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Bitcoin has gone 316 days without a hashrate high
Bitcoin’s hashrate has spent 316 days below its record as miners redirect power toward AI. The seven-day network average stood near 914 exahashes per second on Aug. 31, about 20.6% below its October 2025 peak […]
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Bitcoin Miners Pocket $1B in August, but Halving Pain Still Lingers
Key Takeaways Bitcoin miners had a great deal to celebrate in August, pulling in around $1.008 billion as hashprice climbed to $38.86 per PH/s.Miner outflows remained fairly limited for the most part, even though there […]
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Bitcoin miners are pivoting to AI, so why is the hashrate near ATHs?
Bitcoin’s hashrate remains near all-time highs, even as some of the largest miners pivot to artificial intelligence. Industry stakeholders say fears that a mass exodus of major miners to AI infrastructure will weaken the Bitcoin […]
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Swedish Tax Scrutiny Shadows Crypto Miners’ Pivot to AI
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The Swedish Tax Agency […]
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$639m impairment as Bitcoin supplies 82%
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IREN’s AI cloud revenue. The company’s fiscal 2026 results, filed Aug. 27, […]
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