Bitcoin miners’ AI pivot loses Wall Street’s wow factor
New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin…
Bitdeer expands AI infrastructure with long-term $4.7B data center lease
A 16year agreement secures 121 megawatts of AI computing capacity in Norway, highlighting how crypto mining companies continue to pursue new revenue streams…
Trumps’ American Bitcoin reports record BTC output, narrower Q2 loss
Trumplinked Bitcoin miner produced a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter.…
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through yearend. Source：CoinDesk
Russia expands crypto mining ban to Moscow through 2032
Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the…
BitRiver founder charged in Russia over alleged $8M fraud
Russian authorities charged BitRiver founder Igor Runets with alleged fraud tied to a $8 million crypto mining equipment deal involving Russian billionaire…
Tennessee county passes another ban on crypto operations
A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital…
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.…
Poolin was bitcoin's biggest mining pool and now it's filing for bankruptcy
The Singaporebased company once controlled nearly a fifth of Bitcoin's global hashrate. Now it owes $173 million and is selling off what's left. Source：CoinDesk
Bitcoin mining pool Poolin files for Chapter 11 bankruptcy
Bitcoin miner Poolin filed for Chapter 11 bankruptcy and initiated a $52 million sale of its two West Texas mining sites as part of its future creditor…
Bernstein says Bitcoin mining deals necessary for AI power crunch
Bernstein analysts remain bullish on the Bitcoin mining sector, as deals with thirdparty providers will be necessary to address the computing power limits of…
Kazakhstan approves strategic crypto mining rules tied to national reserve
Kazakhstan plans to require miners to meet strict infrastructure standards and transfer part of their mined crypto assets to a statebacked reserve under new…