Fred Thiel

Bitcoin mining rigs could soon come free in boxes of Froot Loops
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12 November, 2026

Bitcoin mining rigs could soon come free in boxes of Froot Loops

Bitcoin miners’ Q3 results show ASIC demand collapsing: MARA sold 40,581 BTC, Canaan’s sales fell 96%, and TeraWulf plans to...
Block reward mining Q2: Losses rising faster than revenue
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7 August, 2026

Block reward mining Q2: Losses rising faster than revenue

Block reward miners faced mounting pressure in the second quarter as weak BTC prices squeezed profitability and AI expansion drove...
Poolin bankrupt, Core Scientific pays $42M to end Proto deal
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30 July, 2026

Poolin bankrupt, Core Scientific pays $42M to end Proto deal

Block reward mining faces mounting pressure as firms pivot to AI, Poolin files for bankruptcy, and Kazakhstan offers cheaper power...
Sun sets quickly on BTC mining economics ‘false dawn’
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14 May, 2026

Sun sets quickly on BTC mining economics ‘false dawn’

The shifting landscape of BTC mining shows miners pivoting to AI as costs rise, impacting production and future strategies in...
BTC miners face major layoffs, treasury selloffs, regional shutoffs
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7 April, 2026

BTC miners face major layoffs, treasury selloffs, regional shutoffs

The BTC network encounters hurdles as miners face layoffs and selloffs, with rising difficulty rates raising concerns in Congress about...
BTC miners cheer network difficulty decline, jeer token price decline
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11 February, 2026

BTC miners cheer network difficulty decline, jeer token price decline

BTC mining difficulty drops over 11% while Cango sells thousands of BTC to strengthen its balance sheet and pivot towards...