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News
Bitcoin Mining Hits a Crossroads as Difficulty Hovers Near the Floor
13+ min ago (294+ words) Bitcoin mining is now 1.31% easier than it was the day before, and the full-year scorecard shows miners have spent more time losing ground than gaining it. From the first adjustment of 2026 through the latest at block 963648, Bitcoin has recorded ten…...
EU Carbon Taxes Push Bitcoin Mining to Russia, Study Claims
1+ hour, 15+ min ago (316+ words) The strict controls that the European Union (EU) exerts over carbon emissions might be a factor in the migration of these industries, at least operationally, to jurisdictions without carbon emissions taxes. The “Does Carbon Pricing Displace Crypto-Mining Emissions? Quantile Evidence…...
Bitdeer Offloads Entire 265.6 BTC Weekly Output, Extending Zero-Treasury Stance
1+ day, 6+ hour ago (345+ words) Nasdaq-listed Bitcoin miner Bitdeer has confirmed the sale of all 265.6 Bitcoin mined during the current week, according to a statement on its official X account. The move extends the company’s zero-$BTC treasury strategy, which has been in place since…...
Tether abandons Bitcoin mining sites in Uruguay after power dispute
2+ day, 1+ hour ago (501+ words) Tether has walked away from its Bitcoin mining operation in Uruguay, abandoning two facilities that cost an estimated $120 million after a prolonged tussle with state utility UTE over the power numbers available to the sites. This move ends the $USDT…...
Tether’s Bitcoin Mining Push in Uruguay Unraveled Over an Energy Dispute
1+ day, 17+ hour ago (289+ words) Tether, the company behind the world’s largest stablecoin, spent roughly $120 million on two bitcoin mining sites in Uruguay that were ultimately abandoned after a dispute with the state utility over electricity supply, a Reuters review of documents and interviews has…...
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
1+ day, 22+ hour ago (496+ words) Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July production of 15.13 BTC against a June 30 balance sheet. The balance sheet carried $1.21 million of cash and $26.26 million of current liabilities. However,…...
Poolin bankruptcy filing exposes $500M debt against just $10M in assets
1+ day, 23+ hour ago (321+ words) The Poolin bankruptcy filing was submitted on July 22, 2026, placing the company and its two U.S. affiliates under Chapter 11 protection before Judge Eamonn J. O’Hagan in New Jersey. The move gives Poolin breathing room to reorganize its debts while it works toward liquidating…...
Bitcoin miners are getting a new AI hedge, but it may protect them from the wrong risk
2+ day, 1+ hour ago (711+ words) The US derivatives regulator is exploring a market for futures tied to AI computing power just as Bitcoin miners pour hundreds of millions of dollars into data centers, but the contracts may leave their biggest risks untouched. On Aug. 19, the…...
Zcash miner buys 9.4% of merger target that warns failed deal could end in liquidation
2+ day, 17+ hour ago (384+ words) Fortitude Mining, Digital Currency Group's Zcash-focused miner, bought a 9.4% stake in Nasdaq-listed HeartSciences for about $1 million, giving its proposed merger partner cash for operating expenses while shareholder approval remains pending. The Aug. 12 private placement covered 411,522 HeartSciences common shares at $2.43 each....
Bitcoin miners pour billions into AI as capex outpaces revenue 15-to-1
3+ day, 1+ hour ago (281+ words) Public Bitcoin miners are spending billions chasing artificial intelligence and high-performance computing revenue, though returns have yet to keep pace, underscoring the massive upfront investment required to diversify beyond Bitcoin mining. In its latest Miner Weekly newsletter, BlocksBridge Consulting reported…...