Tag: Mining

Public Miners Sell Record Bitcoin as Industry Splits Between Selling and Quality Growth – Mining Bitcoin News

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This article first appeared in Miner Weekly, a weekly newsletter by BlocksBridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from TheEnergyMag. Subscribe to receive in your inbox once a week. Several major public miners, including MARA, CleanSpark, Riot, Cango, Core Scientific (NASDAQ: CORZ), and Bitdeer (NASDAQ: BTDR), have already sold more than 32,000 BTC in the first quarter of 2026, according to data analyzed by TheEnergyMag. The dataset remains incomplete, as first-quarter earnings reports are still pending. Even so, the figure already exceeds total net…

Major Bitcoin Mining Companies Sold More BTC in Q1 2026 Than All of 2025

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Publicly traded Bitcoin (BTC) mining companies sold more BTC in Q1 2026 than in all four quarters of 2025, as business conditions tighten for the mining industry.  Publicly listed BTC miners, including MARA, CleanSpark, Riot, Cango, Core Scientific and Bitdeer, have collectively sold more than 32,000 BTC in Q1 2026, according to TheEnergyMag. The Q1 sales surpassed the 20,000 BTC sold in Q2 2022 during the crypto bear market triggered by the collapse of the Terra-Luna ecosystem, setting a “new record” for BTC miner sales in a single quarter, TheMinerMag…

Bitcoin mining costs surge 47% on US tariffs

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Bitcoin mining operations in the US are absorbing a 47 percent increase in deployment costs after Section 232 tariffs on steel, aluminum, and copper stacked on top of an existing 21.6 percent duty on ASIC miners from Southeast Asia, pushing competitive advantage toward mining operations in Kazakhstan, Russia, and other tariff-exempt jurisdictions. Summary A flagship Antminer S21 XP now carries roughly $1,600 in Section 232 metals duties on top of the existing 21.6 percent ASIC reciprocal tariff, bringing the combined tariff burden to approximately 47 percent before any other import…

Foundry Digital Launches Zcash Mining Pool

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Crypto mining pool operator Foundry Digital has launched a pool for the privacy-focused cryptocurrency Zcash, which the company says has secured nearly 30% of the Zcash network hashrate through partnerships with multiple institutional mining clients. “Institutional and public miners are seeking a compliant, purpose-built Zcash mining solution,” Foundry said on Monday, a month after announcing its plan to create the Foundry Zcash Pool. Source: Foundry Foundry, which is also the largest mining pool on the Bitcoin blockchain, did not disclose which institutional miners it had onboarded to reach a 29.2%…

Bitcoin Mining Centralization Raises Questions as AI Infrastructure Decentralizes

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Bitcoin mining and artificial intelligence are moving in structurally opposite directions – and the divergence is widening fast enough to constitute a systemic risk signal for anyone pricing network resilience into their models. According to analysis from Galaxy Research and Grand View Research, Bitcoin’s hashrate has consolidated dramatically from its early distributed architecture, while AI infrastructure is trending toward decentralization through edge computing deployments that distribute processing across nodes rather than concentrating it in centralized data centers. The governing concept here is what we would call the Centralization Asymmetry: two…

Researcher suggests AI may decentralize just as Bitcoin mining turns industrial

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Bitcoin and artificial intelligence appear to be moving in opposite directions regarding how their power is distributed. Summary Bitcoin mining is increasingly shifting toward industrial-scale operations while AI development begins to move toward smaller and more personal device applications. The edge AI market is projected to reach 119 billion dollars by 2033 as localized data processing and privacy needs drive a 300 percent growth rate. High energy costs in the United States are pushing Bitcoin hash rates toward the Global South, with Ethiopia and Paraguay emerging as major hubs for…

Minecraft, But Your Health Multiplies Every Time You Mine…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Minecraft, But Your Health Multiplies Every Time You Mine… (Challenge) Follow My Socials: ∘ Instagram – @wispexe ∘ Photo Instagram – @wisp.photos ∘ Twitch – ∘ Discord – This is a Minecraft (1.16) challenge in which I am trying to speedrun Minecraft and beat the enderdragon, however, MINING IS OVERPOWERED! This is not a Minecraft Speedrunner VS Hunter, but a ‘Minecraft but’ challenge… This one is one of the weirdest I’ve done. #MinecraftBut​ #MinecraftChallenge ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io…

Cango Completes $442M Bitcoin Liquidation and Secures $75M in New Capital for AI Pivot – Mining Bitcoin News

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Key Takeaways: Cango Inc. sold 6,451 BTC across February and March 2026, generating roughly $442 million to retire bitcoin-backed loans. The sales cut Cango’s outstanding BTC-collateralized debt to $30.6 million and reduced its hashrate to 37.01 EH/s by March 31. Cango secured a $65 million insider equity investment and a $10 million convertible note from DL Holdings to fund its AI compute pivot. Bitcoin Miner Cango Cuts Crypto-Backed Loans With Pair of Large BTC Sales Cango Inc. (NYSE: CANG) executed the first sale on approximately Feb. 7-8, offloading 4,451 BTC…

Iran’s Crypto Mining Sector Hit Hard, Hashrate Drops Nearly 80%

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Sealminer A4 Series Debuts as Bitdeer Hits New Bitcoin Mining Efficiency Record – Mining Bitcoin News

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Key Takeaways: Bitdeer launched the Sealminer A4 Ultra Hydro on April 7, 2026, hitting 9.45 J/TH efficiency, among the best figures in the industry. The A4 series, powered by Bitdeer’s SEAL04 chips, improves on the A3 series’ 12.5 J/TH, cutting power costs for miners facing tight post-halving margins. BTDR shares gained approximately 2.8% on launch day, with no shipment dates or pricing disclosed yet. Sealminer A4 Ultra Hydro Delivers 886 TH/s at 9.45 J/TH for Bitcoin Miners The Singapore-based company released the A4 lineup through its Sealminer brand, the in-house…