Mining
Mining
Mining
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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Mining
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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US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain
Key Takeaways U.S. Bitcoin hashrate share fell 0.823% in 2026, with roughly 55 EH/s lost.Russia and China gained Bitcoin mining share despite losing 13 EH/s and 10 EH/s, respectively.Bitcoin hashprice jumped 27.42% in 30 days, […]
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