Mining Operations & Hashrate
13 stories
Hyperscale Data Halts Bitcoin Mining to Pursue $1.2B AI Data Center Deal
Hyperscale Data has ended all Bitcoin mining at its Michigan site, selling off equipment and slashing its BTC holdings by 79% as it pivots to a long-term AI data center contract that could reshape its business model
Bitcoin Mining Hashrate Stalls as AI Demand Redirects Power
Bitcoin's network hashrate has failed to recover to previous highs for over 10 months, as miners increasingly shift power and infrastructure to artificial intelligence and high-performance computing, complicating the usual rebound after price rallies
OCEAN Mining Buys Out Luke Dashjr as New Bitcoin Pool Remains Unproven
OCEAN Mining has bought out co-founder Luke Dashjr, ending his leadership and equity stake. Dashjr plans to launch a new mining pool, CONVOY, but its operational status and miner migration remain unverified.
Cloud Mining Platforms Raise New Questions for Crypto Users
Cloud mining lets users rent remote computing power to earn crypto without owning hardware, but shifting fees, contract terms, and provider risks mean returns are far from guaranteed-especially as mining difficulty and market prices fluctuate
Canaan's July Hashrate Includes Paused Ethiopia Mining Operations
Canaan's July mining report counted nearly 35% of its global operating hashrate from paused Ethiopia sites, raising questions about how much capacity was actually active and complicating comparisons for investors and analysts
Bitcoin Miner MGT Issues 1.65 Billion Shares Amid Zero Revenue
MGT Capital, a dormant Bitcoin mining company, issued 1.65 billion new shares to raise capital after reporting no revenue and holding 35 idle mining machines, highlighting the risks of dilution and operational uncertainty for investors
MARA Pledges 18,750 BTC as Collateral for AI Data Center Bet
MARA Holdings sold most of its mined Bitcoin and pledged over half its reserves as collateral for $600 million in loans, fueling an AI data center acquisition while leaving key collateral and margin-call details undisclosed
Russia Bans Bitcoin Mining Across Moscow Region Until 2032
Moscow, Moscow Oblast, and parts of Kursk face a Bitcoin mining ban from mid-August through 2032 as officials cite grid strain and a projected multi-gigawatt data-center load on regional power systems
SBI Crypto Shuts Down Bitcoin Pool as Network Centralization Rises
SBI Crypto has ended its Bitcoin mining pool service, coinciding with a period when three major mining pools collectively controlled 60% of the network's hashrate, raising new questions about centralization risks for Bitcoin.
NiceHash Expands Hashrate Trading, Redefining Bitcoin Mining Access
NiceHash's global hashrate marketplace is changing how miners, enterprises, and institutions access and trade Bitcoin mining power, offering new flexibility, liquidity, and operational strategies beyond traditional mining pools
NiceHash Expands Hashrate Marketplace and EasyMining Bitcoin Service
NiceHash is reshaping Bitcoin mining by letting users buy and sell hashrate, access freshly mined Bitcoin, and settle in USDT, offering new flexibility for individuals and institutions.
Bitcoin Miners Shift Billions to AI Amid Mining Revenue Squeeze
Major Bitcoin mining firms are redirecting capital and power to AI data centers as mining profits fall, but this strategic pivot could backfire if Bitcoin prices rebound and AI demand lags behind expectations
Fortitude Opens 12 MW Nebraska Site to Lower Zcash Mining Costs
Fortitude has launched a 12-megawatt Zcash mining facility in Nebraska, aiming to reduce its per-coin mining costs by leveraging lower electricity rates and more efficient hardware. The move could impact ZEC mining economics and competition.