Over the weekend, bitcoin miner Cango sold 4,451 bitcoin for around $305 million. According to a company press release, the sale was completed to partially pay down a bitcoin-collateralized loan.

Bitcoin prices have fallen 44% since October, but Bitcoin miners have found a new lease on life—as AI data centers. It’s a trend that’s already lifted several Bitcoin miner stocks over the past two ...

Bitcoin miner Cango said it sold 4,451 Bitcoin over the weekend for net proceeds of about $305 million. Cango (CANG) said it sold 4,451 Bitcoin over the weekend for net proceeds of about $305 million ...

Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from ...

Bitcoin miner MARA moved 1,318 BTC worth about $86.89 million to a mix of counterparties and custody venues over the past 10 hours, onchain data tracked by Arkham shows. The biggest slice went to Two ...

Tether has released an open-source operating system for bitcoin mining, pitching it as a way to make running mining infrastructure simpler while reducing reliance on closed, vendor-controlled software ...

Bitcoin miners globally are facing increasing challenges to stay afloat in their business. The whole Bitcoin-halving gambit and the volatility of crypto as a whole, thanks to geopolitical tensions, ...

During the coronavirus pandemic, some of my acquaintances feared they would get laid off and were exploring different revenue streams. Those interested in innovative methods were quickly drawn to ...

The fallout from the arctic blast that swept across the US is prompting some large-scale Bitcoin mining companies to shutter parts of their energy-intensive operations as electricity costs surge. A ...

Bitcoin’s most recent halving took place in 2024, cutting the reward miners receive for each new block (David Pereiras/The Noun Project) While today’s data center conversation revolves around AI, ...

Cipher Mining CIFR and IREN Limited IREN are U.S.-based Bitcoin miners that began as pure-play miners, with revenues tightly linked to Bitcoin prices, network difficulty, and hash rate growth. Both ...

In June, WSJ’s Joanna Stern headed inside a data center to show just how much energy it takes to make an AI image and video. Photo: David Hall It’s harder than ever to mine bitcoin. And less ...