Core Scientific (CORZ) reported a $347.2 million first-quarter net loss as its Bitcoin self-mining revenue fell sharply and high-density colocation became its largest revenue source. In its earnings report published Wednesday, the company reported a […]
Key Takeaways: Bitcoin’s hashprice hit $36.46 per PH/s on April 23, 2026, keeping all 14 tracked ASIC miners profitable at $0.04/kWh, asicminervalue.com stats show. Bitmain’s Antminer S23 Hydro 3U leads estimated daily earnings at $31.62. […]
Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower industry debt […]
Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX, replacing its prior credit facility with Coinbase Credit. The new facility reducwd the […]
Key Takeaways: Bitcoin difficulty fell 2.3% on May 1, marking 6 cuts in 2026 as hashrate dipped below 1 ZH/s. Over the last seven days, Foundry USA mined 31.51% of 987 blocks, and with Antpool […]
Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million. The data center revenue helped offset a decline in Riot’s core Bitcoin […]
Key Takeaways: Luxor Technology expanded LuxOS firmware to MicroBT Whatsminer miners, covering select M50 series models. MicroBT’s investment manager ITL signed a term sheet alongside a $100M Luxor hardware purchase commitment. Whatsminer fleets gain Power […]
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. In the first installment […]
Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity and boosts compute density for […]
Bitcoin miner Core Scientific plans to scale its Texas operations into a large artificial intelligence-focused data center campus with up to 1.5 gigawatts of gross power capacity. In a Monday announcement, the company said it […]
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