Riot Pauses 600MW Bitcoin Mining Expansion for AI and HPC
Riot Platforms shelved the planned Phase 2 expansion at its Corsicana site, reserving the capacity for potential AI and high-performance computing workloads.
Roy Atkinson//Jan 21, 2025//5m
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MARA's Production Drops 12% in January
Marathon Digital reported a sharp January production decline as network difficulty fluctuations and intermittent curtailment trimmed mined output.
Roy Atkinson//Feb 5, 2025//5m
ERCOT Hits Reset on Texas's AI and Mining Power Queue
The Texas grid operator unveiled a draft plan to overhaul large-load interconnection, moving from one-at-a-time studies to system-wide batch reviews.
Roy Atkinson//Feb 4, 2026//6m
Hashrate Drops to 663 EH/s During Winter Storm Fern
A brutal winter storm forced roughly 40% of global Bitcoin mining capacity offline, with public miners curtailing aggressively to support a stressed power grid.
Roy Atkinson//Dec 15, 2025//6m
CleanSpark Earns Record Power Credits Through Curtailment
Disciplined participation in ERCOT's demand-response programs has made curtailment revenue a meaningful share of CleanSpark's overall mining margin.
Roy Atkinson//Dec 3, 2025//5m
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
AI Compute and Bitcoin Mining Will Coexist Less Comfortably Than We Hope
The interlocking power and infrastructure demands of AI hyperscale buildouts and Bitcoin mining will create more conflicts than synergies over the next several years.
Roy Atkinson//Oct 23, 2025//6m