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Bitcoin miners are missing the crypto rally as exchanges, stablecoins surge
Among tracked companies, only one bitcoin mining company has outperformed the cryptocurrency: Canaan (ticker CAN).
📰 The Block
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📢 @Coindce
Bitcoin miners are missing the crypto rally as exchanges, stablecoins surge
Among tracked companies, only one bitcoin mining company has outperformed the cryptocurrency: Canaan (ticker CAN).
📰 The Block
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
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Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño reduced reservoir inflows by roughly 20%. The twist is that miners had become one of Ethiopian Electric Power’s biggest customers, consuming roughly a third of its electricity and supplying about 35% of revenue. Now the same hydropower that made Ethiopia a mining destination is running short, and the region’s households are getting first dibs.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
Ethiopia’s Bitcoin Mining Boom Just Ran Into a Water Problem
Ethiopia has cut electricity deliveries to bitcoin miners by 75%, leaving them with just 23% of contracted power after El Niño reduced reservoir inflows by roughly 20%. The twist is that miners had become one of Ethiopian Electric Power’s biggest customers, consuming roughly a third of its electricity and supplying about 35% of revenue. Now the same hydropower that made Ethiopia a mining destination is running short, and the region’s households are getting first dibs.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
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Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers. Ethiopia has reportedly reduced electricity delivered to Bitcoin miners to 23% of contracted levels as lower water inflows strain the country’s hydroelectric reservoirs. On Tuesday, Bloomberg reported that El Niño intensified dry conditions in the east African country, reducing water inflows into its reservoirs by 20%.
📰 CoinTelegraph
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📢 @Coindce
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the state-owned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and manufacturers. Ethiopia has reportedly reduced electricity delivered to Bitcoin miners to 23% of contracted levels as lower water inflows strain the country’s hydroelectric reservoirs. On Tuesday, Bloomberg reported that El Niño intensified dry conditions in the east African country, reducing water inflows into its reservoirs by 20%.
📰 CoinTelegraph
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
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BLAKE2b Bitcoin Fork Wants Miners to Wait 45 Days to Touch Their Coins
The developers who maintain the minority chain that forked away from Bitcoin on Aug. 8, 2026, plan to make it so miners cannot unlock newly mined coins for 45 days. The news comes as BTCB2, also labeled Bitcoin BLAKE2b, Bitcoin BIP-110, or XBT on some trading venues, has dropped 84% below its all-time high.
📰 Bitcoin.com
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📢 @Coindce
BLAKE2b Bitcoin Fork Wants Miners to Wait 45 Days to Touch Their Coins
The developers who maintain the minority chain that forked away from Bitcoin on Aug. 8, 2026, plan to make it so miners cannot unlock newly mined coins for 45 days. The news comes as BTCB2, also labeled Bitcoin BLAKE2b, Bitcoin BIP-110, or XBT on some trading venues, has dropped 84% below its all-time high.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
⛏️ This is big.
Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows
Bitcoin Magazine
Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows
Sazmining, a Bitcoin Mining as a Service company founded in 2020 and led by CEO and Co-Founder Kent Halliburton, today launched the Wild Sats Club, a loyalty program with four tiers that lowers the management fee customers pay as their petahash under management grows. The program is open to existing and new customers starting today. This post Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows first appeared on Bitcoin Magazine and is written by Bitcoin Magazine .
📰 Bitcoin Magazine
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows
Bitcoin Magazine
Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows
Sazmining, a Bitcoin Mining as a Service company founded in 2020 and led by CEO and Co-Founder Kent Halliburton, today launched the Wild Sats Club, a loyalty program with four tiers that lowers the management fee customers pay as their petahash under management grows. The program is open to existing and new customers starting today. This post Sazmining Launches the Wild Sats Club, a Loyalty Program That Discounts Mining Management Fees as Customer Hashrate Grows first appeared on Bitcoin Magazine and is written by Bitcoin Magazine .
