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News
Bitcoin mining supplies 90% of HIVE’s $1 million daily revenue despite ongoing AI expansion
2+ day, 11+ 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....
Bitcoin miner manufacturer Canaan sells crypto to buy back shares after $97 million loss
3+ day, 20+ 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…...
Bitcoin miner burns through millions in BTC to buy compute, but new coins are not returning to treasury
4+ day, 20+ 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…...
Ethereum arbitrage study reveals builders receive $5 for every $1 burned by the network
5+ day, 16+ 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, 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…...
Alkemya Metacore Secures $50M via Tokenised Equity to Scale Nickel Energy and Security Tech
1+ week, 4+ day ago (411+ words) The pre-launch raise will fund commercialisation of ultra-pure nickel wire into engineered products for sectors including aerospace, semiconductors and green hydrogen. London, London, September 1st, 2026, Chainwire ALKEMYA METACORE SCSp SECURES INITIAL USD 50 MILLION INVESTMENT AHEAD OF LISTING OF TOKENISED EQUITY NICKEL…...
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…...
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud
2+ week, 12+ 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…...
Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks
2+ week, 14+ 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…...
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…...