The total market cap of the 14 U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) dropped 25% in March, the third-worst monthly performance on record, the Wall Street bank said Tuesday. Only…
Category: mining
Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says
Hut 8’s (HUT) new subsidiary, American Bitcoin Corp., a partnership between the mining company and the Trump family, could be spun out, allowing the company to focus on data center hosting, broker…
Bitcoin Hashrate Hits New High, But Will Rising Costs and Tariffs Derail Growth?
The Bitcoin mining industry is becoming increasingly competitive as the network’s hashrate reaches an all-time high (ATH). At the end of March 2025, Bitcoin’s hashrate hit 850 million TH/s. However, alongside this…
IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers
Australia-based bitcoin miner IREN is redirecting its growth plans away from BTC mining and towards its AI data centers and AI cloud services businesses. “As we near completion of our 50 EH/s…
Hashrate Kings – Inside the Hydro-Cooled ASICs Dominating Bitcoin Mining in 2025
Within the realm of bitcoin mining, a wave of advanced machinery has elevated performance to unprecedented heights over the past year. While industry titans such as Bitmain continue to dominate, challengers like…
Trump’s sons join forces with Hut 8 to build ‘American Bitcoin’ — a Bitcoin mining powerhouse
Eric Trump and Donald Trump Jr. have officially entered the Bitcoin mining industry, teaming up with Hut 8 to launch ‘American Bitcoin’ — a new mining company aiming to become the world’s…
Soluna, Luxor Streamline Bitmine’s Growth
Soluna Holdings and Luxor Technology partnered with Bitmine Immersion Technologies to deploy a turnkey bitcoin mining solution that tripled operational capacity while mitigating risks tied to energy volatility and equipment costs. Bitmine…
Bitcoin Miners See Growing Opportunity Under Trump, Though Challenges Persist
Smoke from Nicaraguan cigars choked out the room as a heavy-set Bitcoin miner from the Deep South explained how the industry was expanding at an exponential rate. “You have no idea,” he…
Is This the Next Big Name in Bitcoin Mining?
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…