#mining
7 stories
OCEAN Mining Buys Out Co-Founder Luke Dashjr, Who Moves On to New Venture CONVOY
Dashjr gives up his equity and three senior roles. OCEAN still found 2.45% of recent blocks, while CONVOY has yet to show it is running a pool.
Bitcoin's 23% Rally Sent Beaten-Down Miners Past the AI Stocks
Canaan, American Bitcoin and Cango jumped as much as 67%, reversing the market's preference for miners pivoting into AI.
The AI Gold Rush Is Pulling Miners Away From Bitcoin for Good
Riot signed a $9bn, 20-year compute deal with Anthropic. Once the warehouses switch, the change is expensive to undo.
The Chip Crash Is Redrawing Bitcoin Miners' AI Pivot Math
Miners spent two years selling megawatts to the AI boom. July's $2 trillion semiconductor rout is forcing a rethink of what that optionality is worth.
Bitcoin Mining Difficulty Hits All-Time High Eleven Months After the Halving
The hashrate has fully absorbed the reward cut. New ASIC deployments in West Texas and Ethiopia are pushing the network's compute toward a new equilibrium.
Ethiopia's Bitcoin Mining Capacity Doubles on Renaissance Dam Power
The country's total hashrate reached 4.1 EH/s in March, making it the fastest-growing mining jurisdiction in the world. The government sees the industry as a dollar-earning export.
Post-Halving Mining Economics Are Forcing New Revenue Models Into the Open
Hash-backed lending, block template auctions, and MEV-style extraction are all being built out simultaneously. The pure-hashrate-for-block-reward model is not enough at current margins.