#Mining
94 articles tagged with this topic
Amsterdam protesters break into Microsoft data center construction site: Report
Dutch police said they detained 150-200 people for trespassing during the protest.…
Eric Trump's Bitcoin company makes $126 million in profits, but there's a problem
Eric Trump's Bitcoin business is making $126 million in profits, but rising mining costs and lower revenues are a cause for concern.…
Bitcoin ETFs bought nearly twice what miners produced in Q3—but $430 million left on Thursday
Concentrated Q3 buying and falling older-holder balances leave sustained absorption unproven as November withdrawals meet the next US jobs r…
Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool
Zcash’s NU7 upgrade has rendered about $15 million in legacy Sprout funds unspendable, although a future network upgrade could potentially r…
Core Scientific to quit Bitcoin mining by year-end as AI business surges
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of …
American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI
The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising m…
Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million
Bitcoin Magazine Core Scientific (CORZ) to Exit Bitcoin Mining by Year-End as Colocation Hits $215 Million Core Scientific will finish wind…
Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading
Bitcoin Magazine Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading Bull Bitc…
Keel (KEEL) Sells Entire Bitcoin Treasury for $192 Million, Will Sell BTC Daily
Bitcoin Magazine Keel (KEEL) Sells Entire Bitcoin Treasury for $192 Million, Will Sell BTC Daily Keel sold 2,520 bitcoin in the third quart…
Riot (RIOT) Names Anthropic as Tenant in $28 Billion Texas Lease, Could Owe It 12% Interest
Bitcoin Magazine Riot (RIOT) Names Anthropic as Tenant in $28 Billion Texas Lease, Could Owe It 12% Interest Riot's 10-Q identifies Anthrop…
American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million
Bitcoin Magazine American Bitcoin (ABTC) Posts $126 Million Profit as Holdings Gain $197 Million American Bitcoin swung to about $126 milli…
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss
Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center …
Bitcoin miners’ daily revenue per unit of computing power falls 8.7%
Nearly flat implied network growth offers limited relief when hedges still leave miners exposed to costs and delivery. Read the full story o…
Riot (RIOT) and Hut 8 (HUT) Sell Thousands of Bitcoin to Fund AI Ventures, Share Buybacks
Bitcoin Magazine Riot (RIOT) and Hut 8 (HUT) Sell Thousands of Bitcoin to Fund AI Ventures, Share Buybacks Riot has sold 20,264 bitcoin th…
Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows
Bitcoin Magazine Tether Holds 150,000 Bitcoin CEO Says, 50,000 More Than Its Reserve Report Shows Tether CEO Paolo Ardoino said in Lugano t…
Buyer price drops, but China is paying record amounts: what's going on?
Copper prices are falling despite record prices in China. Declining stocks, Trump's import plans and stock market fears are putting pressure…
AI wants Bitcoin miners’ power, but the contracts reveal who really gets paid
Bitcoin miners spent years securing cheap electricity, building substations, and negotiating the grid connections needed to power their oper…
Coinbase leads crypto stock selloff following $6.3B Binance hack
Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.…
Bitcoin mining difficulty hits 148 trillion as revenues fall to three-month lows
At October 30’s hashprice, a 25 J/TH rig covers power costing about 5.45 cents/kWh after an assumed 2% pool fee. Read the full story on Cryp…
Zcash grants group offers $124M compromise as governance backlash grows
Zcash Community Grants proposed redirecting about $124 million in existing and future funding toward mining rewards, but critics say the pla…
FutureBit Apollo Solo Miner Finds Bitcoin Block 973262, Earning 3.154 BTC
Bitcoin Magazine FutureBit Apollo Solo Miner Finds Bitcoin Block 973262, Earning 3.154 BTC A miner running FutureBit’s Apollo Solo setup fo…
Senator Bill Hagerty: Expanding the U.S. Strategic Bitcoin Reserve, & the Future of Dollar Hegemony
▶Bitcoin Magazine Senator Bill Hagerty: Expanding the U.S. Strategic Bitcoin Reserve, & the Future of Dollar Hegemony Sen. Bill Hagerty exp…
Luxor Announces $16M Funding Round to Scale AI Compute, Derivatives
▶Bitcoin Magazine Luxor Announces $16M Funding Round to Scale AI Compute, Derivatives Luxor raises $16M to scale AI GPU compute. Ethan Vera…
Bitcoin has soared 50% on average after midterms. The S&P 500 has gained 15%.
Both bitcoin and the S&P 500 have historically produced positive returns in a year after midterms. BTC's pattern, however, could also be exp…