News
Canaan‘s pilot program will use the miner‘s liquid cooling systems to supplement the power needed to heat intake water for greenhouses, helping grow tomatoes.
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Mining News
Mining is the process of adding and validating transaction records on the Bitcoin public blockchain ledger while securing uptime for the network. This is how the network persists without relying on trusted third parties using vulnerable, centralized infrastructure. Mining is also used to distinguish legitimate Bitcoin (BTC) transactions from attempts at double-spending, which is when a user attempts to re-spend money that has already been spent somewhere else.
What miners are actually doing is continually guessing for a specific number (the nonce) designated in the header of the following block, which has a predetermined number of zero bits. When they guess the correct number after using extensive computation power, they solve the proof-of-work and are rewarded with the protocol currency, BTC. This simultaneously serves as the minting process for Bitcoin.
Bitcoin mining has come a long way since the network’s launch in 2009. In the early days, mining was how one would participate within the Bitcoin economy, using relatively modest computation resources such as an average consumer-grade laptop to allocate hashing power to solving the proof-of-work algorithm and earn Bitcoin from the block subsidy, all while securing the network.
Since then, mining has become a multibillion-dollar global industry, with massive operations and facilities around the world using incredible amounts of resources to compete for the block rewards of many different cryptocurrencies, all the while providing critical infrastructure and security to these networks.
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The company continued to diversify into the AI and high-performance computing sectors in 2025, with major deals and credit expansions.
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BitVentures has launched a US-based crypto mining operation weeks after rebranding, marking its first operational move into digital assets after years of losses.
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Bitfarms will exit Latin America after selling a $30M Paraguay facility, shifting operations to North America as it pivots toward AI and HPC.
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A major investment bank said it was upgrading shares of TeraWulf to “outperform,” based in part on its "build-out" strategy.
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Russia’s Justice Ministry proposed fines and prison for illegal crypto mining, as officials say most miners still haven’t joined the tax register.
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Bitcoin mining difficulty closed 2025 near record levels and is expected to climb again in January as faster block times trigger an upward adjustment.
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Discounts and bundle deals were offered to mining operators, as 2025 ends on a bad note for the crypto market and the mining industry.
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Bitcoin has often surged after sustained hashrate drops, a trend that would provide much-needed relief to many struggling Bitcoin miners at current prices.
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Libya’s cheap power fueled a hidden Bitcoin mining boom, straining the grid and forcing authorities into an escalating crackdown.
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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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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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