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Nangeng Zhang

Block reward mining Q2: Losses rising faster than revenue

Business

Steven Stradbrooke

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...

BTC miners cheer network difficulty decline, jeer token price decline

Business

Steven Stradbrooke

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...

Block reward miners face the worst economics in BTC history

Business

Steven Stradbrooke

4 December, 2025

Block reward miners face the worst economics in BTC history

BTC miners face unprecedented challenges with plummeting profits, rising costs, and a shift towards AI, marking a critical moment in...

Some block reward miners ditch AI for BTC; others ditch BTC for ETH

Business

Steven Stradbrooke

26 June, 2025

Some block reward miners ditch AI for BTC; others ditch BTC for ETH

Some block reward miners are making strategic moves as they figure out how to turn a profit from this sector;...

BTC miner Canaan records $80 million Q3 loss

Tech

Steve Kaaru

1 December, 2023

BTC miner Canaan records $80 million Q3 loss

Canaan cited a dip in the price of BTC and a slowdown in the ASIC rig sales for its loss...

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Tech

Steve Kaaru

1 September, 2023

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

Canaan recorded $110 million in losses despite hitting an uptick in revenue at $74 million, with inventory write-down and equipment...

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Steven Stradbrooke

25 Aug 2026

Nangeng Zhang

Block reward mining Q2: Losses rising faster than revenue

BTC miners cheer network difficulty decline, jeer token price decline

Block reward miners face the worst economics in BTC history

Some block reward miners ditch AI for BTC; others ditch BTC for ETH

BTC miner Canaan records $80 million Q3 loss

BTC miner Canaan posts $110M net loss in Q2 despite improved revenues

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Trending

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BTC moons as US regulators deregulate, debt tops $40T

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Nigeria targets 95% financial inclusion, expands digital ID

Organizations turn to AI as data breach costs jump 12%: IBM

Hey, Robinhood!!

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Anthropic burned the books?!

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PiWalletSV gives BSV its air-gapped hardware wallet

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