Mining News

Hut 8 bid $140 million for Poolin's Pyote and Tarbush sites, nearly three times the $52 million floor. A New Jersey judge has to approve the sale on 29 September.

· 24 Sept 2026· 🕐 3 min read

Mining

Bitcoin Difficulty Rises 4.16%, Short of the 4.70% Modelled

The 19 September retarget took difficulty to 132.76 trillion while hashrate sat near 914 EH/s. Three estimators disagree on what comes next.

· 20 Sept 2026· 🕐 3 min read

Mining

Ethiopia Cuts Bitcoin Miners to About a Quarter of Contracted Power

Ethiopian Electric Power is delivering about 23% of what miners contracted for, blaming low reservoir inflows. Mining was 35% of its revenue last year.

· 16 Sept 2026· 🕐 3 min read

Mining

Ocean Buys Out Luke Dashjr as the Two Split Over Mining's Future

A joint statement dated 29 August says Dashjr resigned as Ocean's chairman, CTO and director and that Mummolin repurchased all his equity. No price was given.

· 31 Aug 2026· 🕐 3 min read

Mining

Bitcoin's Difficulty Edges Down 0.74%

Bitcoin's second difficulty reset of July barely moved, a flat line after the 5% cut two weeks earlier and a sign that hashrate has stopped leaving the network.

· 25 Jul 2026· 🕐 3 min read

Mining

Bitcoin's Difficulty Drops 5% in the Month's Second Big Cut

Bitcoin's mining difficulty fell 5.00% to 127.17 trillion on July 11, the second large downward move in a month, lifting hashprice 12.5% to $31.1.

· 11 Jul 2026· 🕐 3 min read

Mining

Bitcoin Mining Difficulty Drops 9.91% as Hashrate Leaves the Network

Bitcoin's mining difficulty fell 9.91% at the 13 June retarget, from 138.96 trillion to 125.19 trillion, one of the largest downward moves on record. Hashrate had slid to roughly 967 EH/s as unprofitable rigs powered down with bitcoin near $64,007.

· 13 Jun 2026· 🕐 3 min read

Mining

Bitcoin Mining Under Pressure

🔲Hashprice — a key indicator of Bitcoin mining profitability — has fallen below the psychologically important $40 level, approaching loss-making territory. At roughly $39.4 per PH/s/day, miners are…

· 13 Dec 2025· 🕐 1 min read

Mining

A Crisis in Bitcoin Mining

⬜The Bitcoin mining industry is facing the harshest economic conditions in its history: miner revenues are falling while costs continue to rise. Hashprice has dropped to structural lows…

· 2 Dec 2025· 🕐 1 min read

Mining

Riot Platforms Shifts Strategy

🟠Riot Platforms reported a 27% increase in Bitcoin production and record revenue of $180.2 million for Q3. However, the company announced a strategic pivot toward data center development.…

· 31 Oct 2025· 🕐 1 min read

Mining

Miners Outperform Bitcoin

🔵After nearly two years of lagging behind, mining company stocks have begun to outpace Bitcoin’s performance. According to Ecoinometrics, since September 2025, the growth rate of publicly traded…

· 29 Oct 2025· 🕐 1 min read

Mining

Bitcoin Miners Pivot Toward AI Infrastructure

🟪Crypto mining firms are increasingly rethinking their business models amid surging demand for high-performance computing. Many are transitioning from digital asset mining to AI infrastructure development, reshaping how…

· 26 Oct 2025· 🕐 1 min read