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News
Bitcoin Hashrate Extends 287-Day Decline as Mining Difficulty Drops 19.9% From Peak
1+ hour, 36+ min ago (180+ words) Bitcoin’s **hashrate** has continued to decline for about 287 days, while **mining difficulty** is 19.9% below its all-time high. Over the past year, Bitcoin’s **price** has fallen about 46%, even as shares of some publicly traded **mining companies** have surged more than 430%. As…...
Core Scientific Adds 301 Bitcoin, Bringing Holdings to 848 BTC
3+ day, 6+ hour ago (113+ words) bloomingbit Core Scientific Adds 301 Bitcoin, Bringing Holdings to 848 BTC - Core Scientific increased its Bitcoin holdings by 301 tokens. - BitcoinTreasuries.net said Core Scientific now holds a total of 848 BTC. - Core Scientific ranked 49th among public companies by Bitcoin holdings. Forecast Trend Report…...
Bitcoin Miner LM Funding to Rebrand as PowerCompute, Expand AI Infrastructure
1+ week, 4+ day ago (100+ words) bloomingbit Bitcoin Miner LM Funding to Rebrand as PowerCompute, Expand AI Infrastructure Forecast Trend Report by Period LM Funding America, a Bitcoin miner, will change its name to PowerCompute effective July 22, media reports said on July 20. The company's stock ticker…...
Hut 8 Shares Surge 14% After $9.8 Billion AI Data Center Lease
1+ week, 4+ day ago (185+ words) bloomingbit Hut 8 shares jumped after the Bitcoin miner and AI infrastructure company announced a major long-term lease, lifting other stocks across the sector CoinDesk reported on July 20 that Hut 8 signed a 15-year lease for Phase 2 of its Vega Point data…...
Major Bitcoin Miners' June Output Falls Despite Lower Mining Difficulty
2+ week, 3+ day ago (178+ words) Bitcoin production declined in June at major publicly traded miners despite an easing in Bitcoin mining difficulty. The Block reported on July 14 that CleanSpark, BitFuFu and Canaan all logged lower month-on-month output in their June operating updates. CleanSpark mined 614 Bitcoin…...
Compass Point Says Bitcoin Miners Pivoting to AI Data Centers Are Undervalued
3+ week, 1+ day ago (199+ words) Compass Point said Bitcoin **mining companies** shifting into the AI **data center** business remain **undervalued**. The firm named Applied Digital (APLD), TeraWulf (WULF) and Cipher Mining (CIFR) as undervalued companies, saying unleased **data center capacity** has the potential to generate…...
Bitdeer Mines 223.1 Bitcoin This Week, Sells Entire Haul
3+ week, 6+ day ago (61+ words) bloomingbit Bitdeer Mines 223.1 Bitcoin This Week, Sells Entire Haul Bitdeer disclosed its weekly Bitcoin mining results in a post on X, formerly Twitter, on July 4. The company mined a total of 223.1 Bitcoin during the week. It sold all of the…...
Bitcoin Mining Profitability Worsens as Price Stays Below Production Cost for Five Months
1+ mon, 6+ day ago (273+ words) Bitcoin mining profitability is deteriorating rapidly as the price of Bitcoin remains below production costs for an extended period, The Block reported on June 24. Bitcoin miners' daily revenue has fallen to about $30 million on a seven-day moving average basis, down…...
BofA Backs TeraWulf’s Shift From Bitcoin Mining to AI Data Centers
1+ mon, 2+ week ago (161+ words) Bank of America gave a positive assessment of Bitcoin miner TeraWulf’s pivot to AI data centers. The Block reported on June 15 that BofA laid out its view on TeraWulf in a report titled “Bye Bye Bitcoin, Hello AI Data Centers....
Bitcoin Mining Difficulty Drops 10% to Lowest Level of 2026
1+ mon, 2+ week ago (215+ words) Bitcoin mining difficulty fell more than 10% to its lowest level this year. The Block reported on June 14 that Bitcoin mining difficulty dropped 10.09% over the weekend at block height 953,568, falling to 124.93 trillion from 138.96 trillion. Galaxy Research said the adjustment was the…...