Three months after divesting its auto financing unit to focus on Bitcoin mining, Chinese conglomerate Cango (CANG) has significantly ramped up crypto production, indicating that its acquisition of Bitmain mining rigs is enhancing its capacity […]
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Update (Aug. 12, 2025, at 1:30 pm UTC): This article has been updated to add a Qubic announcement. Layer-1 blockchain Qubic said it had “completed its attempt to dominate the Monero network,” claiming a month-long […]
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Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs and lower operational costs — a potential boost for miners facing steep capital expenditures to […]
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TeraWulf has become the latest cryptocurrency miner to pivot into AI infrastructure hosting, reaching a long-term agreement with Fluidstack that’s backstopped by Alphabet’s Google — in a move expected to significantly increase the company’s revenue […]
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The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in […]
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