Bitcoin Mining

A collection of 87 posts

Bitcoin Mining

SEC Meets on Crypto Rules as Miners Pivot and Trezor Leak Rattles Users

Bitcoin slipped to $62,907 on Thursday morning, falling below its daily EMA20, EMA50, and EMA200 moving averages as the Fear and Greed Index registered 29, deep in fear territory. Despite the spot price weakness, Bitcoin ETF inflows reached $850M, suggesting institutional demand has not fully retreated even as the

Jeffrey Epstein

Epstein’s 2018 Bitmain Investment Deal That Came Down to the Wire

Newly released documents from the Jeffrey Epstein files reveal that in August 2018, at one of the Bitcoin mania heights, Epstein and his inner circle were actively negotiating a direct investment in Bitmain, the Chinese Bitcoin and crypto mining hardware giant then valued at roughly $14 billion and eyeing a

Bitcoin Mining

Bitcoin Mining Pressures Mount as Marathon Signals Possible Reserve Sales

Marathon Digital has formally opened the door to selling its Bitcoin reserves, marking a significant break from the long‑standing pledge to hold its coins indefinitely. The company disclosed the policy change in a 10‑K filing on Monday, telling regulators it may begin selling not only newly mined Bitcoin

Bitcoin Mining

Russian Tax Authority Targets BitRiver as Crypto Mining Project Collapses

Russia's Federal Tax Service has filed a bankruptcy petition against BitRiver cryptocurrency mining group. The action targets issues arising from a large scale data center project in the Republic of Buryatia that failed to become operational. Local courts in the region are now handling the proceedings. The data

Bitcoin Mining

Bitdeer Bitcoin Mining Liquidates Entire BTC Holdings Down to Zero

Bitcoin mining company Bitdeer has reduced its corporate BTC holdings to zero, following the complete liquidation of its remaining reserves. The Nasdaq-listed miner, trading under the ticker BTDR, reported this development in its latest weekly production update released over the weekend. The company produced 189.8 BTC during the

Bitcoin Mining

US Taiwan Trade Agreement Lowers Tariffs on Bitcoin Mining Supply Chains

The United States and Taiwan have reached a major trade agreement that reduces tariffs on Taiwanese imports and directs significant funding toward building semiconductor facilities on American soil. Reports from Bloomberg indicate the deal was finalized this week, with the White House highlighting its role in strengthening domestic chip production.

Bitcoin Mining

Canaan Launches Bitcoin Mining Heat Project for Sustainable Greenhouse Operations in Canada

Hardware manufacturer Canaan has introduced a new proof-of-concept project that combines Bitcoin mining operations with agricultural applications. The initiative deploys liquid-cooled computing equipment to capture and reuse waste heat in a commercial greenhouse located in Manitoba, Canada. Announced on Tuesday, the pilot aims to demonstrate how high-

Bitcoin Mining

Bitfarms Sells Paraguay Bitcoin Mining Site to Boost North American AI Growth

Bitfarms Ltd. announced on Friday that it has agreed to sell its 70-megawatt Paraguay Bitcoin mining facility for up to $30 million. The transaction marks the company’s complete exit from Latin America as it redirects resources toward higher-return opportunities. The buyer is Sympatheia Power Fund, managed by

Tether

Tether Expands Bitcoin Mining Operation With Purchase of Peak Mining

Northern Data, the German data center operator majority owned by stablecoin issuer Tether, has completed the sale of its Bitcoin mining subsidiary Peak Mining. The transaction, valued at up to $200 million, transfers ownership to a group of companies controlled by senior Tether executives. This move aligns with Northern Data&

Bitcoin Mining

Bitcoin Hash Rate Drop Aligns with Historical Bullish Recovery Trend

Bitcoin's network hash rate has experienced a notable 4% drop over the past month, marking the most significant decline since April 2024. This shift comes amid ongoing challenges for miners following the latest Bitcoin halving event, which reduced block rewards and intensified pressure on operational margins. Analysts at

Bitcoin Mining

Hut 8 Expands Beyond Bitcoin Mining into Artificial Intelligence with Anthropic Partnership

Hut 8 Corp has announced a significant partnership with AI developer Anthropic and compute provider Fluidstack to build hyperscale data center infrastructure across the United States. This collaboration positions the company, traditionally known for its roots in Bitcoin mining, as a key player in powering advanced artificial intelligence operations. The

Bitcoin

Trump Sons' American Bitcoin Venture Declines 50% Amid Market Volatility

Shares in American Bitcoin, a cryptocurrency mining company backed by President Donald Trump's sons, fell sharply on Tuesday, December 2, 2025, as early investors rushed to sell following the expiration of a lock-up period. The stock closed 38.8% lower at $1.90, erasing about $1 billion

Bitcoin Mining

U.S. Authorities Probe Bitmain Bitcoin Mining Hardware Over National Security Risks

