News
Large Bitcoin mining companies are looking to expand into AI services for new sources of revenue amid the post-Bitcoin halving pressure.
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Mining News
Mining is the process of adding and validating transaction records on the Bitcoin public blockchain ledger while securing uptime for the network. This is how the network persists without relying on trusted third parties using vulnerable, centralized infrastructure. Mining is also used to distinguish legitimate Bitcoin (BTC) transactions from attempts at double-spending, which is when a user attempts to re-spend money that has already been spent somewhere else.
What miners are actually doing is continually guessing for a specific number (the nonce) designated in the header of the following block, which has a predetermined number of zero bits. When they guess the correct number after using extensive computation power, they solve the proof-of-work and are rewarded with the protocol currency, BTC. This simultaneously serves as the minting process for Bitcoin.
Bitcoin mining has come a long way since the network’s launch in 2009. In the early days, mining was how one would participate within the Bitcoin economy, using relatively modest computation resources such as an average consumer-grade laptop to allocate hashing power to solving the proof-of-work algorithm and earn Bitcoin from the block subsidy, all while securing the network.
Since then, mining has become a multibillion-dollar global industry, with massive operations and facilities around the world using incredible amounts of resources to compete for the block rewards of many different cryptocurrencies, all the while providing critical infrastructure and security to these networks.
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Bitcoin's network hashrate hit an all-time high of over 1.2 trillion on Tuesday and remains elevated despite a drop in difficulty.
5415 - Market Analysis
Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains.
3273 - News
Daylight removes the high upfront cost of installing solar panels and batteries, which has impeded the adoption of solar energy.
3976 - Explained
Discover how Bitcoin mining runs in 2025: From halving rewards and ASIC rigs to mining pools, hashprice shifts and power use.
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The amendment to the National Defense Authorization Act could create even more economic pain for the crypto mining industry if passed.
6147 - News
Despite Kazakhstan’s public pro-crypto stance, the volume of crypto platforms engaged in illicit financial schemes and closed down increased in 2025.
4948 - News
The legislative proposal introduces a tiered tax system for energy used by crypto miners in New York, charged by kilowatt-hour used.
3853 - News
The regulator stated that farmland must be used only for agricultural purposes to qualify for government services, subsidies, and utilities.
4912 - News
TeraWulf is reportedly planning $3 billion in funding through Morgan Stanley with Google’s backstop as the mining firm pivots to AI.
4234 - News
Google has acquired a 5.4% stake in Bitcoin miner Cipher Mining by backstopping $1.4 billion of Fluidstack’s obligations in a $3 billion, 10-year AI data center deal.
11918 - News
Tether said reports that it has exited Uruguay “do not accurately reflect the situation” and the local mining operator is working with the government to “resolve friction.”
7229 - News
The rising network difficulty and the need to pay for energy are pushing out smaller players and even publicly traded corporations.
23998 - News
Cipher, Terawulf, Iris Energy, Hive and Bitfarms rallied sharply in September, outpacing Bitcoin despite tightening mining economics and weaker onchain activity.
4591 - News
The Bitcoin network mining difficulty continues its long-term upward trend, hitting an all-time high of 134.7 trillion on Friday.
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