Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining
Cango Inc.’s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million...
Mining
Bitcoin Hashrate Is Dropping… And Difficulty Is About To Fall
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Here we go.
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Bitcoin Hashrate Slips Below 1 Zettahash as Miner Revenue Remains Thin
Bitcoin’s hashrate has slipped beneath the 1 zettahash per second (ZH/s) mark as miner income remains painfully thin, with the...
Mining. Accumulation. Enlightenment.
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The ‘Hyperbolic’ Era Ends: Wintermute Report Reveals Structural Shift for Bitcoin
Over the past decade, bitcoin mining thrived on predicting price surges after halvings. However, a new report by Wintermute indicates...
From Blackouts to Bitcoin: South African Power Utility’s Surreal Pivot to High-Intensity Power Sales
Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies....
I’m DONE Solo Mining Bitcoin… Here’s Why
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Hash2cash Bets on Tokenized Hashrate; Executive Rejects AI Pivot
The bitcoin mining industry is facing a severe hashrate shakeout, leading many independent operators to cease operations. In response, Hash2cash...
they ALL have to go…
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Are You Mining Bitcoin at a LOSS Right Now?
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I tried…
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Fluminer T3 Firmware Update… Did It Fix This Bitcoin Miner?
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GPU.
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Startup Starcloud Plans First Bitcoin Mining Satellite in Low-Earth Orbit
A Washington startup says the next frontier for computing—and possibly bitcoin mining—may orbit hundreds of miles above Earth. Bitcoin Mining...
The Fluminer T3 is not a home miner.
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Mining is in a unprofitable state right now.
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Paraguay to Leverage Seized ASICs to Mine Bitcoin
ANDE, the state power company, has partnered with Morphware, an artificial intelligence (AI) and mining tech company, to start a...
I Tested the FluMiner T3… I’m Disappointed
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Morgan Stanley Backs Core Scientific With up to $1B Financing for Data Center Growth
Core Scientific has secured a major financing arrangement with Morgan Stanley that could provide up to $1 billion to support...
Bitcoin Mining Is Changing… and It’s Getting Harder to Survive
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