TL;DR Hut 8 has been named the winning bidder for two Poolin data-center sites in Texas with a $140 million offer. The bid is nearly three times the combined $52 million stalking-horse offer that opened the auction process. The transaction is not final: bankruptcy-court approval is still required at a hearing scheduled for September 29.…
In a July 23, 2026 interview with Coin Stories host Natalie Brunell, Thiel discussed the economics behind the Bitcoin mining industry’s increasing interest in artificial intelligence and high-performance computing. His comments, also cited by crypto-focused outlets including BSCN and Wu Blockchain, come as miners look to diversify their businesses amid changing energy economics and rising…
Bitcoin miners just got a rare bit of relief. TL;DR Bitcoin mining difficulty has fallen by just over 10%, one of the largest downward adjustments in the network’s history. The move makes it easier for active miners to find blocks after a slower-than-target adjustment period. The drop gives efficient miners some breathing room, but it…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Kise Shannon is VP of Business Development at Gridmatic, an AI-first power company helping Bitcoin miners and other flexible loads turn energy market volatility into opportunity. Drawing on more than 20 years in the US energy industry – starting in Texas the moment the state deregulated – Kise has built her career across both global…
According to data from a recent on-chain evaluation, the Bitcoin mining sector is once again flashing warning signals, as a key industry health metric now hovers above historically critical levels. In this scenario, the Bitcoin price stands a chance to regain past grounds, but only if a specific pattern plays out. Bitcoin Miner Financial Stress…
Bitcoin is often celebrated as a decentralized network, with mining power distributed globally to ensure security and neutrality. However, a closer look at mining activity suggests that this decentralization may not be as evenly distributed as it appears. While individual theories can participate in mining, the majority of the network’s hash power is concentrated among…
Proceeds from Bitcoin sales have paid for healthcare, environmental programs, and government worker salaries in Bhutan — a detail that puts the kingdom’s latest crypto move in sharper focus. Related Reading A Small Nation With A Big Bitcoin Strategy On Monday, blockchain analytics firm Arkham flagged a transfer of 175 Bitcoin, worth roughly $11.85 million,…
For most miners and infrastructure constructionists – including providers such as Mineshop, bitcoin mining machines’ trusted resource – AI’s connection with mining isn’t a rivalry but a convergence that might redefine the production, management, as well as monetization, of digital power. Two Giants of Compute On paper, AI and Bitcoin mining appear to compete over…
Following a slight slump yesterday from its recent highs, Bitcoin (BTC) is now trading in the low $120,000 range. Meanwhile, BTC’s miner correlation has undergone a significant shift over the past few months, indicating a clear change in market dynamics between miner behavior and price direction. Bitcoin Miner Correlation Turns Negative According to a CryptoQuant…