📰 Bitcoin Magazine
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
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Bitcoin Miners Bank Strong September as Difficulty Barely Budges
According to data, Bitcoin’s blockchain logged an extremely modest difficulty adjustment at block height 969696, dropping by a mere 0.03%. Hashprice has held above $40 per petahash, while the network’s computational power has remained below 1,000 exahash per second (EH/s). Bitcoin Miners Bank Strong September as Difficulty Barely Budges
Key Takeaways
- Bitcoin difficulty dipped just 0.03% to 132.72 trillion at block 969696.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
Bitcoin Miners Bank Strong September as Difficulty Barely Budges
According to data, Bitcoin’s blockchain logged an extremely modest difficulty adjustment at block height 969696, dropping by a mere 0.03%. Hashprice has held above $40 per petahash, while the network’s computational power has remained below 1,000 exahash per second (EH/s). Bitcoin Miners Bank Strong September as Difficulty Barely Budges
Key Takeaways
- Bitcoin difficulty dipped just 0.03% to 132.72 trillion at block 969696.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
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From Bitcoin Mining to Global Banking, Bhutan Eyes Abu Dhabi
On Thursday, DK Bank, Bhutan’s fully digital bank, announced it had secured preliminary regulatory approval to establish a financial services presence in Abu Dhabi, United Arab Emirates. The development marks another step in the bank’s international ambitions, positioning Bhutan’s Gelephu Mindfulness City (GMC) to forge stronger ties with global financial institutions and investors. From Bitcoin Mining to Global Banking, Bhutan Eyes Abu Dhabi
Key Takeaways
- DK Bank told Bitcoin.com News that it received preliminary approval on Oct.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
From Bitcoin Mining to Global Banking, Bhutan Eyes Abu Dhabi
On Thursday, DK Bank, Bhutan’s fully digital bank, announced it had secured preliminary regulatory approval to establish a financial services presence in Abu Dhabi, United Arab Emirates. The development marks another step in the bank’s international ambitions, positioning Bhutan’s Gelephu Mindfulness City (GMC) to forge stronger ties with global financial institutions and investors. From Bitcoin Mining to Global Banking, Bhutan Eyes Abu Dhabi
Key Takeaways
- DK Bank told Bitcoin.com News that it received preliminary approval on Oct.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
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SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
Genesis Digital Assets, once one of Sam Bankman-Fried’s largest crypto investments, is being repurposed for the artificial-intelligence boom after SWI Group took majority control. SWI has now raised about $896 million to expand the former bitcoin miner’s data-center footprint for hyperscale computing customers. SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
Key Takeaways
- SWI Group took control of Genesis Digital and raised about $896M to expand AI data centers.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
Genesis Digital Assets, once one of Sam Bankman-Fried’s largest crypto investments, is being repurposed for the artificial-intelligence boom after SWI Group took majority control. SWI has now raised about $896 million to expand the former bitcoin miner’s data-center footprint for hyperscale computing customers. SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
Key Takeaways
- SWI Group took control of Genesis Digital and raised about $896M to expand AI data centers.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
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FTX’s crypto mining venture is now used to advance AI
FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. The investment company SWI Group has raised about $900 million in capital as part of plans to scale its data center and AI computing capacity, which includes a mining operation previously tied to cryptocurrency exchange FTX. In a Monday notice, SWI Group said the 800-million-euro, or about $900 million, capital raise would fund its AI and data center expansion plans in Europe and the United States.
📰 CoinTelegraph
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
FTX’s crypto mining venture is now used to advance AI
FTX’s crypto mining venture is now used to advance AI
The defunct exchange acquired a 20% stake in Genesis Digital Assets before FTX declared bankruptcy in November 2022. The investment company SWI Group has raised about $900 million in capital as part of plans to scale its data center and AI computing capacity, which includes a mining operation previously tied to cryptocurrency exchange FTX. In a Monday notice, SWI Group said the 800-million-euro, or about $900 million, capital raise would fund its AI and data center expansion plans in Europe and the United States.
📰 CoinTelegraph
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
💰 Big news in the space.
Bitcoin Miner Fees Fall to Just 0.64% of Revenue, Analyst Says
Bitcoin's recovery from $59,000 to $84,000 has improved mining economics, but older equipment remains under pressure.
📰 CryptoPotato
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
Bitcoin Miner Fees Fall to Just 0.64% of Revenue, Analyst Says
Bitcoin's recovery from $59,000 to $84,000 has improved mining economics, but older equipment remains under pressure.
📰 CryptoPotato
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
🔶
Binance to shut down mining pool, cloud mining and related services
Binance said it will shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10.
