Compute
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TheMinerMag Becomes TheEnergyMag as Trillion-Dollar AI Build Cycle Begins
This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting curating the latest news in energy, compute, infrastructure, and dat...
Bitcoin Miner NFN8 Files Chapter 11 After Fire, Lease Strain as Hashprice Hits Record Low
Bitcoin mining operator NFN8 has filed for bankruptcy protection in Texas, seeking to sell all of its assets following a fire at its primary facility and mounti...
Cango Sells 4,451 BTC, Cuts Bitcoin Reserves by 60% to Repay Loan
Bitcoin mining giant Cango sold 4,451 BTC over the weekend, reducing its digital asset holdings by 60% as it moved to repay debt amid renewed market volatility....
Bitcoin Mining Difficulty Set for Biggest Drop Since 2021 China Ban
Bitcoin’s mining difficulty is set to decline by about 11.4% in about two hours, which would mark the largest downward change since the aftermath of China’s swe...
Bitfarms Deleverages, Unveils Keel Rebrand as Bitcoin Mining Margins Sink Below $30/PH/s
Bitfarms plans to fully repay its $300 million debt facility with Macquarie Group and move forward with a corporate rebrand as part of a broader pivot away from...
Miner Weekly: ERCOT Hits Reset on Texas’ AI and Mining Power Queue
This article first appeared in Miner Weekly, BlocksBridge Consulting’s weekly newsletter curating the latest news in bitcoin mining and data analysis from...
Bitcoin Hashprice Hits Record Low as BTC Falls Below $70,000
Bitcoin’s hashprice fell below $32/PH/s on Thursday, setting a new all-time low as the cryptocurrency’s price slid under $70,000 for the first time since Novemb...
Cango Breaks Bitcoin HODL Stance, Sells 550 BTC Amid Mining Pressure
Cango changed course on its bitcoin holding strategy in January, selling more BTC than it produced during the month as mining economics tightened across the sec...
Cipher Seeks $2B in New Secured Notes to Fund AI Data Center Build in Texas
Cipher Mining plans to raise $2 billion through a new offering of senior notes, adding to a growing wave of debt issuance by bitcoin miners seeking capital for ...