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Cryptoslate

Stay updated with the latest crypto news, insights, and data on CryptoSlate. Your go-to source for everything crypto.

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News

CryptoSlate
cryptoslate.com > bitcoin-mining-supplies-90-of-hives-1-million-daily-revenue-despite-ongoing-ai-expansion

Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite ongoing AI expansion

2+ day, 14+ hour ago   (434+ words) HIVE's preliminary figures for Aug. 21 through Sept. 10 show GPU-cloud revenue at about $100,000 a day, while Swedish reuse remains under evaluation. HIVE Digital Technologies said its Bitcoin-mining and GPU-cloud businesses generated more than $1 million in combined average daily revenue from Aug....

CryptoSlate
cryptoslate.com > bitcoin-miner-manufacturer-canaan-sells-crypto-to-buy-back-shares-after-97-6-million-quarterly-loss

Bitcoin miner manufacturer Canaan sells crypto to buy back shares after $97 million loss

3+ day, 23+ hour ago   (481+ words) Revenue fell below its $35 million guidance floor, while later crypto sales funded part of its share buybacks. Canaan, the Bitcoin mining-equipment maker, reported second-quarter 2026 revenue below its earlier guidance on Sept. 8, as weaker machine demand put more weight on its…...

CryptoSlate
cryptoslate.com > a-bitcoin-miner-burned-through-millions-in-btc-to-buy-compute-but-new-coins-are-not-returning-to-treasury

Bitcoin miner burns through millions in BTC to buy compute, but new coins are not returning to treasury

4+ day, 23+ hour ago   (428+ words) Cloud customers accounted for about 74% of August’s production increase, while company holdings recovered only part of July’s decline. BitFuFu, a Bitcoin miner and cloud-mining provider, reported a 55.4% rebound in August production as additional capacity came online. Cloud-mining customers accounted for…...

CryptoSlate
cryptoslate.com > ethereum-arbitrage-study-reveals-builders-receive-5-for-every-1-burned-by-the-network

Ethereum arbitrage study reveals builders receive $5 for every $1 burned by the network

5+ day, 19+ hour ago   (838+ words) Bitquery's 30-day sample separates trading proceeds from ETH supply reduction, while builders' onward payments leave final profit shares unresolved. Ethereum arbitrage generated about $5.24 in builder receipts for every $1 burned in a 30-day sample reported by blockchain data provider Bitquery. Its…...

CryptoSlate
cryptoslate.com > bitcoins-316-day-hashrate-drought-shows-why-ai-could-make-this-mining-downturn-harder-to-reverse

Bitcoin’s 316-day hashrate drought shows why AI could make this mining downturn harder to reverse

1+ week, 4+ day ago   (920+ words) Hashrate remains below its peak after 316 days as miners weigh improving BTC economics against long-duration compute revenue. 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…...

CryptoSlate
cryptoslate.com > veteran-bitcoin-developer-luke-dashjr-exits-ocean-pool-will-hash-power-follow-him-to-new-pool

Veteran Bitcoin developer Luke Dashjr exits OCEAN pool - Will hash power follow him to new pool?

1+ week, 6+ day ago   (538+ words) OCEAN still represented 2.45% of trailing-day blocks after buying out its co-founder, while CONVOY disclosed no operational footprint. OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and three leadership roles…...

CryptoSlate
cryptoslate.com > iren-ai-cloud-revenue-639m-impairment-bitcoin-82-revenue

Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud

2+ week, 15+ hour ago   (605+ words) The company’s $4 billion contracted AI run-rate target was four times the $1 billion operating level measured Aug. 26, with recognition still gated by delivery and customer acceptance. IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware…...

CryptoSlate
cryptoslate.com > bitcoin-knots-is-trying-to-fork-bitcoin-again-after-its-last-chain-died-in-two-blocks

Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks

2+ week, 16+ hour ago   (976+ words) The new attempt swaps SHA-256d for BLAKE2b, but miners, wallets and exchanges still have to show up. Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, Bitcoin developer Luke Dashjr told…...

CryptoSlate
cryptoslate.com > capital-bs-e21-million-bitcoin-raise-comes-with-heavy-warrant-dilution-risk

Capital B’s €21 million Bitcoin raise comes with heavy warrant dilution risk

2+ week, 1+ day ago   (663+ words) The planned 270 Bitcoin nearly offsets the placement, while full warrant exercise would cut the displayed ratio by about 24%. Bitcoin treasury company Capital B plans to raise €21 million and use the proceeds, along with operating funds, to buy another 270 Bitcoin. The…...

CryptoSlate
cryptoslate.com > after-selling-all-its-bitcoin-to-pay-off-debt-ai-firm-tries-to-rebuild-827-million-treasury-from-scratch

After selling all its Bitcoin to pay off debt, AI firm tries to rebuild $827 million treasury from scratch

2+ week, 1+ day ago   (558+ words) The proposed preferred raise covers just 1.51% of the Bitcoin target before any allocation to AI investments and the 18-month dividend reserve. Genius Group, an AI-powered education company that previously used Bitcoin as a treasury asset, has proposed a $12.5 million perpetual…...