TokenPost topic
Bitcoin mining
30 TokenPost stories are tagged Bitcoin mining. The newest appear first.
Latest Bitcoin mining stories
- Hut 8-Linked Bidder Stays in Race as Poolin Restarts $180M Auction
The Texas Bitcoin mining asset auction will reopen Oct. 2 after Poolin selected a $140 million offer amid bidding disputes.
· Business
- Hut 8’s Poolin Texas Bitcoin Assets Return to Auction at $180 Million
A New Jersey bankruptcy court reopened bidding after negotiations failed, with Hut 8’s affiliate retaining stalking-horse status and a public auction set for Oct. 2.
· Business
- Hut 8 Stays Lead Bidder as Poolin Texas Assets Return to Auction
The proposed deal includes $100 million at closing and up to $80 million in milestone payments tied to future data-center development.
· Business
- New Jersey Court Approves Oct. 2 Auction of Poolin’s Texas Assets
A Hut 8-affiliated company will remain the stalking-horse bidder, with total consideration potentially reaching $180 million.
· Regulation
- River Sues Blockstream Services Canada Over $6.7 Million
River alleges missed payments under a hosted Bitcoin mining termination agreement, including about $3.5 million in prepaid-fee refunds and a $3.1 million early termination fee.
· Regulation
- Soluna, Bitdeer Raise Texas Bitcoin Mining Deployment to 35 MW
The revised agreement expands Bitdeer’s deployment at Soluna’s wind-powered Project Kati 1 from about 28 MW.
· Business
- Bitdeer Plans 28 MW Bitcoin Mining Deployment at Texas Wind Site
The deployment at Soluna’s 83 MW Project Kati 1 is scheduled to begin in Sept. 2026 and could add about 1.93 EH/s under a revenue-sharing model.
· Business
- Hut 8 Secures $1.07 Billion Senior Secured Revolving Facility
The committed bank liquidity is intended to expand Hut 8’s financing capacity across its development pipeline.
· Business
- Iran’s Crypto Mining Uses 14% of Peak-Summer Electricity Deficit
Mining consumes an estimated 700 million kilowatt-hours monthly and carries an annual fuel-equivalent burden of about $1.5 billion.
· Regulation
- Bitcoin Seven-Day Average Hash Rate Hits Three-Week Low
The average fell to about 915.8 million TH/s as miner holdings declined by 1,530 BTC during the week ended Sept. 26.
· Investing
- Bitcoin Mining Faces Pressure as Operators Shift Capacity to AI
Miners are relocating equipment, retiring older machines and placing some hardware on standby as artificial-intelligence workloads compete for power and data-center capacity.
· Investing
- CleanSpark Completes $2.276 Billion Senior Secured Note Offering
The notes carry a 7.875% annual interest rate and mature in 2031.
· Business
- CleanSpark Closes $2.276 Billion Debt Offering for Data-Center Expansion
The Bitcoin miner’s subsidiary issued 7.875% senior secured notes due 2031 to fund its Sandersville Facility, reimburse equity contributions and build debt-service reserves.
· Business
- Bitcoin Spent 280 Days Below Estimated Mining Cost Before Rebound
Bitcoin briefly moved above its estimated $85,000 average production cost before falling back below the threshold, extending pressure on miners.
· Investing
- Bitdeer Maintains Zero Bitcoin Holdings After Selling 288.4 BTC
The Nasdaq-listed Bitcoin miner produced 288.1 BTC during the week ended Sept. 25 and said its net additions were zero BTC.
· Business
- Kazakhstan Creates Framework for Oil-Field Gas to Power Crypto Mining
Decree No. 1347 directs officials to develop autonomous generation using associated petroleum gas and natural gas when those resources are not needed for state use.
· Regulation
- Hut 8 Wins $140 Million Bid for Poolin’s Texas Data Centers
The bid covers Poolin’s Pyote and Tarbush sites and is about 2.7 times the stalking-horse offer that opened the auction.
· Business
- HIVE Faces $84.7 Million Swedish VAT Provision in Mining Dispute
The Bitcoin miner’s Swedish subsidiaries are challenging tax assessments over input VAT, while HIVE has sought further review of the European Union legal questions.
· Regulation
- Luxor Expands Bitcoin Mining Operations Into AI Infrastructure
The company is extending its energy, hardware, software and computing-power trading operations into artificial intelligence infrastructure.
· Technology
- Bitcoin Miners Shift Power to AI Data Centers as Costs Rise
Listed miners’ pretax cash costs reached about $75,500 per Bitcoin in the second quarter, while June hash prices fell to a record low of $27.70 per petahash per second per day.
· Technology
- Hut 8 Wins $140 Million Bid for Two Poolin Texas Data Centers
The deal covers Poolin’s Pyote and Tarbush sites and remains subject to approval by a U.S. bankruptcy court in New Jersey.
· Business
- IREN Stock Jumps as $2.8 Billion AI Deals Drive Revenue Outlook Boost
IREN shares surged after securing $2.8 billion in AI contracts and raising its 2026 revenue target while accelerating its shift from Bitcoin mining to AI cloud infrastructure.
· Business
- IREN Jumps 30% After Securing $2.8 Billion AI Cloud Deals With Microsoft, Nvidia
IREN surged over 30% after signing $2.8 billion in AI cloud agreements with Microsoft and Nvidia, highlighting its shift from Bitcoin mining to AI infrastructure.
· Business
- IREN Shifts From Bitcoin Mining to AI Data Centers With Microsoft, NVIDIA Deals
IREN is pivoting from Bitcoin mining to AI cloud infrastructure through major deals with Microsoft and NVIDIA to build large-scale data center capacity.
· Business
- IREN Gains Attention as $9.7 Billion Microsoft Deal Fuels AI Pivot
IREN is shifting from Bitcoin mining to AI infrastructure, backed by a $9.7 billion Microsoft deal and Nvidia partnership, driving investor attention and valuation debate.
· Business
- IREN Rally Extends as $3.4 Billion NVIDIA Deal Fuels AI Pivot
IREN shares rise as a $3.4 billion NVIDIA agreement and rapid AI revenue growth drive its shift from Bitcoin mining to AI infrastructure.
· Business
- IREN Stock Jumps as Bitcoin Miner Pivots to AI Cloud With Microsoft Deal
IREN shares rose after announcing a Microsoft partnership and plans to expand AI cloud infrastructure with 150,000 GPUs, signaling a shift from Bitcoin mining to diversified compute services.
· Business
- Institutional Investors Increase IREN Holdings Despite Earnings Miss and Revenue Decline
Institutional investors boosted exposure to Bitcoin miner IREN despite weak earnings and declining revenue, reflecting long-term confidence in crypto cycle leverage.
· Business
- IREN Gains Institutional Interest as It Pivots From Bitcoin Mining to AI Infrastructure
IREN is attracting institutional investors including Discovery Capital as it shifts from crypto mining to AI infrastructure backed by long-term deals like Microsoft’s $9.7 billion contract.
· Business
- IREN Stock Falls After Earnings Miss as Bitcoin Miner Shifts to AI Data Centers
IREN shares dropped after a sharp earnings miss as the company accelerates its transition from Bitcoin mining to AI data center infrastructure.
· Business