Crypto mining news, hardware and profitability
MiningLeading 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.
MiningBitcoin's mining difficulty jumps over 3%, intensifying competition and reshaping profitability for miners as the network's processing power continues to grow.
MiningCanaan 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.
MiningNew 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.
MiningCleanSpark reports Q1 2026 financial results with revenue decline and widened net loss, yet highlights strategic doubling of power capacity and 18% hashrate increase.
MiningMarathon 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.
MiningSeven 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.
MiningAmerican Bitcoin (ABTC) reported a nearly $82 million net loss in Q1 2026 despite record Bitcoin production, highlighting challenges in crypto mining.
MiningTeraWulf's Q1 2026 results show High-Performance Computing (HPC) revenue surpassing Bitcoin mining for the first time, signaling a major industry shift towards AI diversification.
MiningBitcoin mining companies, including TeraWulf and HIVE Digital, are rapidly pivoting to AI and high-performance computing services to diversify revenue amidst Q1 losses and shifting market dynamics.
MiningIREN Limited reports Q1 2026 revenue decline amid Bitcoin market shifts, accelerating its pivot to lucrative AI Cloud services with NVIDIA partnership.
MiningAmerican Bitcoin Corp. significantly expanded its mining capacity by deploying over 11,000 new ASIC machines, taking a contrarian stance as other firms explore AI and HPC.