Mining

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

5 min read

Bitcoin Mining Giant Bitdeer Liquidates Entire Bitcoin Holdings

Bitdeer sold 943.1 BTC from reserves and has raised $325M amid plans for AI and HPC expansion.

ByNima ‎

4 min read

Bitcoin Mining Difficulty Jumps 15% in Largest Increase Since 2021

Hashrate rebounded above 1 ZH/s after storm outages, but miner revenue lingers near $28 per PH per day, squeezing smaller firms as BTC tests $60K support.

ByNima ‎

5 min read

Paradigm Defends Bitcoin Mining’s Grid Benefits in New Report

The report says miners use just 0.23% of global energy, often tap surplus renewables, and even cut Texas grid costs by joining shutdown programs.

ByNima ‎

5 min read

Cango Sells Half of Its Bitcoin Holdings To Settle Debt and Fuel AI Pivot

Cango sold 4,451 BTC for $305M in USDT, paid off a bitcoin-backed loan, and plans to reuse 40+ global sites to offer AI inference services.

ByNima ‎

4 min read

Bitcoin Mining Difficulty Drops 11%, Biggest Cut Since China’s Ban

Winter Storm Fern knocked ~200 EH/s offline, slowing blocks to 11–12 minutes as U.S. miners shut down; hashprice sank to ~$28–$33, forcing rigs off.

ByNima ‎

4 min read

Tether Releases MiningOS: Open-Source Bitcoin Mining Software

Unveiled in El Salvador, MiningOS offers a single dashboard, peer-to-peer hosting, Apache 2.0 licensing, and an open SDK for miners of any size.

ByNima ‎

5 min read

Bitcoin Hashrate Drops as US Miners Enter Curtailment Amid Severe Storm

Foundry USA’s hashrate plunged about 60%, pushing block times to as long as 14 minutes, yet bitcoin’s price and transaction fees barely moved.

ByNima ‎

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.