and cloud services as Bitcoin miners pivot toward data center revenue.
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A solo Bitcoin miner earned 3.146 BTC worth $266,000 with a computing power of only 1.2 TH/s, beating massive odds.
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Cloud miner BitFuFu says third-quarter sales hit $180.7 million as more users rented hashrate and snapped up rigs to ride Bitcoin’s post-halving price surge.
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Iran’s energy chief says 95% of the country’s 427,000 crypto mining rigs operate illegally, consuming massive power and destabilizing the national grid.
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The latest push follows TeraWulf’s earlier $3 billion financing effort with Morgan Stanley and Google’s $1.4 billion backstop, plus a $3.7 billion hosting deal with Fluidstack.
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Large Bitcoin mining companies are looking to expand into AI services for new sources of revenue amid post-Bitcoin-halving pressure.
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KuCoin’s new cloud-mining platform is aiming to control 10% of Dogecoin mining capacity, while offering investors new opportunities to invest in hashrate.
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With Bitcoin’s hashrate near all-time highs, solo miners continue to land full block rewards, thanks to efficient ASICs and a heavy dose of luck.
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Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet.
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Bitdeer aims to become a fully vertically integrated Bitcoin miner after the Canada project acquisition, but its stock performance continues to struggle.
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The cloud mining firm will be buying the latest Bitmain S-series miners, including the higher hashrate S21 XP and S21 Pro models.
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