📰 The Block
#BNB #Binance #BitcoinMining #Mining #CryptoNews
📢 @Coindce
Binance to shut down mining pool, cloud mining and related services
Binance said it will shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10.
📰 The Block
#BNB #Binance #BitcoinMining #Mining #CryptoNews
📢 @Coindce
₿
Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years
In brief
- Binance will discontinue Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator and related features at 07:00 UTC on Nov. - Miners must point their hardware to another pool before the cutoff, and Pool Savings users must redeem their positions before the service ends. - The closure follows Binance's July shutdown of its exchange NFT service and its June push into U.S.
📰 Decrypt
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
Binance Is Shutting Down Its Bitcoin Mining Pool After Six Years
In brief
- Binance will discontinue Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator and related features at 07:00 UTC on Nov. - Miners must point their hardware to another pool before the cutoff, and Pool Savings users must redeem their positions before the service ends. - The closure follows Binance's July shutdown of its exchange NFT service and its June push into U.S.
📰 Decrypt
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
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Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technology and AI infrastructure companies, with Bitcoin miners among those hit. The S&P 500 fell 1.1%, its biggest one-day decline since July 29; the Nasdaq Composite fell 1.9%, its biggest one-day drop since July 23, while the Dow Jones Industrial Average fell 0.1% over the day.
📰 CoinTelegraph
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technology and AI infrastructure companies, with Bitcoin miners among those hit. The S&P 500 fell 1.1%, its biggest one-day decline since July 29; the Nasdaq Composite fell 1.9%, its biggest one-day drop since July 23, while the Dow Jones Industrial Average fell 0.1% over the day.
📰 CoinTelegraph
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
💻 Big news in the space.
Sazmining Brings Proto’s Immersion Hashboards to Individual Owners, With 0% Financing From $1,397 Down
— October 16th, 2026 — Sazmining today began offering Proto immersion hashboards to individual and institutional buyers through its mining-as-a-service platform. The launch brings Proto’s immersion systems, until now deployed by large operators, to anyone who wants to own competitive hashrate, starting at $1,397 with 0% financing over 18 months. Proto, Block’s (NYSE: XYZ) suite of bitcoin mining products and services, designs its immersion mining hardware for efficiency, durability, and long-term performance.
📰 Bitcoin Magazine
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
Sazmining Brings Proto’s Immersion Hashboards to Individual Owners, With 0% Financing From $1,397 Down
— October 16th, 2026 — Sazmining today began offering Proto immersion hashboards to individual and institutional buyers through its mining-as-a-service platform. The launch brings Proto’s immersion systems, until now deployed by large operators, to anyone who wants to own competitive hashrate, starting at $1,397 with 0% financing over 18 months. Proto, Block’s (NYSE: XYZ) suite of bitcoin mining products and services, designs its immersion mining hardware for efficiency, durability, and long-term performance.
📰 Bitcoin Magazine
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
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Sazmining Now Sells Jack Dorsey’s Proto Immersion Hashboards
Bitcoin mining just got a lower barrier to entry. Sazmining announced Thursday that it is now selling Proto’s immersion hashboards directly to individual and institutional buyers through its mining-as-a-service platform. Previously, the hardware was mostly in the hands of large-scale operators.
📰 Bitcoin Magazine
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
Sazmining Now Sells Jack Dorsey’s Proto Immersion Hashboards
Bitcoin mining just got a lower barrier to entry. Sazmining announced Thursday that it is now selling Proto’s immersion hashboards directly to individual and institutional buyers through its mining-as-a-service platform. Previously, the hardware was mostly in the hands of large-scale operators.
📰 Bitcoin Magazine
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
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Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment abandoned by larger competitors. Bitcoin’s network hashrate has climbed to a seven-month high despite major publicly traded miners shifting capacity toward artificial intelligence, suggesting other operators are replacing lost computing power and intensifying competition among remaining network miners. According to BlocksBridge Consulting’s latest Miner Weekly newsletter, Bitcoin’s seven-day average hashrate has recovered above 1 zettahash per second (ZH/s), equivalent to 1,000 exahashes per second (EH/s), its highest level since March 3.
