News
The 15-year agreement anchors Hut 8’s shift toward long-duration AI infrastructure revenue as hyperscalers seek power-first compute capacity.
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Bitcoin Mining News
Bitcoin mining involves solving complex mathematical puzzles, validating transactions and securing the network. Miners compete to find the correct hash, adding new blocks to the blockchain and earning rewards in the form of newly minted Bitcoin (BTC). Notably, a new Bitcoin block is mined every 10 minutes on average.
Bitcoin mining has undergone a significant evolution since its early days. Initially, miners utilized CPUs and GPUs for mining. As demand increased, specialized hardware called ASICs (application-specific integrated circuits) emerged, drastically enhancing mining efficiency. In recent years, a noteworthy trend has been the shift toward renewable energy sources for mining operations. Miners are increasingly adopting eco-friendly solutions, minimizing the environmental impact of energy-intensive mining processes.
Mining can be done individually (solo mining) or collaboratively in groups (mining pools). Solo miners solve blocks independently, receiving the entire reward. In contrast, mining pools combine computational power, share profits and increase the chances of earning rewards collectively. This collaborative approach has become popular due to its steadier income stream.
- Markets News
Bitcoin buying power from institutions flipped the daily mined BTC supply for the first time since the start of November, new data showed.
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It’s estimated that Bhutan has around 11,286 Bitcoin in total, a stash worth over $986 million, making it the fifth-largest known holder among countries.
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Corporate Bitcoin buying continued as American Bitcoin surpassed ProCap, even as proxy stocks declined and volatility gripped the crypto market.
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Former Canaan co-chair Jianping Kong asserted that Bitcoin’s 10% hashrate fall in one day was caused by about 400,000 mining rigs shutting down in China’s Xinjiang region.
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Tajikistan’s new law criminalizing unauthorized crypto mining shows how global energy shortages are reshaping digital asset regulation.
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Bhutan signs an MoU with Cumberland DRW to support Bitcoin reserve management and explore stablecoins, mining and AI compute in Gelephu Mindfulness City.
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Bitcoin mining’s hash price, a critical metric for determining profit margins in the industry, is hovering near record lows.
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Bitcoin miners Marathon Digital Holdings, Riot Platforms and Hut 8 are already in the top ten largest public companies holding Bitcoin.
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HIVE’s Colombia listing provides Andean investors with access to the growing digital infrastructure sector as Bitcoin miners shift their focus toward AI and HPC.
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ERCOT reported a record surge in large-load requests, with AI data centers surpassing Bitcoin miners and reshaping Texas’ grid planning and reliability outlook.
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CoreWeave plans a $2 billion convertible note offering as it scales AI infrastructure, following a yearlong pursuit of Core Scientific for added power capacity.
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Bitcoin miners face record margin pressure as proxy stocks sink, Kalshi lands $1B funding and Ether derivatives volumes overtake Bitcoin on CME.
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Elon Musk’s viral comments on Bitcoin’s intrinsic ties to energy and physics signal a changing attitude toward Bitcoin from Tesla’s founder.
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IREN closed trading on Wednesday up nearly 7%, slightly recovering from a major drop on Tuesday after sharing plans for its latest capital raising effort.
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