MiningBinance shuts down its mining pool on November 10
Binance Pool, Pool Savings and Cloud Mining stop on November 10. What happens to rewards and how miners can move to another pool.
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MiningMexico Seizes 300 Crypto Mining Rigs Tied to a Hydroelectric Dam
Mexican authorities seized 300 mining rigs in the Sierra Norte mountains, wired around the meter into the Nuevo Necaxa dam. Here's what investigators found.
MiningBitcoin Miners Poured $30.7B Into AI, Earned Just $341M
Nine Bitcoin miners spent $5.11B on AI infrastructure but earned just $341M back. What BlocksBridge's numbers reveal about the costly AI pivot.
MiningCypherpunk Buys Zcash Mining Fleet for $33M
Cypherpunk Technologies bought a Zcash mining fleet from Winklevoss Capital for $33.33M, gaining 18% of network hashrate as it targets 5% of ZEC supply.
MiningAnthropic Strikes $9B Deal With Riot Platforms
Riot Platforms signed a 20-year, 191-megawatt power deal with Anthropic valued at roughly $9 billion, Bloomberg reports.
MiningCleanSpark Misses Estimates, Bets Big on AI
Bitcoin miner CleanSpark's revenue fell 30.5% year-over-year, missing the $142.2M estimate. The company is betting on a $6.6B AI data center deal.
MiningAmerican Bitcoin Grows Reserve to 8,002 BTC in Q2
American Bitcoin grew its reserve to 8,002 BTC after mining a record 932 BTC in Q2, as net loss narrowed to $57.2 million.
MiningAschenbrenner Fund Sells Bitcoin Miner Stocks
Hedge fund Situational Awareness sold $1B in bitcoin miner stocks including IREN and Core Scientific. Citadel bought the portfolio; shares jumped 18-27%.
MiningPoolin Files for Chapter 11: What Happens to the Former Mining Leader
Mining pool Poolin, the 2019 leader, filed for Chapter 11 and is selling its Texas sites for $52M. Here's what happens to its assets and creditors.