Mining

News, trends, and insights from the world of Bitcoin mining, from hardware updates to network activity and profitability.

7 min read

Canaan Launches 3 MW Heat Recovery Pilot at Canadian Greenhouse

Canaan’s Avalon® computing system to supplement electric-boiler heating at a greenhouse in Manitoba.

ByBitcoin News

4 min read

Russia Plans Jail and Forced Labor for Illegal Bitcoin Mining

Only about 30% of miners are registered, and authorities say underground farms caused power shortages and 1.3B rubles in electricity losses.

ByNima ‎

4 min read

Sberbank Makes History With Russia’s First Bitcoin-Backed Loan

The pilot deal used Sberbank’s own digital custody system, locking the mined bitcoin as collateral and preventing the borrower from accessing it until repayment.

ByNima ‎

5 min read

Bitmain Cuts ASIC Prices as Industry Struggles to Stay Profitable

Bitmain is bundling hosting at 5.5–7¢/kWh and locking in ultra-low prices for 2026 deliveries, as hashprice falls below breakeven and miners power down rigs.

ByNima ‎

5 min read

Russia and US Discuss Using Ukraine's Nuclear Plant for Bitcoin Mining

All six reactors at Zaporizhzhia nuclear plant have been shut since 2022, and Moscow says talks even cover joint management without Kyiv as the IAEA warns safety rules are violated.

ByNima ‎

5 min read

MicroBT Takes Bitcoin Mining Into the Petahash Era with 1.35 PH Miner

Unveiled at Bitcoin MENA 2025 in Abu Dhabi, MicroBT’s new WhatsMiner lineup targets efficiency as mining income sinks near $35 per PH/s.

ByNima ‎

4 min read

Texas Faces Energy Crunch as AI Data Centers Overtake Bitcoin Miners

AI campuses are filing record-size power requests, as Texas screens “special handling” projects to avoid phantom loads straining the grid.

ByNima ‎

4 min read

Bitcoin Hashprice Falls to Lowest in a Decade: What Does it Mean?

Bitcoin hashprice hits a decade low as mining difficulty and low transaction fees squeeze miner revenue despite Bitcoin’s still-high price.

ByNima ‎

8 min read

From Dorm Room to First ASIC: Inside Canaan’s Bitcoin Revolution

Canaan CEO Nangeng Zhang shares how a dorm-room rig became the first ASIC miner, and why home mining, AI compute, and clean energy define Bitcoin’s future.