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The rising network difficulty and the need to pay for energy are pushing out smaller players and even publicly traded corporations. The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive…
Charles O. Parks III, who admitted to misusing $3.5 million worth of resources from two cloud computing providers to mine crypto, was sentenced to one year and one day in prison. A crypto influencer has been sentenced to just over a year in prison for what US prosecutors called a large-scale cryptojacking operation that defrauded…
Hive Digital’s fiscal Q1 2026 revenue jumped 44.9% in its mining segment and nearly 60% in its HPC unit. Hive Digital, a Bitcoin miner turned data center infrastructure provider, reported record revenue and earnings in its fiscal first quarter, driven by strong growth in high-performance computing (HPC) hosting services alongside its core mining business. In…
Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier. Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the…
Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025. American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from…
Block’s Proto Rig and Proto Fleet aim to reduce upgrade costs and extend rig lifespans, giving miners a potential edge in a capital-intensive, increasingly AI-integrated industry. Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs and lower operational costs — a potential boost for…
HashFlare co-founders Sergei Potapenko and Ivan Turõgin were given time served for copping to their roles in a $577 million scheme, with prosecutors saying they’re weighing an appeal. The founders of HashFlare, a crypto mining company behind a $577 million Ponzi scheme, have escaped additional jail time after admitting to their roles in the scheme….
MARA Holding’s expansion into AI and high-performance computing is expected to close in Q4, and comes amid a steep rise in Bitcoin mining difficulty. Bitcoin miner MARA Holdings is making its biggest AI play to date, signing a $168 million deal to buy a 64% stake in Exaion, a subsidiary of French state-owned Électricité de…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to hold WLFI tokens, a significant amount of Ether shorts got liquidated….
Bitcoin Indonesia said it recently pitched Bitcoin to the Vice President’s office and explored Bitcoin mining as a national reserve strategy. The Indonesian government has been exploring Bitcoin as a reserve asset, according to Bitcoin Indonesia, which recently met with officials to discuss how the strategy can drive economic growth in the country. “We were…