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bitcoin mining
Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the public ledger known as the blockchain. It involves using specialized computer hardware to solve complex mathematical problems. The first miner to solve the problem gets to add a new block to the blockchain and is rewarded with newly created bitcoins and transaction fees. This process ensures the security and integrity of the Bitcoin network.
Tether Shuts Down Bitcoin Mining Operations in Uruguay
Tether has decided to halt its bitcoin mining operations in Uruguay, pulling back from a high-profile infrastructure project as electricity prices rise and the BTC price weakens. The company is canceling a planned $500 million investment in...
“Extremely Lucky” Solo Miner Solves a $266,000 Bitcoin Block
A rare streak of luck has once again shaken the mining community: a solo miner with only 1.2 TH/s managed to solve Bitcoin block 924,569, securing a reward worth approximately $266,000.
The event instantly sparked discussion in mining...
Only 5% of Bitcoin Remains to Be Mined as the Network Enters Its Final Era
Bitcoin is entering a historic phase: as of mid-November 2025, miners have just 1.05 million BTC left to extract out of the fixed 21 million supply. With 95% of all coins already mined, the network is approaching the...
Bitfarms to Shut Down Bitcoin Mining and Fully Transition to AI Compute Infrastructure
Shares of Canadian mining company Bitfarms fell 18% after the firm announced a dramatic strategic shift: within two years, it plans to completely shut down its Bitcoin mining operations and convert all...
CleanSpark Raises $1.15 Billion to Expand Bitcoin Mining and AI Infrastructure
U.S.-based Bitcoin mining company CleanSpark has announced plans to raise $1.15 billion through a senior offering of convertible notes, aiming to expand its crypto-mining operations and accelerate the build-out of...
Riot Boosts Bitcoin Mining 27% Ahead of AI Data Center Pivot
Riot Platforms has increased its Bitcoin production by 27% in Q3 2025, reaching record revenue of $180.2 million. Yet, the company’s leadership now says cryptocurrency mining is no longer its core priority.
From Bitcoin mining to...
Finnish Bitcoin Mining Farms Now Heating Homes With Recycled Energy
In Finland, cryptocurrency mining has found an unexpected second purpose - heating homes. Local companies such as Hashlabs, Terahash, MARA and MinersLoop have begun redirecting the excess heat generated by their ASIC mining...
Bitcoin Mining Profitability Surged Above 50% Annual Return in September
Antminer S21 Series Leads the Profitability Rankings
According to data from Intelion, Bitcoin mining profitability in September 2025 exceeded an impressive 50% annual ROI, reinforcing its position as one of the most...
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