Canaan Exits Kazakhstan and South Texas Sites Amid Bitcoin Mining Fleet Reshuffle
Canaan has withdrawn from two of its bitcoin mining locations—Kazakhstan and an underperforming hosting site in South Texas—as part of a shift to optimize...
$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push
Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside...
Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55...
HIVE to Provide GPU Backbone for Canada’s Sovereign AI Cloud
BUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada to supply the computing...
KULR Q2 2025: Bitcoin Gains Drive $8.14M Net Income Despite Wider Operating Loss
KULR Technology Group booked a net income of $8.14 million in the second quarter of 2025, fueled mainly by gains from its bitcoin holdings....
Compass Mining Energizes Texas Bitcoin Mining Facility
Compass Mining has fully energized a ten-megawatt bitcoin mining facility in Texas, developed in partnership with ONMINE, to advance its vertical integration strategy. Texas...
The Future of Mining: Insights From EMCD Founder and CEO Michael Jerlis
EMCD is one of the largest ecosystems for miners and crypto investors in Eastern Europe. The EMCD ecosystem includes a mining pool ranked among...
Hive Posts $45.6M in Total Revenue, Fueled by Bitcoin Mining Boom
Hive Digital Technologies reported its strongest quarterly performance to date for the first quarter of fiscal year 2026, ending June 30, with $40.8 million...
Historic Shift: Bitcoin Difficulty Spikes as Hashrate Retreats From Zettahash Range
After vaulting past the 1 zettahash per second (ZH/s) threshold, Bitcoin’s mining difficulty climbed 4.89% to reach an all-time pinnacle of 136.04 trillion. This...
Bitcoin Miners Post August Haul Near July as Fees Tick Up
According to recent metrics, bitcoin miners sustained solid earnings results in August, capturing revenue nearly on par with July’s tally, or marginally above, with...