Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining
Cango Inc.’s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million...
Bitcoin Miners
Bitcoin Hashrate Slips Below 1 Zettahash as Miner Revenue Remains Thin
Bitcoin’s hashrate has slipped beneath the 1 zettahash per second (ZH/s) mark as miner income remains painfully thin, with the...
The ‘Hyperbolic’ Era Ends: Wintermute Report Reveals Structural Shift for Bitcoin
Over the past decade, bitcoin mining thrived on predicting price surges after halvings. However, a new report by Wintermute indicates...
From Blackouts to Bitcoin: South African Power Utility’s Surreal Pivot to High-Intensity Power Sales
Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies....
Startup Starcloud Plans First Bitcoin Mining Satellite in Low-Earth Orbit
A Washington startup says the next frontier for computing—and possibly bitcoin mining—may orbit hundreds of miles above Earth. Bitcoin Mining...
Morgan Stanley Backs Core Scientific With up to $1B Financing for Data Center Growth
Core Scientific has secured a major financing arrangement with Morgan Stanley that could provide up to $1 billion to support...
Core Scientific to Sell 2,500 Bitcoin as Company Pivots Toward AI
Core Scientific expects to sell most of its 2,500 BTC holdings in Q1 2026 to strengthen liquidity and fund AI-focused...
Bitcoin Miners Power Back Above 1 Zettahash — But Profits Hover Near Historic Lows
Bitcoin miners are back to business as usual after last month’s Arctic blast iced operations across the U.S., and the...
MARA Revenue Dips 6% in Q4 as Production Slows and Asset Values Tumble
Marathon Holdings’ Q4 2025 revenue declined 6% to $202.3 million, primarily due to a 14% drop in the average price...
Trump-Linked American Bitcoin (ABTC) Posts $59M Q4 Loss as Bitcoin Slump Hits Treasury Holdings
American Bitcoin Corp., the Trump family-linked mining company, reported a fourth-quarter net loss of $59 million as bitcoin prices fell,...
Bitcoin Difficulty Whipsaws From 11% Slide to 14.73% Climb in 2 Weeks
Following the prior difficulty recalibration that occurred 2,016 blocks ago—roughly two weeks back on Feb. 7—the Bitcoin protocol has now...
Bitcoin Miners Pull 36K BTC From Exchanges In Weeks: What Comes Next?
Bitcoin continues to struggle to reclaim the $70,000 level, with price action increasingly confined to a broad range above $60,000....
Bitcoin Miner Soluna Expands Behind-the-Meter Capacity in Texas via Blockware Pact
Soluna Holdings is deepening its ties with Blockware, adding 6 megawatts (MW) of capacity at Project Dorothy 1 in West...
After an 11% Difficulty Cut, Bitcoin Is Poised for Aggressive Recalibration
While bitcoin just posted its steepest difficulty decline since China’s 2021 mining purge, the network has already found its footing,...
Canaan Posts Sharp Q4 Revenue Rebound as Bitcoin Mining Demand Heats Up
Bitcoin mining rig maker Canaan delivered a dramatic fourth-quarter turnaround, with revenue more than doubling as bitcoin miners rushed back...
