According to ESG expert and tech investor Daniel Batten, Bitcoin mining is evolving from an energy consumer into one of the century’s most vital sustainable innovations. Recent data from Batten, Willy Woo, and the Digital Assets Research Institute (DARI) reveals that 56.7% of the Bitcoin network is now powered by sustainable energy—a significant jump from … Read more
Bitmain, the world’s leading manufacturer of Bitcoin mining hardware, has reportedly implemented aggressive price cuts across its entire product lineup. These “distressed sales” target both legacy and flagship models, reflecting a severe economic downturn within the global mining industry. The Hardware Fire Sale To clear inventory and support a struggling market, Bitmain has introduced substantial … Read more
While a declining hashrate often sparks concern within the crypto community, investment management firm VanEck suggests that recent network cooling could actually be an “encouraging sign.” According to a report by Matt Sigel and Patrick Bush, historical data indicates that periods of miner capitulation frequently serve as contrarian indicators for significant price rallies. The “Hashrate … Read more
In November 2025, a Libyan court sentenced nine individuals to three years in prison for operating a clandestine Bitcoin mining farm within a steel factory in Zliten. This ruling is the latest move in a massive national crackdown on an industry that, despite Libya’s fragile infrastructure, once accounted for 0.6% of the global Bitcoin hash … Read more
Bitcoin mining profitability has reached one of its lowest points in years, primarily due to the drop in hashprice (revenue per petahash per second) to approximately $35/PH/s. Below Break-Even: This hashprice is now below the median cash-based hashcost of around $44/PH/s, meaning a significant part of the mining industry is operating at or below their … Read more
Bitcoin mining is quietly making a comeback in China, despite a comprehensive ban on cryptocurrency activities imposed in 2021. According to a Reuters report, the country has climbed to the third spot globally in mining market share, now accounting for approximately 14% of global mining operations, up from effectively zero after the crackdown. Drivers of … Read more
Crypto mining stocks experienced a broad rally, with the sector posting a 13.84% gain, led by spikes in companies like BitMine (nearly 20%) and Cipher Mining (over 18%). This surge is driven by the growing strategic importance of miners’ established power infrastructure to major tech companies, following Amazon’s announcement of a $50 billion investment in … Read more
U.S. officials are conducting a secret, high-level national security investigation into Bitmain, the Beijing-based company that supplies most of the world’s Bitcoin mining hardware. Key Concerns & The Investigation: The Problem: U.S. lawmakers and intelligence officials fear that foreign-made bitcoin mining infrastructure—specifically Bitmain’s equipment—could be exploited to create cyber and energy-grid vulnerabilities due to its … Read more
Bitfury, one of the earliest and most established Bitcoin mining firms, is undertaking a bold strategic transformation, shifting its focus away from large-scale crypto extraction and into next-generation technology investment. The company, co-founded by Val Vavilov and known for incubating public companies like Cipher Mining and Hut 8, has announced a massive $1 billion investment … Read more