Mining

Mining · 2 months ago Canaan, American Bitcoin, and Cango Stocks Surge Amid Bitcoin Rally Shares of Canaan Inc., American Bitcoin Corp., and Cango Inc. experienced significant gains, rising as much as 67% following a 23% surge in Bitcoin's price, which briefly surpassed $79,000.

Mining · 2 months ago Ionic Digital Reports Shift to AI Leasing with 90% Revenue from New Contracts Ionic Digital's transition to AI infrastructure leasing has resulted in 90% of its Q2 revenue coming from this segment, as Bitcoin holdings contributed to a significant loss.

Mining · 2 months ago Bitdeer Secures $400M AI Cloud Deal in Malaysia Amid Strategic Shift Bitdeer Technologies has signed a five-year, $400 million offtake agreement for its AI cloud data center in Malaysia, marking a significant shift from Bitcoin mining to AI infrastructure.

Mining · 2 months ago Cypherpunk Technologies Launches Largest Zcash Mining Operation with $33M Investment Cypherpunk Technologies has launched Cypherpunk Mining, the largest Zcash mining operation globally, backed by a $33.33 million investment from Winklevoss Capital.

Mining · 2 months ago Arthur Hayes Launches Flop Labs to Develop AI Agent Economy and FLOP Token Arthur Hayes has announced his return to the crypto space as CEO of Flop Labs, focusing on the FLOP token for an AI-driven economy. The project aims for a major airdrop in Q4 2026 and a mainnet launch in Q1 2027.

Mining · 2 months ago Riot Platforms Shifts Focus to AI with $9 Billion Deal with Anthropic Riot Platforms has signed a $9 billion agreement with Anthropic to provide AI compute capacity, marking a significant shift from its Bitcoin mining operations.

Mining · 2 months ago Bitcoin Miners Liquidate 28,000 BTC Amid Rising Production Costs Publicly traded Bitcoin mining companies have sold approximately 28,000 BTC, valued at around $1.78 billion, as they grapple with increasing production costs and a declining market price.

Mining · 2 months ago Riot Platforms Sells 4,300 BTC to Fund Operations and AI Expansion Riot Platforms has sold 4,300 BTC to support its operational costs and transition towards AI infrastructure, while still maintaining significant liquid assets.

Mining · 2 months ago Ripple's Former CTO Warns Bitcoin Miners of Consequences of Cheating David Schwartz, ex-CTO of Ripple, highlights the risks for Bitcoin miners engaging in double spending, suggesting that economic nodes could retaliate by forking the network.

Mining · 2 months ago Bitcoin Mining Could Generate $1 Billion for Ukraine's Reconstruction, Says Report A report by the Bitcoin Policy Institute suggests that Bitcoin mining operations could generate up to $1 billion in revenue for Ukraine's postwar rebuilding efforts by utilizing stranded nuclear energy.

Mining · 2 months ago Riot Platforms Sells Bitcoin to Fund $9.1 Billion AI Data Center Lease Riot Platforms is liquidating Bitcoin holdings to finance a $9.1 billion lease for an AI data center, with initial rent starting in 2027.

Mining · 2 months ago Anthropic Signs $9.1 Billion Deal with Riot for AI Computing Power Anthropic has entered a $9.1 billion agreement with Riot to secure computing capacity for its AI solutions, marking a significant move in the AI and cryptocurrency sectors.

Mining · 2 months ago Bitdeer Shares Drop 15% Despite Revenue Growth and AI Transition Progress Bitdeer Technologies experienced a 15% drop in share value following its Q2 2026 earnings report, despite a significant revenue increase and ongoing pivot to AI infrastructure.

Mining · 2 months ago Bitcoin Mining Difficulty Sees Largest Drop Since 2021 Amid Economic Pressures Bitcoin's mining difficulty has decreased by 19% from its peak in November 2025, marking the largest decline since the 2021 China ban, driven by economic pressures and reduced block rewards.

Mining · 2 months ago BIP-110 Fork Fails to Gain Support, Stalls After Two Blocks The BIP-110 fork experienced a significant setback as it stalled after producing only two blocks, failing to attract the necessary miner support for activation.

Mining · 2 months ago Mark Erhardt Proposes Luke Dashjr's Removal from Bitcoin BIP Editors Following BIP-110 Fail Mark Erhardt has formally recommended the removal of Luke Dashjr from the Bitcoin BIP Editors after the controversial BIP-110 proposal failed, causing a chainsplit and raising governance concerns.

Mining · 2 months ago Firmus Transitions from Bitcoin Mining to AI Infrastructure, Secures $2B Funding Firmus Technologies has raised $2 billion to pivot from Bitcoin mining to AI infrastructure, achieving a valuation of over $10.5 billion.

Mining · 2 months ago Justin Mateen Invests $2 Million in American Bitcoin Corp Amid Financial Losses Justin Mateen, co-founder of Tinder, has purchased nearly $2 million in American Bitcoin Corp shares, coinciding with the company's significant quarterly loss.

Mining · 2 months ago Nvidia Stock Eyes Record High Following $2 Billion AI Investment Nvidia-backed Firmus has secured $2 billion in funding, boosting its valuation and signaling strong ongoing investment in AI infrastructure, as Nvidia's stock approaches its all-time high.