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Marathon Pivots to Net-Zero Energy Mining
Mining

Marathon Pivots to Net-Zero Energy Mining

MARA Holdings unveiled a multi-year plan to shift its fleet toward stranded renewable energy and methane-vent capture, looking to differentiate on emissions intensity.

Wei Lin//Mar 12, 2025//5m
AI Workloads Encroach on Bitcoin Mining Power Contracts
Mining

AI Workloads Encroach on Bitcoin Mining Power Contracts

Hyperscale AI data center demand is competing aggressively for the same power and transmission slots that miners had been quietly accumulating for years.

Roy Atkinson//Sep 4, 2025//5m
Bitcoin Network Hashrate Briefly Tags 1 ZH/s
Mining

Bitcoin Network Hashrate Briefly Tags 1 ZH/s

The total computational power securing Bitcoin briefly crossed one zettahash per second, a previously theoretical milestone now realized in practice.

Wei Lin//Jul 22, 2025//5m
Iris Energy Diversifies Into AI Compute Hosting
Mining

Iris Energy Diversifies Into AI Compute Hosting

The Sydney-listed miner expanded its AI compute hosting business with new Nvidia HGX-class deployments, joining the broader public-miner pivot.

Wei Lin//Aug 19, 2025//5m
Cipher Mining Signs Major HPC Hosting Deal
Mining

Cipher Mining Signs Major HPC Hosting Deal

The U.S. miner announced a multi-year HPC hosting contract with a Fortune 500 cloud customer, signaling the deepening relationship between mining and AI infrastructure.

Theresa Volkov//Oct 15, 2025//5m
Hut 8 and Riot Bring Acquired Kentucky Facility Online
Mining

Hut 8 and Riot Bring Acquired Kentucky Facility Online

The 200MW former Cascade-Datatech site, acquired in late 2024, has been energized and integrated into both companies' production fleets.

Roy Atkinson//Jun 26, 2025//4m
Russian Bitcoin Mining Sees Quiet Rebound
Mining

Russian Bitcoin Mining Sees Quiet Rebound

After Moscow formalized a regulatory regime for industrial mining, on-chain analysts say Russia's share of global hashrate has climbed back near 11%.

Wei Lin//Apr 29, 2025//5m
Hashrate Migrates Toward Quebec Hydro Power
Mining

Hashrate Migrates Toward Quebec Hydro Power

Several mid-tier miners have relocated capacity to Quebec, drawn by the province's abundant low-cost hydroelectric power and cooler ambient temperatures.

Roy Atkinson//May 13, 2025//5m
Pakistan Floats a National Bitcoin Mining Strategy
Mining

Pakistan Floats a National Bitcoin Mining Strategy

Islamabad announced a coordinated effort to attract industrial-scale mining operators, citing surplus generation capacity and a regional push for hard-currency revenue.

Wei Lin//Aug 4, 2025//5m
Pre-S19 Mining Rigs Now Loss-Making at Average Power Cost
Mining

Pre-S19 Mining Rigs Now Loss-Making at Average Power Cost

The post-halving difficulty environment combined with sub-$100k Bitcoin has made any rig older than the S19 series unprofitable at average industrial power rates.

Wei Lin//Nov 12, 2025//5m
Public Miner Premium to NAV Compresses
Mining

Public Miner Premium to NAV Compresses

After two years of trading at material premiums to underlying Bitcoin holdings, public miners' equity premiums have compressed sharply, with implications for ATM-driven accumulation strategies.

Theresa Volkov//Dec 12, 2025//5m
Texas Bitcoin Miners Curtail Aggressively as Grid Tightens
Mining

Texas Bitcoin Miners Curtail Aggressively as Grid Tightens

ERCOT's revised demand-response programs are paying miners more to power down — and the largest operators are leaning into it.

Roy Atkinson//Aug 12, 2025//6m
Bitmain Launches Next-Generation ASIC with a Major Efficiency Jump
Mining

Bitmain Launches Next-Generation ASIC with a Major Efficiency Jump

The Antminer S23 series claims a meaningful step down in joules-per-terahash, the metric that determines mining survival post-halving.

Wei Lin//Oct 22, 2025//5m
A Small-Miner Bankruptcy Wave Quietly Clears the Field
Mining

A Small-Miner Bankruptcy Wave Quietly Clears the Field

Margin compression has triggered a steady stream of Chapter 11 filings among second-tier miners, consolidating hashrate into the largest operators.

Roy Atkinson//Feb 19, 2025//5m
CoreWeave-Style HPC Pivots Tempt the Largest Miners
Mining

CoreWeave-Style HPC Pivots Tempt the Largest Miners

As CoreWeave's market valuation has demonstrated the multiple traditional public markets pay for AI hosting, the largest miners are exploring more aggressive AI strategies.

Theresa Volkov//Oct 4, 2025//6m

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