News
An AI Pivot Won’t Save You, Wintermute Tells Bitcoin Miners
1+ hour, 31+ min ago (758+ words) Bitcoin miners are facing historically low margins and are responding by pivoting some operations to AI infrastructure. Bitcoin miners are caught in the tightest squeeze of the network's history, and a new Wintermute report argues that simply waiting for the…...
Bhutan Keeps Selling Its Bitcoin, Reserves Sold By Over Half
3+ day, 4+ hour ago (378+ words) Bhutan is steadily selling portions of the country's Bitcoin reserves, moving about $42.5 million in BTC and USDT so far in 2026. Bhutan's state-owned investment arm has steadily sold portions of the country's Bitcoin reserves, moving about $42.5 million in BTC and USDT…...
Why Bitcoin Miners Are Abandoning The Orange Coin For AI — And Why It Might Be A Massive Trap
4+ day, 2+ hour ago (588+ words) Public Bitcoin miners in the United States have made their choice, a variety of them committing capital to building out AI datacenters, and some even making full rebrands, distancing themselves from the orange coin. While there's a full range of…...
Solo Satoshi Launches Bitaxe Turbo Touch, An Open-Source Touchscreen Bitcoin Miner
1+ week, 23+ hour ago (588+ words) A small Texas mining hardware company is releasing what it says is the most powerful open-source touchscreen bitcoin miner currently available to home users. Houston-based Solo Satoshi announced the launch of the Bitaxe Turbo Touch, a compact device designed for…...
Trump-Linked American Bitcoin (ABTC) Expands Mining Fleet
1+ week, 3+ day ago (447+ words) American Bitcoin (ABTC) is expanding its Bitcoin mining fleet with over 11,000 new high-efficiency miners. American Bitcoin Corp. has announced a major expansion of its Bitcoin mining operations, adding 11,298 new miners that will increase the company's total owned capacity by roughly…...
These Two Bitcoin Miners Are Getting Ready To Sell Bitcoin
1+ week, 3+ day ago (677+ words) Two major Bitcoin miners, MARA Holdings and Core Scientific, are shifting strategies to sell portions of their bitcoin holdings as they pivot toward AI and high-performance computing operations. For miners that once championed a "never sell" ethos, the calculus is…...
Paraguay Eyes Seized Miners For Government Bitcoin Project
1+ week, 3+ day ago (748+ words) Paraguay's state utility is teaming up with Morphware to turn 30,000 seized miners into the country's first government-run Bitcoin operation. Paraguay's state-owned electricity monopoly, Administraci'n Nacional de Electricidad (ANDE), has signed a Memorandum of Understanding (MOU) with Morphware, setting the stage…...
Bitcoin Miner Canaan Buys Cipher’s Texas Stake, Boosts AI Plans
2+ week, 3+ day ago (424+ words) Canaan (CAN) acquired Cipher Mining's 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan. Canaan (CAN) has acquired Cipher Mining Technologies Inc.'s (NASDAQ: CIFR) 49% stake in three fully operational…...
Gloria Zhao - Author Archives - Bitcoin Magazine - Page 1
3+ week, 3+ day ago (31+ words) Gloria Zhao'Bitcoin Magazine Bitcoin Magazine is published by BTC Inc. BTC Inc. has entered into an agreement to be acquired by Nakamoto Inc. (NASDAQ: NAKA); the transaction has not yet closed....
American Bitcoin, Backed By Trump Family, Holds Over 6,000 Bitcoin
3+ week, 4+ day ago (430+ words) American Bitcoin (ABTC) has pushed its Bitcoin reserves past 6,000 BTC. Trump family-backed American Bitcoin Corp. (ABTC) has pushed its Bitcoin reserves above the 6,000 BTC mark, building one of the largest corporate treasuries in the public market and placing the firm…...