News
Labeled for “energy-intensive use cases,” the facilities in Texas, Louisiana and Illinois could support both Bitcoin mining and artificial intelligence workloads.
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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.
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UAE’s holdings were previously speculated to be as much as 420,000 Bitcoin from sources such as criminal seizures. The new figures are far less impressive.
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Tariffs slam US Bitcoin miners with nine-figure bills, Polkadot courts Wall Street, SharpLink loads up on ETH and Beijing hints at a yuan-backed stablecoin pivot.
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US Bitcoin miners face mounting costs and regulatory pressure as the trade war reshapes the industry.
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TeraWulf’s chief strategy officer, Kerri Langlais, said Google has become its largest shareholder, providing “powerful validation” from a leading tech giant.
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ASICKey executive Samuel Li said that solo Bitcoin miners have a one in 650,000 chance of solving a block every 10 minutes with one petahash of hashpower.
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With 93% of all Bitcoin already mined, the race for the remaining coins is intensifying. Here’s how it impacts scarcity, mining rewards and the future of the network.
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BitMine and SharpLink are raising over $25 billion to expand Ether treasuries as US debt hits $37 trillion, fueling bullish crypto market sentiment.
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Hive Digital’s fiscal Q1 2026 revenue jumped 44.9% in its mining segment and nearly 60% in its HPC unit.
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Galaxy Digital secured $1.4 billion to expand its Texas Helios AI data center, expecting $1 billion in annual revenue from a 15-year CoreWeave partnership.
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Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier.
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Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025.
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The Bitcoin miner’s pivot into AI infrastructure hosting includes a decade-long colocation agreement with Fluidstack, backed by Alphabet’s Google.
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Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry.
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Tether and Rumble have offered to acquire all shares of AI infrastructure operator Northern Data in a $1.17 billion deal that would make Tether Rumble’s top shareholder.
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