Bitcoin Mining

Russia has imposed a long-running ban on crypto mining and mining pool participation in Moscow, the Moscow Region and parts of Kursk. The restrictions are aimed at reducing power-capacity risks as energy-intensive mining operations put pressure on regional grids.

Riot Platforms shares jumped more than 20% in pre-market trading after the bitcoin miner secured a 20-year artificial intelligence infrastructure agreement tied to Anthropic. The deal underscores how power-rich mining firms are repositioning data center assets toward AI workloads and longer-term contracted revenue.

Matt Prusak is leaving American Bitcoin as president and interim CFO to join Giga Energy as chief business officer and interim CFO. The move highlights a widening shift from bitcoin mining leadership toward power infrastructure and AI-ready data center development.

TeraWulf is leaning into AI hosting after securing a 20-year agreement with Anthropic that the company values at roughly $19 billion over its life. The company says power access, site control and long-term infrastructure ownership are becoming the decisive factors in the AI data center race.

SBI Crypto plans to shut down its Bitcoin mining pool on July 31, 2026, ending a service tied to about 2% of Bitcoin’s hashrate. Miners will need to redirect their hash power before the cutoff as the pool stops accepting contributions.

HIVE has secured a $220 million sovereign AI infrastructure deal in Canada with Bell Canada and Cohere. The agreement is expected to lift annual recurring revenue by about $70 million.

MARA Holdings sold 15,133 BTC for $1.1 billion to repurchase convertible debt at a discount, strengthening its balance sheet and sending MARA stock 10% higher in premarket trading.

Bitcoin holds above $90K as volatility climbs, options markets turn cautious, and traders await Nvidia earnings and Federal Reserve minutes. Read the full Crypto Shift Daily Outlook analysis.

Bitcoin’s hashprice drops to a five-year low as record difficulty, weak fees, and a pullback in BTC price pressure miner profitability. Here’s what’s driving the decline and what it means for miners moving forward.

The Bitcoin network hashrate surged to a record 1,082 EH/s in October, JPMorgan says, even as mining profitability faced slight declines. Explore the latest mining trends and top performers.

JPMorgan upgrades MARA Holdings to overweight with a $22 target amid rising bitcoin prices. IREN and Riot downgraded to neutral as miner profitability outlook shifts.

IREN is shifting from Bitcoin mining to AI data centers, focusing on high-performance computing (HPC) and cloud services. With its 52 EH/s mining capacity nearing completion, the company is positioning itself as a key player in AI infrastructure. Learn more about IREN’s strategic pivot and future growth.

Discover how MARA Holdings, the largest Bitcoin miner, is leveraging 7,377 BTC to generate yield. Explore its mining performance, BTC reserves, and growth strategy.

Discover how Cango, a Chinese auto lending giant, became one of the world's largest Bitcoin miners by acquiring 50 EH/s of mining power in 2024. Explore its $400M investment, global operations, and plans for the future.

British Columbia upholds its Bitcoin mining ban despite Vancouver's "bitcoin-friendly" ambitions, prioritizing clean energy and energy regulation policies.

The shift toward a Bitcoin accumulation strategy stems from mounting profitability challenges faced by miners, driven by the upcoming reward halving and rising network competition, according to the report.

Proof-of-Work (PoW) is a vital consensus mechanism used in many cryptocurrencies, including Bitcoin. It secures decentralized networks by requiring miners to solve complex puzzles to validate transactions. Despite its energy-intensive nature, PoW plays a crucial role in maintaining blockchain security and ensuring trustless, decentralized operations.

Hashrate is a key metric in the cryptocurrency world, representing the computational power used in mining activities. It directly influences network security, mining difficulty, and overall market sentiment. A higher hashrate signals a more secure blockchain, but also raises concerns about energy consumption. Understanding hashrate is essential for anyone involved in crypto.

Bitcoin mining profitability has reached an all-time low, with miners earning just $43,600 per exahash per second in daily block rewards in August 2024, according to JPMorgan. This marks a significant drop from the peak of $342,000 per EH/s in November 2021, as rising network hashrate and increased mining difficulty continue to pressure the industry.

Bitcoin mining profitability reached unprecedented lows in early August as the network hashrate surged, according to JPMorgan.

The company's loss per share doubled to $0.32.

The bitcoin mining sector is experiencing renewed investor interest following Core Scientific's partnership with AI company CoreWeave, as reported by JPMorgan.

Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit, Reports JPMorgan JPMorgan's Analysis Points to Limited Near-Term Upside for Bitcoin Amid Headwinds