Tether-Linked Entities Reportedly Bought Northern Data’s Bitcoin Mining Unit

Companies controlled by senior executives at Tether were reportedly among the buyers of Peak Mining, the bitcoin mining arm sold by Northern Data, which is majority owned by the stablecoin giant. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining … Read more

Bitcoin Mining Promises Under Fire as SEC Alleges $48.5M Investor Funds Were Misused

Federal regulators are tightening the vise on crypto investment schemes, spotlighting alleged fraud tied to bitcoin mining that raised nearly $100 million while misleading thousands of investors about operations, capacity and the use of their money. SEC Alleges Massive Capacity Gaps in Bitcoin Mining Venture That Pulled in $95.6M A federal enforcement action highlights risks … Read more

Study Maps Data Centers in Hot Climates Across Asia, Africa, and the Middle East

A new global analysis finds that hundreds of the world’s data centers are operating in climates that are too hot for optimal performance, raising costs, energy demand, and long-term sustainability concerns. Nearly 7,000 Data Centers Sit Outside Optimal Temperature Range, Study Finds The report, published by Rest of the World and authored by Hazel Gandhi … Read more

MicroBT Enters the Petahash Club, Taking Bitcoin Mining Rigs to a New Extreme

Over the past year, application-specific integrated circuit (ASIC) technology has advanced substantially, and this month, Shenzhen, China-based MicroBT introduced its newest mining machine, boasting an unprecedented hashrate of 1,035 terahash per second (TH/s), equivalent to 1.35 petahash per second (PH/s) of raw computing power. MicroBT Crosses the Petahash Rubicon With a New Whatsminer At the … Read more

Sangha Energizes 20 MW Texas Solar Bitcoin Mine Amid Record-Low Hashprice Pressure

Sangha Renewables has energized a 20-megawatt bitcoin mining facility in West Texas, marking the company’s latest effort to pair renewable generation with flexible data-center load. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. The project, located in Ector … Read more

Bitcoin Mining Revenue Remains Thin — Yet Hashrate Refuses to Blink

Bitcoin has logged a third consecutive difficulty cut, and even with miner revenues under pressure, the network’s computing muscle is still holding firm above the 1.1 zettahash per second (ZH/s) mark. Bitcoin Hashrate Holds the Line as Difficulty Slides for the Third Time and Revenues Remain Tighter Than Ever Miners have successfully kept the network … Read more

Miner Weekly: AI Boom Floods Texas Grid With 164 GW of Power Requests

Texas is heating up again — not because of weather or bitcoin miners, but because AI developers are flooding the ERCOT grid with power requests at a pace the state has never seen before. This article first appeared in Miner Weekly, Blocksbridge Consulting’s weekly newsletter curating the latest news in bitcoin mining and data analysis … Read more

American Bitcoin Adds to BTC Treasury While Shares Face Prolonged Pressure

American Bitcoin Corp. has expanded its bitcoin reserve to 4,783 BTC, even as its stock continues to slide across several timeframes. ABTC Lifts Holdings to 4,783 BTC American Bitcoin Corp. has expanded its bitcoin reserve to 4,783 BTC as of Dec. 8, according to new disclosures from the company published Wednesday. The increase includes 416 … Read more