News
Bitdeer sells all mined Bitcoin since February, totaling over $205 M
5+ hour, 44+ min ago (331+ words) The Singapore-based miner dumped its entire BTC treasury to fund an aggressive pivot into AI and high-performance computing infrastructure Bitdeer Technologies has sold every single Bitcoin it owned. Since February 21, the NASDAQ-listed mining firm has offloaded more than 3, 231 BTC worth…...
Spider Pool mines empty Bitcoin block at height 954, 352, raising questions about mining pool tactics
13+ hour, 23+ min ago (513+ words) The block contained only a coinbase transaction weighing 1. 16 k WU, fitting a pattern of strategic empty block mining by the pool Spider Pool pushed a Bitcoin block through the network on June 19, 2026, with essentially nothing in it. Block 954, 352, mined around…...
F2 Pool co-founder Wang Chun withdraws $21 M in ETH and WBTC from Binance
22+ hour, 59+ min ago (313+ words) The mining pool heavyweight moved 7, 650 ETH and 124. 18 WBTC to the Spark De Fi protocol, continuing a pattern of large off-exchange transfers throughout 2026 Wang Chun, co-founder of one of the world's largest Bitcoin mining pools, just pulled roughly $20. 67 million in crypto…...
Russia sells stake in seized gold miner for $1. 3 B after three failed auctions
1+ day, 3+ hour ago (323+ words) Moscow finally offloaded its controlling share in Yuzhuralzoloto at a steep discount after no one showed up to earlier sales Russia managed to sell a 67. 2% controlling stake in one of its largest gold producers, Yuzhuralzoloto, for 93 billion rubles, roughly $1. 3 billion....
Bitcoin miners face pressure as 20% become unprofitable, JPMorgan says
2+ day, 58+ min ago (376+ words) Public miners dumped over 32, 000 BTC in Q1 alone as Bitcoin trades well below its estimated $78 K production cost One in five Bitcoin miners is now losing money. That's the takeaway from a JPMorgan report published on June 18, which paints a bleak…...
World Gold Council warns of $120 B gold smuggling crisis fueled by artisanal mining
2+ day, 5+ hour ago (399+ words) Illicit gold flows now rival the GDP of mid-sized nations, with organized crime and armed groups exploiting small-scale miners worldwide The World Gold Council has put a number on one of the commodities market's worst-kept secrets: illicit gold flows have…...
Oman launches state-backed Bitcoin mining pool, requiring all licensed miners to participate
2+ day, 11+ hour ago (294+ words) The sultanate's mandatory national mining pool, Omanhash, begins operations with 10 EH/s as part of a $700 million infrastructure push tied to its Vision 2040 economic diversification plan Oman just became the latest petrostate to go all-in on Bitcoin mining, but with…...
Dan Loeb takes $40. 8 M position in Hut 8 as Bitcoin miner pivots to AI data centers
3+ day, 8+ hour ago (265+ words) Third Point's new stake in the hybrid crypto and AI infrastructure company reflects growing institutional appetite for firms straddling both sectors Dan Loeb, the billionaire behind hedge fund Third Point, has placed a sizable bet on a company that used…...
Van Eck's Matthew Sigel outlines Bitcoin miners' AI valuation framework
4+ day, 2+ hour ago (218+ words) The new framework reveals a massive gap between miners with contracted AI capacity and those still building pipelines, pointing to a $37. 6 billion opportunity. Bitcoin miners are no longer just Bitcoin miners. Matthew Sigel, Head of Digital Assets Research at Van…...
Phoenix Tailings secures $500 M Pentagon loan to build domestic rare-earth plant
4+ day, 6+ hour ago (513+ words) The Defense Department's Office of Strategic Capital is betting big on breaking America's dependence on Chinese rare-earth supply chains The Pentagon just wrote a half-billion-dollar check to a startup that pulls rare earth metals out of mining waste. Phoenix Tailings,…...