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Miner Weekly – The Great Bitcoin Mining Power Shift: Who Won Q1?
Public Bitcoin miners unplugged tens of exahash in Q1 2026 as AI retrofits accelerated, reshaping the network’s hashrate distribution despite relatively stable ...
IREN Closes $3 Billion Convertible Deal after AI Push Draws Bigger Backing
IREN has closed a $3 billion convertible senior notes offering, expanding one of the largest capital raises yet by a publicly traded bitcoin miner pursuing an aggressive buildout of AI infrastructure.
2h ago
Bitdeer Reports Q1 2026 Revenue of $188.9 Million and Positive Adjusted EBITDA
Bitdeer Technologies Group reported total revenue of $188.9 million for the first quarter ended March 31, 2026, an increase from $70.1 million in the same period last year. The company recorded a net loss of $159.5 million for the quarter, compared to a net profit of $105.3 million in the first quarter of 2025.
8h ago
BitFuFu Bitcoin Output Falls 32% After Ethiopia Outage, Hashrate Pullback
BitFuFu’s April bitcoin production fell 32% from the previous month as the company navigated a power outage at its Ethiopia mining site and scaled back third-party hashrate purchases to protect profitability amid weaker bitcoin prices.
15h ago
Canaan Reaches Record Crypto Holdings and Expands Mining Capacity in April 2026
In April 2026, Canaan's proprietary mining activities yielded 90 BTC, supplemented by 3 BTC received through client transactions. Its joint venture interests, primarily located in West Texas, contributed an additional 48 BTC. By the end of the month, the company's balance sheet held a record 1,826 BTC and 3,952 ETH after accounting for operational expenses.
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Miner Weekly – The Great Bitcoin Mining Power Shift: Who Won Q1?
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Bitdeer Reports Q1 2026 Revenue of $188.9 Million and Positive Adjusted EBITDA
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Canaan Reaches Record Crypto Holdings and Expands Mining Capacity in April 2026
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