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- 438articles · 30d
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- Aug 15, 2026earliest in window
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News
Bitcoin miner manufacturer Canaan sells crypto to buy back shares after $97 million loss
5+ day, 5+ 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…...
Ethereum arbitrage study reveals builders receive $5 for every $1 burned by the network
1+ week, 1+ 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…...
Bitcoin’s 316-day hashrate drought shows why AI could make this mining downturn harder to reverse
1+ week, 6+ 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…...
Veteran Bitcoin developer Luke Dashjr exits OCEAN pool - Will hash power follow him to new pool?
2+ week, 1+ 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…...
Crypto miner warns of potential bankruptcy as unclosed financing leaves $33 million in maturing debt exposed
4+ week, 2+ hour ago (408+ words) The PIPE’s Oct. 10 outside date lands 21 days before the notes mature, with $9.2 million of June liquidity. Under its current plan, the proposed Vulcan financing totals $39.4 million and would redeem $33.1 million in senior notes due Oct. 31. Its Aug. 14 quarterly filing said…...