Browsing Category
Mining
HIVE Exec: AI GPUs Earn 10x More per Hour Than Mining Rigs
HIVE Executive Chairman Frank Holmes said the firm’s AI compute GPUs are generating far more revenue per hour than its bitcoin mining rigs, as the company’s fiscal 2026 revenue surged 158% to $297.8 million. The Math Behind the…
Fortitude Invests $45M in Zcash Mining Infrastructure to Drive Vertical Integration
DCG’s Fortitude Mining has entered into purchase agreements worth about $45 million for mining hardware and Nebraska infrastructure as it accelerates vertical integration in Zcash mining. This article first appeared in The Energy Mag. The…
Moscow Court Jails Mining Firm Bitriver Founder Over $12.5M Fraud Probe
Moscow’s Zamoskvoretsky District Court has moved Igor Runets, founder of crypto-mining firm Bitriver, from house arrest to a pretrial detention facility for at least two months. Stricter Measures Requested Amid Witness Tampering Concerns A…
Core Scientific Pays $42M to Exit Block’s Bitcoin Mining Deal as AI Revenue Surges
Core Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator’s accelerating retreat from bitcoin mining toward AI infrastructure. This…
What Happens When Two Miners Find a Block at the Same Second? Inside an Orphan Race
On March 24, 2026, Antpool mined block 941,881 at 15:49:35 UTC while Foundry USA mined its own, completely different version of block 941,881 just 12 seconds later, splitting Bitcoin’s blockchain into two competing versions of history…
EIF’s Megawatt Verdict: Not Every Bitcoin Mine Is Ready for AI
At the inaugural Energy Investors Forum (EIF) in Dallas on July 23, the AI boom looked less like a software story than an enormous energy-infrastructure buildout. This article first appeared in Miner Weekly, a weekly newsletter by…
Bitdeer’s Bitcoin Output Climbs to 990 as AI Cloud Run Rate Reaches $76M
Bitdeer (NASDAQ: BTDR) Technologies Group mined 990 bitcoin in June, up 7.5% from the previous month, as the company continued deploying its proprietary mining machines while expanding its artificial-intelligence cloud business. This…
This Group of Four Now Dominates Over 70% of a Key Blockchain Resource
Four Bitcoin mining pools, Foundry Digital, AntPool, ViaBTC, and F2Pool, controlled more than 70% of the network’s hashrate as of a June 23, 2026 snapshot from miningpoolstats.stream. The concentration is increasingly described as a…
Bitcoin’s Lottery Jackpot: Solo Home Miner Wins $200,000 With a $150 Mining Device
A hobbyist running a single Bitaxe device just won Bitcoin’s biggest lottery. On July 9, 2026, at approximately 03:30 UTC, a solo miner using a palm-sized Bitaxe device mined block 957382 through Public Pool, claiming the full 3.1382 BTC…
Bitfufu Reports June 2026 Bitcoin Production and Hashrate Metrics
Of the 125 BTC produced in June, 70 BTC were generated through self-mining operations and 55 BTC through cloud mining services. Daily production averaged 4.2 BTC, down from 5.7 BTC in May. The company’s total power capacity under management…