Browsing: mining

The renewable-energy-powered miner laid out a sliding scale of profitability that gets very interesting at current Bitcoin price levels

Bitcoin mining was once a highly technical and resource-intensive process, requiring specialized hardware, significant electricity consumption, and ongoing maintenance. The rise of Bitcoin mining apps, however, has changed how everyday users can access the mining economy.

Skip the giant mining rig — try this $50 desktop alternativeCredit: BlockChance Deal pricing and availability subject to change after time of publication.

Shares of MARA Holdings (NASDAQ:MARA | MARA Price Prediction) are down 7% to $9.94 Friday afternoon, while Cipher Mining (NASDAQ:CIFR) shares are sliding 6% to $17.14 and TeraWulf (NASDAQ:WULF) shares are down 4% to $16.88. The declines cap a bruising week for Bitcoin miners.

Poolin, once the largest Bitcoin mining pool, has filed for Chapter 11 bankruptcy in New Jersey. The Singapore-based company, which previously controlled up to 20% of the global Bitcoin hashrate, cited substantial liabilities of approximately $173.1 million against assets valued between $1 million and $10 million. The bankruptcy filing includes two U.S. affiliates and marks…

Former Bitcoin mining pool giant is seeking to sell two Texas sites for at least $52 million after filing for bankruptcy.

Hut 8 Corp. (HUT) shares have swung between $44 and $133 in 2026, a peak-to-trough gain of about 200%

Nasdaq-listed IREN Limited (IREN) shares jumped nearly 20% on Monday after the AI cloud provider signed $2.8 billion in new customer contracts and lifted its 2026 revenue run-rate target above $4 billion.

Publicly traded bitcoin miners CleanSpark (NASDAQ: $CLSK), BitFuFu (NASDAQ: $FUFU) and Canaan (NASDAQ: $CAN) reported lower bitcoin production in June.

A new Bitcoin mining machine factory is being constructed in Reno, Nevada, by Singapore-based Bitdeer Technologies. The facility, spanning 187,000 square feet, is set to produce 10,000 Bitcoin mining machines monthly and create 70 high-paying local jobs. The construction is part of Bitdeer’s strategy to enhance its manufacturing capabilities in the U.S., potentially reducing reliance…