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Cango Inc. pivoted from automobile trading to Bitcoin mining and is now targeting 50 EH/s in early 2025. With a growing BTC treasury, Tencent as an institutional investor, and Bitmain links, is this the mining sector’s next dark horse? A Cango Deep Dive The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all … Read more
On Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark of 852 EH/s set when February kicked off. Bitcoin’s Network Muscle Flexes On March 28, the network’s aggregate processing velocity had climbed to 862 EH/s, edging past the earlier milestone by a decisive 10 EH/s. … Read more
Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power. Canaan Eyes U.S. Growth with Pennsylvania, Texas Mining Sites Canaan (Nasdaq: CAN) entered a three-year colocation agreement with Mawson Infrastructure Group affiliate Mawson Hosting LLC … Read more
Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. NYDIG Expands Bitcoin Mining Footprint with Crusoe Acquisition Reports disclose that the transaction includes over 425 modular data centers across the U.S. and Argentina, capable of generating 270 megawatts of power, alongside Crusoe … Read more
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the estimated daily earnings from one petahash per second (PH/s) of computing power—has also seen an … Read more
Coin Metrics’ latest State of the Network report reveals bitcoin miners are balancing stabilized revenues and persistent fee pressures post-halving through hardware upgrades and renewable energy adoption, amid geopolitical supply chain risks. China Tariffs, Texas Renewables, and AI: Inside Bitcoin Mining’s 2025 Transformation Coin Metrics’ Q1 2025 State of the Network report highlights stabilized bitcoin … Read more
U.S.-based application-specific integrated circuit (ASIC) manufacturer Auradine has launched the Teraflux AH3880, a hydro-cooled bitcoin miner engineered in the U.S. to improve energy efficiency, reduce operational costs, and mitigate supply chain risks. Teraflux AH3880 Hydro-Cooled Miner Targets Energy Efficiency, Supply Chain Challenges According to the announcement shared with Bitcoin.com News, the new Teraflux AH3880 operates … Read more
Pakistan is reportedly planning to develop a specialized electricity tariff regime for crypto mining and blockchain-based data centers. Pakistan Crypto Council Spearheads Initiative In a significant move, Pakistan is reportedly developing specialized electricity tariffs to attract crypto mining and blockchain-based data centers, further loosening its past stance on cryptocurrencies. This initiative aims to capitalize on … Read more
Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through scale, competitive fee models, and tailored incentives for participants. What Are Mining Pools? Collaborative mining pools aggregate computational resources from individual miners to enhance block discovery odds, distributing rewards based on contributed hashpower. As of … Read more
The U.S. Securities and Exchange Commission (SEC) under the Trump administration stated Monday that proof-of-work (PoW) crypto mining activities do not constitute securities transactions, offering regulatory clarity for a sector long navigating legal gray areas. Trump-Era SEC Exempts Crypto Mining Activities From Securities Laws in New Guidance The SEC’s Division of Corporation Finance released a … Read more