Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan

Key TakeawaysBitcoin miners had a great deal to celebrate in August, pulling in around $1.008 billion as hashprice climbed to $38.86 per PH/s.Miner outflows remained fairly limited for...

During the three months ending June 30, CleanSpark put 9,400 Bitcoin-equivalent call contracts through Spot+, its strategy for selling options around ongoing sales from its corporate Bitcoin treasury....

Key TakeawaysZEC clocked $979 on Sept. 3, logging a significant 88.1% gain over the past 30 days.Zcash hashrate is sitting at 91% of its record as a great...

Bitcoin’s hashrate has spent 316 days below its record as miners redirect power toward AI.The seven-day network average stood near 914 exahashes per second on Aug. 31, about...

Key TakeawaysBitcoin mining uses 30% of Paraguay’s power, sparking warnings of a major energy crisis by 2029.Stagnant power generation and a $15B funding gap threaten the nation’s long-term...