Russia has proposed a new draft bill seeking to crack down on unregistered cryptocurrency miners in the country, following concerns from the finance minister about illegal mining activity. Russia’s Ministry of Justice has proposed imposing […]
Bitmain cut prices on Bitcoin mining rigs on Dec. 23 after miner revenue per unit of hashrate fell in November. The discounts, which extend to current-generation hydro and immersion products, are landing in a cycle […]
The Bitcoin (BTC) network mining difficulty, the relative computing challenge of adding a new block to the ledger, increased slightly to 148.2 trillion in the last adjustment of 2025 and is projected to rise again […]
Bitmain, the largest manufacturer of application-specific integrated circuits (ASICs), the machines used to mine proof-of-work (PoW) cryptocurrencies, has reportedly slashed prices on several generations of mining hardware amid sector-wide turmoil for the mining industry. The […]
Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts […]
Bitcoin’s “miners are dumping” story is comforting in the way simple stories always are. Price slides, miners run out of oxygen, coins hit exchanges, and the price is shoved around by a single, easy villain. […]
Key takeaways Libya’s cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners. At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate. Mining operates […]
Search engine giant Google has emerged as a silent architect behind Bitcoin miners’ rapid pivot towards artificial intelligence (AI). Instead of acquiring mining firms, the Alphabet-owned company has provided at least $5 billion of disclosed […]
Key takeaways Tajikistan has criminalized the use of stolen electricity for cryptocurrency mining, introducing fines of up to $8,250 and prison sentences of up to eight years. The move follows an energy crisis in which […]
Bitcoin mining company Hut 8 signed a 15-year, $7 billion lease to deliver 245 megawatts of artificial intelligence data center capacity at its River Bend campus in Louisiana, marking one of the biggest infrastructure agreements […]
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