Mining
Bitcoin is getting too expensive to mine profitably: What breaks first?
With the spotlight this cycle fixed on corporate Bitcoin treasuries, ETF inflows, and shifting global liquidity, Bitcoin’s miners have become the overlooked backbone of the network. Yet, as block rewards shrink and energy costs rise, […]
Texans Fails to Create City to Enforce Noise Limits on Bitcoin Miner
Residents living in a small area of Hood County, Texas, have failed in their bid to become a new municipality in an attempt to regulate noise from a nearby Bitcoin mining facility. According to a […]
Microsoft signs $9.7B deal with BTC miner IREN
Microsoft’s $9.7 billion contract with a Texas miner reveals the new math pushing crypto infrastructure toward AI, and what it means for the networks left behind. IREN’s November 3 announcement collapses two transactions into a […]
Struggling Mining Industry sees $11B Boom in Convertible Debt Offerings
Bitcoin (BTC) miners have raised $11 billion in convertible debt — corporate debt that is convertible to stocks — over the last year, amid a pivot into artificial intelligence data centers. Miners have completed 18 […]
Are Bitcoin miners becoming AI utilities? The math says yes
Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin miners to reconsider their business model. Instead of waiting for fee markets to rescue margins, […]
Canaan’s BTC Miners Load Balance Electric Grid in Japan
Mining hardware producer Canaan has won a contract to supply 4.5 megawatts (MW) of Bitcoin mining application-specific integrated circuits (ASICs) for a project designed to help stabilize Japan’s electric grid. According to a Thursday announcement, […]
