Mining

Cango Inc. has shifted its focus from car trading to Bitcoin mining and is now aiming to reach 50 EH/s by early 2025. With its growing BTC supply, as well as Tencent’s institutional investor backing and ties to Bitmain, could…

Bitcoin's computing power reached a record high of 862 exahashes per second (EH/s) on Friday, surpassing the previous high of 852 EH/s set in early February. Bitcoin Network Resources Are Being Activated On March 28, the overall network processing speed…

Bitcoin (BTC) supporters often claim that it is the most decentralized cryptocurrency, but the reality may be different. Onchain statistics show that only two Bitcoin mining pools have mined more than 51% of all BTC over the past three years.…

A solo miner who successfully mined block 888,737 of Bitcoin last month and received a reward of $266,000 in Bitcoin has shared his story with mining hardware developer FutureBit, whose Apollo devices played a key role in achieving the feat.…

HC Wainwright & Co. analyst Mike Colonnes has included Bitfarms shares among his top Bitcoin mining stocks for 2025, citing significant operational improvements and a shift toward high-efficiency computing and AI infrastructure. In a research note following Bitfarms' Q4 2024…

As Bitcoin mining becomes more competitive and difficult, industry leaders are looking to optimize their use of AI data centers, which is no easy task. At the Mining Disrupt conference in Fort Lauderdale, Florida this week, leading mining companies noted…

At first there were only CPUs, then GPUs appeared for mining bitcoins. In 2013, a powerful ASIC entered the market, which, together with the “shoebox” form factor, became a symbol of the bitcoin mining industry. What's the future? Will the…

Canaan Inc. said Wednesday that its subsidiaries have signed agreements to expand their self-service mining operations to sites in Pennsylvania and Texas, adding about 4.7 exahashes per second (EH/s) to their computing power. Canaan sees growth in the US from…

What happens when a rural African community generates more electricity than it can consume? Can Bitcoin mining turn unused hydropower into a source of economic revival for the local community? Table of contents Zengamina's Fading Vision Finds Light Meshless installations…

Canaan Inc. reported revenue of $269.3 million for 2024, with bitcoin mining revenue up 312% year-over-year to $44 million. The company also bolstered its North American mining presence with new contracts in Pennsylvania and Texas that will add 4.7 EH/s…