Mining

Scottie Resources launches its largest-ever 50,000-meter drill program at the Scottie Gold Mine Project in British Columbia's Golden Triangle, aiming for significant resource expansion.

Canaan Inc. launches a 'hash-to-heat' project in the Nordic region, converting Bitcoin mining heat into residential energy, a step towards sustainable crypto mining.

Bitcoin mining companies are pivoting to AI infrastructure, leveraging 27GW of power capacity for over $90B in deals, addressing AI's soaring energy demand.

Soluna Holdings reports surging Q1 2026 revenue, driven by Bitcoin mining and strategic expansion into AI and HPC data centers, acquiring Project Dorothy 1A and advancing Project Kati.

Thai authorities recently raided an illegal Bitcoin mining operation in Nan Province, uncovering over $80,000 in stolen electricity and highlighting global energy theft issues.

Leading Bitcoin mining firm BitFuFu sees significant 32% production drop in April, driven by a power outage in Ethiopia and strategic cutbacks amidst fluctuating Bitcoin prices.

Bitcoin's mining difficulty jumps over 3%, intensifying competition and reshaping profitability for miners as the network's processing power continues to grow.

Canaan Inc. reports record Bitcoin and Ethereum holdings, significant hashrate growth, and a new partnership with Tether for immersion-cooled mining technology in its April 2026 update.

New data reveals over 56% of Bitcoin mining is now powered by sustainable energy, challenging its 'energy hog' label and showcasing its role in green tech. Read more.

CleanSpark reports Q1 2026 financial results with revenue decline and widened net loss, yet highlights strategic doubling of power capacity and 18% hashrate increase.

Marathon Digital Holdings announced a $1.3 billion net loss in Q1 2026, driven by unrealized Bitcoin losses. The company sold $1.1B in BTC and is pivoting to AI.

Seven major Bitcoin mining pools, including Foundry and AntPool, unite to adopt Stratum V2, aiming to boost efficiency, security, and decentralization amidst rising operational costs and profitability challenges.