Bitmain, the Beijing-based company that dominates the global market for Bitcoin mining equipment, has come under scrutiny from United States authorities over potential threats to national security. Reports emerged on November 21, 2025, detailing a previously undisclosed investigation led by the Department of Homeland Security. The inquiry, dubbed Operation

Bitcoin Mining

Fire Destroys Structures at BitDeer Bitcoin Mining Site in Ohio

A fire broke out at BitDeer Technologies’ Bitcoin and crypto mining facility in Massillon, Ohio hours ago, destroying two buildings under construction. Local firefighters responded quickly to the blaze at the 221-megawatt site, which remains on track for a phased energization starting in November with a full launch planned

Bitcoin

China Alleges U.S. Government Stole $13 Billion in Bitcoin Mining Pool Hack

A Chinese government agency has leveled serious charges against the United States, asserting that American authorities executed a sophisticated hack to seize over 127,000 Bitcoin from a Chinese mining operation back in 2020. The National Computer Virus Emergency Response Center released a detailed technical report on Sunday, outlining what

Bitcoin Mining

Greenidge Lands Five Year Permit in NY to Balance Bitcoin Mining and Clean Energy

Dresden New York stands as a quiet corner of upstate, where rolling hills meet the shores of Seneca Lake. Here Greenidge Generation Holdings has transformed an aging coal fired facility into a modern energy hub since acquiring it in 2016. The plant now runs on natural gas a cleaner alternative

Bitcoin Mining

Bitcoin Miners Grapple with Steep Earnings Decline After Price Slide

Bitcoin miners have entered a challenging period as their daily earnings reached the lowest levels seen since April. The cryptocurrency’s value dropped from $113,000 to $100,000 over the past week, marking a $13,000 decline that directly eroded the financial returns from mining activities. This shift has

Bitcoin

Elon Musk Links Bitcoin Strength to Unprintable Energy Amid Surging AI Demands

A recent exchange on social media between financial commentator ZeroHedge and Tesla CEO Elon Musk highlights the growing intersection of artificial intelligence, national security, and Bitcoin. ZeroHedge pointed out that the escalating costs of AI development resemble a modern arms race, with governments in the United States and China likely

Bitcoin

Treasury Secretary Bessent Discloses U.S. Government Has $17 Billion in Bitcoin Holdings

U.S. Treasury Secretary Scott Bessent shared insights into the government's approach to Bitcoin during a private dinner on October 7 with executives from the Bitcoin mining industry. The gathering included CleanSpark Executive Chairman S. Matthew Schultz and Senate Banking Committee Chairman Tim Scott. Discussions ranged from legislative

Bitcoin Mining

Crypto Miner TeraWulf Secures Google Support for $3 Billion AI Data Center Buildout

TeraWulf aims to secure around $3 billion in financing to expand its crypto mining data centers, drawing on Google's backing to fuel growth in artificial intelligence infrastructure. Patrick Fleury, the company's finance chief, shared details in an interview with Bloomberg News, highlighting the potential for a

Bitcoin Mining

Exploring Jack Dorsey’s Proto Rig and Its Impact on Bitcoin Mining

Block Inc has introduced the Proto Rig, a modular Bitcoin mining system designed to address longstanding challenges in the industry. Unveiled last month at a facility in Dalton, Georgia, the product comes from the company led by Jack Dorsey, which holds around 8,700 BTC in its treasury as of

Bitcoin Mining

Hosting Provider Sues Bitmain Over Alleged Breach of Contract Agreement

A legal battle has begun in the Bitcoin mining industry as Old Const, a hosting provider, filed a lawsuit against Bitmain, the world’s leading manufacturer of cryptocurrency mining equipment. The suit, filed in response to Bitmain’s alleged wrongful termination of a hosting agreement, accuses the mining giant of

Bitcoin

Bitcoin’s Declining Fees Threaten Long-Term Security Model: Galaxy Digital

Bitcoin’s fee market has entered a troubling phase, with transaction fees dropping and raising concerns about the network’s long-term economic security. A sharp decline in onchain activity, particularly following the fade of non-monetary use cases like Ordinals and Runes in late 2024, has left Bitcoin’s

Bitcoin Mining

Google’s $3.7 Billion Investment in TeraWulf Signals Major Shift in Bitcoin Mining

Google has taken a significant step into the crypto sector by acquiring an 8% ownership stake in TeraWulf, a leading Bitcoin mining company, as part of a $3.7 billion deal. This move positions the tech giant alongside other major players looking to bolster the infrastructure supporting Bitcoin and the

Bitcoin Mining

Greenidge Generation Sells Mississippi Bitcoin Mining Facility Amid Trump Tariffs

Greenidge Generation, a Bitcoin mining company headquartered in Connecticut, has announced the sale of its Columbus, Mississippi facility just one year after it began operations. The decision comes as the company grapples with financial difficulties and navigates a tough landscape for U.S. Bitcoin miners. According to a recent filing