Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a […]
Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices.The 33% surge in hashrate to 72.2 EH/s reflects intense mining competition and rising […]
Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier. Total revenue for the quarter […]
Key Takeaways Colombia’s Gustavo Petro warned that fossil-fueled Bitcoin mining risks global climate collapse.Paraguay holds the 4th largest global hashrate, while Venezuela’s 9-year peak energy crisis halted mining.Petro wants 3 Caribbean cities to mine Bitcoin, […]
Seven major Bitcoin mining pools have joined the Stratum V2 working group to develop an industry-wide open standard protocol used by mining pool operators to communicate with individual miners in their pools. AntPool, Block Inc, […]
Key Takeaways On May 7, peak 15,579 MW demand prompted Venezuela to reiterate bitcoin mining ban measures.The ban impacts local miners, mirroring a 2024 Russian Energy Ministry policy that saved 300 MW.Despite bans, reports explain […]
Make CryptoSlate preferred on Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge for Bitcoin miners racing to recast themselves as AI […]
Investors appeared to disregard Hut 8’s reported first quarter 2026 net loss of more than $253 million on Wednesday, lifting the shares of the Bitcoin mining company by more than 33%. Hut 8 attributed the […]
Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower industry debt […]
Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit. The new facility reducwd the […]
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