📰 CoinTelegraph
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📢 @Coindce
Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment abandoned by larger competitors. Bitcoin’s network hashrate has climbed to a seven-month high despite major publicly traded miners shifting capacity toward artificial intelligence, suggesting other operators are replacing lost computing power and intensifying competition among remaining network miners. According to BlocksBridge Consulting’s latest Miner Weekly newsletter, Bitcoin’s seven-day average hashrate has recovered above 1 zettahash per second (ZH/s), equivalent to 1,000 exahashes per second (EH/s), its highest level since March 3.
📰 CoinTelegraph
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
🔴
Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Monero’s network hashrate is hovering near historic highs, but its mining distribution tells an equally compelling story. On Monday, network computing power stood near 7.12 GH/s, with three major mining pools controlling approximately 60% of that total. Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Key Takeaways
- Monero’s network hashrate reached an estimated 7.12 GH/s on Oct.
📰 Bitcoin.com
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Monero’s network hashrate is hovering near historic highs, but its mining distribution tells an equally compelling story. On Monday, network computing power stood near 7.12 GH/s, with three major mining pools controlling approximately 60% of that total. Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year
Key Takeaways
- Monero’s network hashrate reached an estimated 7.12 GH/s on Oct.
📰 Bitcoin.com
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
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BTC Hash Ribbon Signal Flipped: Bitcoin Miners Show the Bottom Might Be In
The hash ribbon recovered on August 26 and has held for 61 days. Historically, Bitcoin was higher one year later in six of seven counted recoveries, about a 72% edge. Sean Hagan breaks down the signal, the misses (15 of 231, notably April 2021 at -17%), the January signal still 12% underwater, and why the 30-day hash rate at roughly 1.1 ZH, up 13% from July, says the worst of the miner stress is behind us.
📰 Bitcoin Magazine
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
BTC Hash Ribbon Signal Flipped: Bitcoin Miners Show the Bottom Might Be In
The hash ribbon recovered on August 26 and has held for 61 days. Historically, Bitcoin was higher one year later in six of seven counted recoveries, about a 72% edge. Sean Hagan breaks down the signal, the misses (15 of 231, notably April 2021 at -17%), the January signal still 12% underwater, and why the 30-day hash rate at roughly 1.1 ZH, up 13% from July, says the worst of the miner stress is behind us.
📰 Bitcoin Magazine
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
‼️
BiXBiT Launches Antminer Firmware with Up to 40% Hashrate Gains and Integrated Mining Management
PRESS RELEASE – Białystok, Poland, October 28th, 2026 Bitcoin mining is becoming more competitive, and every terahash and every kilowatt-hour matters more than ever. The industry is actively looking for tools to get maximum performance and efficiency from mining equipment, and firmware is one of the most powerful of them. With this in mind, BiXBiT …
📰 CryptoPotato
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
BiXBiT Launches Antminer Firmware with Up to 40% Hashrate Gains and Integrated Mining Management
PRESS RELEASE – Białystok, Poland, October 28th, 2026 Bitcoin mining is becoming more competitive, and every terahash and every kilowatt-hour matters more than ever. The industry is actively looking for tools to get maximum performance and efficiency from mining equipment, and firmware is one of the most powerful of them. With this in mind, BiXBiT …
📰 CryptoPotato
#BitcoinMining #Mining #CryptoNews
📢 @Coindce
‼️
Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
While bitcoin prices have tumbled in the aftermath of the massive $6.3 billion Binance hack, miners closed October with their highest monthly revenue since November 2025. However, the leading crypto asset’s recent price deterioration has taken a considerable toll on mining profitability, with current hashprice figures sitting 17.54% below their levels just 30 days earlier. Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
Key Takeaways
- Bitcoin miners face mounting pressure as market conditions deteriorate.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce
Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
While bitcoin prices have tumbled in the aftermath of the massive $6.3 billion Binance hack, miners closed October with their highest monthly revenue since November 2025. However, the leading crypto asset’s recent price deterioration has taken a considerable toll on mining profitability, with current hashprice figures sitting 17.54% below their levels just 30 days earlier. Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
Key Takeaways
- Bitcoin miners face mounting pressure as market conditions deteriorate.
📰 Bitcoin.com
#Bitcoin #BTC #BitcoinMining #Mining #CryptoNews
📢 @Coindce