Bitcoin Mining

Bitcoin mining is the process by which new bitcoins are created and transactions are verified and added to the blockchain network. It involves powerful computers solving complex mathematical problems to secure the Bitcoin network and maintain its decentralized nature. Individuals, companies, and even specialized mining pools participate in this process, known as miners. These miners play a crucial role in ensuring the integrity and security of the Bitcoin network. As the number of bitcoins in circulation is limited, mining also serves as a means of distributing new bitcoins. Miners are rewarded with newly minted bitcoins for their computational efforts and the energy they contribute to the network. Bitcoin mining has evolved over time, with the advent of more efficient hardware and the rise of mining farms. These farms, often operated by companies, leverage economies of scale to maximize their mining capabilities. Additionally, mining protocols and algorithms have been developed to adapt to the increasing computational power and maintain the network's stability. Crypto exchanges facilitate the trading of bitcoins, allowing miners to convert their earned bitcoins into traditional currencies or other cryptocurrencies. This dynamic ecosystem of people, companies, protocols, and blockchain networks collectively contribute to the functioning and growth of Bitcoin and the broader cryptocurrency market.


Finance

Bitcoin Mining Stocks Plunge as Revenue Craters Amid Market Carnage

MARA, RIOT, CLSK among mining stocks that fell more than 10% on Monday.

(Scott Olson/Getty Images)

Markets

Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity

Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.

A 30MW mining facility (Sandali Handagama/CoinDesk)

Markets

Bitfarms Secures Up to $300M from Macquarie to Launch Panther Creek HPC Project

Initial $50M draw supports early-stage development; full $300M project-level facility to fund buildout of 500MW HPC site in Pennsylvania.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Markets

U.S.-Listed Bitcoin Miners Shed 25% of Their Market Cap in March: JPMorgan

The monthly performance was the third-worst on record, the report said.

(Shutterstock)

Finance

IREN Calling Off Bitcoin Mining Expansion in Favor of AI Data Centers

The company expects to reach its previously planned 52 EH/s of bitcoin mining capacity in coming months.

https://www.hpe.com/us/en/newsroom/press-release/2023/06/hewlett-packard-enterprise-unveils-ai-cloud-for-large-language-models.html

Markets

Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC

The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.

Marathon Digital CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Policy

Proof-of-Work Crypto Mining Doesn’t Trigger Securities Laws, SEC Says

In a staff statement published Thursday, the SEC said that both solo mining and mining pool operations would fail the first prong of the Howey Test.

SEC Commissioner Hester Peirce (Nikhilesh De/CoinDesk)

Markets

Bitcoin Miners Feel Squeeze as Hashprice Erases Post-Election Gains

Transaction fees made up just 1.3% of total block rewards in February, marking the lowest share since the last bear market bottom in 2022.

bitcoin miner (Shutterstock)

Tech

How Bitdeer Is Transforming Bitcoin Mining Machines

The Singapore-based miner has big plans to shake up ASICs with a new design and a greater commitment to transparency.

Bitdeer (Credit: Bitdeer)

Markets

Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months

The company redirected mining rigs to self-mining as customer delayed payments during bitcoin's price drop..

(Bitdeer Group)

Bitcoin Mining | CoinDesk