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News
Public Miners Cut Hashrate 13.4% as AI Revenue Takes Over – Bitbo
1+ hour, 35+ min ago (264+ words) Publicly traded bitcoin miners are shedding mining capacity faster than the network as a whole, a sign that more operators are steering electricity and data center space toward artificial intelligence and high-performance computing work. BlocksBridge Consulting reported in its latest…...
Foundry Asks Miners to Vote on Controversial BIP-110 – Bitbo
3+ week, 1+ day ago (213+ words) Foundry USA has begun asking its mining customers to vote on how the pool should signal on Bitcoin Improvement Proposal 110 (BIP-110). The proposal is a soft fork that would shrink how much data can be stored in Bitcoin transactions, aiming…...
Oman Launches Mandatory National Bitcoin Mining Pool – Bitbo
1+ mon, 3+ week ago (270+ words) Oman has launched a national bitcoin mining pool called Omanhash, making it the mandatory pool for all licensed cryptocurrency miners operating in the sultanate. The pool was launched by Oman’s Ministry of Transport, Communications and Information Technology in cooperation with…...
Bitcoin Mining Difficulty Drops 10% as Hashprice Tops $30 – Bitbo
1+ mon, 4+ week ago (246+ words) Bitcoin mining difficulty dropped 10.09% on Sunday, falling from 138.96 trillion to 124.93 trillion at block 953,568, according to Galaxy Research. This marks the blockchain’s 11th-largest downward adjustment ever and the second biggest drop of 2026. Bitcoin’s price has fallen roughly 15% so far in June,…...
Georgia Cracks Down on Illegal Mining in Mestia – Bitbo
2+ mon, 1+ week ago (264+ words) Georgia is moving to crack down on illegal Bitcoin mining in the Mestia region, with officials citing severe strain on the local power grid and millions of dollars in annual losses. Vice Prime Minister Mamuka Mdinaradze announced Monday that illegal…...
Eric Trump's American Bitcoin Posts $82M Loss in Q1 2026 – Bitbo
3+ mon, 6+ day ago (327+ words) American Bitcoin (ABTC), the bitcoin mining and treasury firm co-founded by Eric Trump, reported an $81.8 million net loss in the first quarter of 2026, up from a $59.5 million net loss in the prior quarter. The company posted $62.1 million in mining revenue…...
Bitcoiners Launch AI-Powered Bitcoin FUD Database – Bitbo
3+ mon, 1+ week ago (278+ words) A group of Bitcoiners has launched an open-source AI tool designed to generate evidence-based responses to misconceptions about Bitcoin’s environmental impact, energy use, and role in the financial system. Nordic-based Bitcoin education platform Bitcoin Beyond 66 built The Bitcoin Evidence Base…...
Tether Partners With Canaan on Modular Bitcoin Mining – Bitbo
3+ mon, 2+ week ago (303+ words) Tether has announced a new partnership with Canaan Inc. (NASDAQ: CAN) and ACME Swisstech to develop a modular class of bitcoin mining infrastructure, moving away from the fixed, preassembled rigs that dominate the industry today. The core idea is to…...
American Bitcoin Energizes 11,298 New ASICs in Canada – Bitbo
3+ mon, 2+ week ago (289+ words) American Bitcoin (ABTC), a publicly traded mining company co-founded by Eric Trump and Donald Trump Jr., has completed the energization of 11,298 new ASICs at its Drumheller site in Alberta, Canada. The company now owns about 89,242 ASICs in total, with its…...
Bhutan Moves $72M in Bitcoin in Two Days: Arkham – Bitbo
4+ mon, 3+ week ago (191+ words) Bhutan has transferred 973 BTC worth about $72.32 million to multiple addresses across Tuesday and Wednesday, according to on-chain data cited by Arkham Intelligence. Arkham said Wednesday that Bhutan moved another $44.44 million worth of bitcoin to two unknown addresses, bringing the 24-hour…...