Mining

Cango Sells 2,000 BTC Amid Miner Pivot to AI, Global Hashrate Drops 17%

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

Published at 2026-04-10 05:45:15
Cango Sells 2,000 BTC, Cuts March Mining Costs by 19%

Cango said it sold 2,000 BTC to retire debt and reported a 19% reduction in March bitcoin production costs as it shifts strategy toward energy and AI infrastructure. The moves aim to strengthen the balance sheet and improve unit economics.

Published at 2026-04-08 13:45:44
Marathon Sells 15,000+ BTC, Lays Off 15% as It Pivots to AI and Energy

MARA Holdings has sold more than 15,000 BTC for roughly $1.1 billion and cut about 15% of staff to retire convertible debt, signaling a strategic move away from pure bitcoin mining toward AI and energy infrastructure. The actions aim to shore up the balance sheet but may carry short-term market implications.

Published at 2026-04-03 07:30:10
Riot Sells 3,778 BTC in Q1 as Miners' Profit Squeeze Intensifies

Riot sold 3,778 BTC in Q1 and Arkham flagged a 500 BTC outflow Thursday; MARA, Genius Group and Nakamoto Holdings collectively sold 15,501 BTC last week, a wave of miner selling that could add near-term pressure to Bitcoin.

Published at 2026-04-03 03:45:14
Luxor Launches Commander Software to Boost Bitcoin Mining Profits

Luxor launched Commander on April 1, 2026, a fleet management platform designed to automate profitability and unify bitcoin mining operations under a single control layer. The Seattle-based company says Commander offers real-time fleet monitoring and remote command functionality for miners.

Published at 2026-04-02 10:45:09
US Targets Chinese Tech in Bitcoin Mining Crackdown

Senators introduced the Mined in America Act as the U.S., which holds about 38% of global Bitcoin mining capacity, seeks to curb reliance on Chinese-made hardware. The move signals a potential crackdown that could reshape supply chains and costs for miners and investors.

Published at 2026-03-31 19:15:12
American Bitcoin Corp Boosts Holdings to 7,000 BTC

Trump-linked miner American Bitcoin Corp now holds 7,000 BTC, climbing the list of largest corporate treasuries as many firms sell; Metaplanet raised $255M to expand its own BTC stash.

Miner-Linked Whale Withdraws 9,000 ETH From Binance

A whale tied to the mining industry moved 9,000 ETH off Binance on March 29, 2026, according to on-chain records. The withdrawal reduces exchange-held Ether and could indicate a shift to long-term custody or staking rather than immediate selling.

Published at 2026-03-29 09:30:06
MicroBT Unveils Hydro ASICs for Industrial-Scale Bitcoin Mining

MicroBT announced two new hydro-cooled Bitcoin mining rigs on March 18, 2026, aimed at large-scale industrial farms with higher hashrates and improved energy efficiency. The move targets operators seeking greater density and lower operating costs as block reward competition tightens.

Published at 2026-03-18 04:45:08
New U.S. Rules Define Crypto Staking and Mining

U.S. regulators have issued formal rules that define crypto staking and mining, ending more than a decade of uncertainty. The framework is intended to clarify legal status, compliance obligations, and encourage broader institutional participation.

Published at 2026-03-17 21:46:00