Bitcoin miner Canaan reported a net loss of $88.7 million for the first quarter of 2026, as falling Bitcoin (BTC) prices squeezed …
miner
-
-
After approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining …
-
Smart Contracts
Bitcoin Miner IREN Closes $3 Billion Convertible Notes Offering to Fuel AI Transformation
by shayaanby shayaanIn short IREN Limited closed a $3 billion convertible senior notes offering to finance AI infrastructure expansion. Net proceeds were $2.96 billion, …
-
This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and …
-
Mining
Bitcoin Miner MARA Stock Under Pressure Following $1.5 Billion Bitcoin Sell-Off
by shayaanby shayaanMARA Holdings still has in its coffers 35,303 Bitcoin valued at roughly $2.84 billion, making it the fourth largest corporate Bitcoin holder …
-
Mining
Bitcoin miner MARA sold $1.5 billion of bitcoin as it shifts toward AI infrastructure
by shayaanby shayaanMARA Holdings (MARA) is still producing bitcoin , but it is getting harder to argue that mining is its core business. In …
-
American Bitcoin mined coins at $36,200 each in Q1 2026, cutting costs 23% and posting a 50% gross margin. American Bitcoin (ABTC), …
-
Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin …
-
Mining
Keel Infrastructure Posts $145 Million Loss as Firm Completes Pivot From Bitcoin Miner to AI
by shayaanby shayaanIn brief Keel Infrastructure (formerly Bitfarms) posted a $145M net loss in Q1 2026, with revenue down 23% year-over-year to $37M. The …
-
Scams
Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option
by shayaanby shayaanIn brief Nvidia and IREN Limited announced a $3.4 billion cloud services deal, with plans to deploy up to 5 gigawatts of …