Bitcoin Miner Canaan Reports $88.7M Quarterly Loss Amid Revenue Drop to $62.7M
TL;DR: Canaan recorded a net loss of $88.7 million in Q1 2026, reporting total revenues of $62.7 million. A drop in Bitcoin’s price and a $25
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Bit Digital Reports Revenue Drop and Wider Q1 Net Loss Amid Ethereum Pivot
TL;DR: Bit Digital recorded total revenues of $27.9 million in Q1 2026, a 13.6% decline compared to Q4 2025. The drop was driven by lower ETH
Venezuela Keeps Crypto Mining Ban in Place as Power Demand Reaches 9-Year High
TL;DR: The Ministry of Electric Energy confirmed that the disconnection of digital asset mining farms remains in effect indefinitely. Electricity demand in Venezuela reached 15,000 megawatts
Colombian President Points to Venezuela and Paraguay in Push for Caribbean Bitcoin Mining Investment
TL;DR: Gustavo Petro pointed to Venezuela and Paraguay as examples of countries attracting Bitcoin mining investment through abundant clean energy. His proposal frames Colombia’s Caribbean coast
Tether and Canaan Launch Modular Bitcoin Mining Systems Built for Scalable Efficiency
TL;DR Modular Shift: Tether and Canaan introduce modular mining systems that separate compute, power, and enclosure to improve efficiency and flexibility. Industrial Design: Tether and Canaan
MARA Foundation Bets on Bitcoin’s Future, Targeting Quantum Threats and Security Risks
This Monday, one of the global mining giants, MARA Holdings, announced the launch of the MARA Foundation, a non-profit organization dedicated to ensuring the long-term health
Tether Launches MDK to Give Bitcoin Miners Full‑Stack Infrastructure Control
TL;DR: Tether launched MDK, an open-source development framework that unifies infrastructure control across Bitcoin mining operations. MDK combines a JavaScript backend SDK with a React UI
American Bitcoin Expands Mining Capacity with 11K+ New ASICs at Drumheller Site
This Wednesday, American Bitcoin, the mining and treasury firm co-founded by Eric Trump, announced that they will increase their total hashrate by more than 12%. The
Foundry Unveils New Zcash Explorer With Pool Controlling 30% of Hashrate
TL;DR: Foundry officially launched a Zcash mining pool that already concentrates nearly 30% of the network’s total hashrate. The pool operates under the PPLNS model and
Solo BTC Miner Scores Block 944,306 and Claims Full 3.128 BTC Reward
TL;DR Rare Solo Win: A BTC miner with only 70TH solved block 944,306 and earned 3.128 BTC worth $222,012, overcoming extremely low odds. Tiny Hashpower Share:
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