News
Soluna expanded into artificial intelligence in 2024 to shore up declining revenues from its crypto mining business, mirroring an industry-wide shift toward AI 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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Arkham data linked a 500 BTC outflow to Riot Platforms, worth roughly $34 million, as Bitcoin miners and treasury companies navigate listing pressures and volatile market conditions.
637 - News
Bitfarms said it was impacted by a decline in Bitcoin prices last year. The company is now five months into its pivot from Bitcoin mining to HPC and AI.
1060 - News
F2Pool co-founder Wang Chun’s decision to sell a Thai condo once bought for 2,900 BTC for just 7 BTC illustrates the opportunity cost of spending Bitcoin early.
1070 - News
While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate.
1565 - Market Update
Onchain data shows inflows to accumulation addresses topping 67,000 BTC, while total outflows from Bitcoin miners fell to levels not seen since 2024.
1258 - Analysis
Yields for five-year US Treasury bonds are up 4%, putting a damper on Bitcoin price, which has ended the month much where it started.
1706 - News
US authorities launched the “Operation Red Sunset” probe into Bitmain last year over potential espionage and grid risks.
2639 - News
MARA Holdings sold 15,133 Bitcoin for roughly $1.1 billion in March to buy back $1 billion of zero-coupon convertible notes at a discount, reducing its convertible debt by roughly 30%.
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CoinShares says up to 20% of Bitcoin miners may be unprofitable at current hashprice levels, particularly those running older machines or paying higher power costs.
1679 - News
Swan Bitcoin claims that Howard Lutnick may have known about its failed Tether mining venture, after which employees allegedly stole documents, resigned and launched a rival firm.
1859 - News
Bhutan moved 519 Bitcoin from its state-linked wallet, extending a March drawdown that has cut its sovereign stash far below 2024 levels.
2232 - News
Omnes and Apex plan to issue a tokenized Bitcoin mining debt note on Base, giving eligible non-US investors exposure to hashrate-linked returns.
2062 - News
Bitcoin’s mining difficulty just logged its second sizeable cut of 2026, easing conditions for remaining miners as competition from artificial intelligence data centers rises.
4027 - News
Bitcoin miner BitFuFu decreased its revenue from self-hosted mining operations by 60% in 2025 in a push to cloud mining.
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