Jason Les

Are block reward miners selling more BTC than they’re mining?
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4 March, 2026

Are block reward miners selling more BTC than they’re mining?

Riot Platforms reports $663 million loss despite soaring revenue, pivoting to AI/HPC while Core Scientific began its AI pivot.
BTC miners’ Q1 results awash in red ink (we hope it’s ink)
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14 May, 2025

BTC miners’ Q1 results awash in red ink (we hope it’s ink)

Trump promised miners ample supplies of cheap energy, leading to last month’s executive orders that rolled back environmental restraints.
Will the last BTC miner shut off rigs when they leave for AI?
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18 October, 2024

Will the last BTC miner shut off rigs when they leave for AI?

Jefferies Group analysts note that September's BTC mining revenue and profits were lower than the sector reported in August.