IREN stock jumps over 6% after $674 million GPU order, pushing AI cloud ambitions Nasdaq-listed IREN, the bitcoin mining and data-center company, saw its shares jump around 6 percent in trade on Monday, after it revealed that it has doubled its AI Cloud GPU... Stacy Pereira — 1 week ago
Mining economics 2.0: From energy arbitrage to financial derivatives Bitcoin mining has evolved beyond the traditional model where profit came solely from the difference between block rewards and a fixed electricity rate. After the 2024 halving, the enterprise currently... Rita Dfouni — 2 weeks ago
Kyrgyzstan advances plan for a state crypto treasury amid regulatory overhaul Kyrgyzstan has taken a significant step toward creating a national cryptocurrency reserve, embedding the initiative within broader reforms to its virtual asset legislation. On September 10, the Kyrgyz Parliament approved... Nazia Saeed — 3 weeks ago
Ethiopia gives big boost to Bitcoin mining with launch of Africa’s largest hydroelectric dam Ethiopia officially inaugurated Africa's largest hydroelectric dam on Tuesday, a project that will provide energy to millions of Ethiopians while deepening a rift with downstream Egypt that has unsettled the region. Ethiopia, the continent's second most populous... Reuters — 3 weeks ago
Google expands stake in TeraWulf to 14 percent, sends stock soaring Google has increased its investment in TeraWulf, becoming its largest shareholder with a ~14 percent equity stake, the company said in a press release. The move followed additional backstop support... Stacy Pereira — 1 month ago
Proto Rig, Proto Fleet: Jack Dorsey’s Block unveils upgrade for Bitcoin miners Jack Dorsey's Block is looking to increase the longevity of Bitcoin mining equipment with new upgrades. To do so, the crypto-friendly fintech firm has unveiled Proto Rig and Proto Fleet... Radhika Parashar — 1 month ago
Bit Digital Q2 revenue misses expectations Bit Digital reported its fiscal second-quarter results, showing a decline in revenue but stronger profitability. The company is moving away from a pure mining business toward an Ethereum-focused treasury and... Reuters — 1 month ago
Crypto miner Canaan Q2 revenue jumps 39.5% Crypto mining firm Canaan posted mixed results for the second quarter of 2025, showing record growth in its mining operations but still reporting a net loss. Revenues are up 39.5%... Reuters — 1 month ago
MARA Holdings to issue $850 million in senior notes Bitcoin mining firm MARA Holdings has announced plans to issue $850 million in 0% senior convertible notes with no coupons attached on Wednesday, as per a press release. The notes... Johann Wilfred — 2 months ago
BitFuFu mines 445 BTC in June, announcing most productive month Bitcoin mining company BitFuFu mined 445 BTC in June, announcing on Monday via press release that it marks the firm’s best performance in terms of Bitcoin mined on a monthly... Johann Wilfred — 2 months ago
