Australia Clears a Path for Stablecoin Distribution—No Extra Licenses Required

Australia’s corporate watchdog on Thursday unveiled a class exemption letting licensed intermediaries distribute stablecoins issued by Australian financial services (AFS) licensees without separate approvals. Class Relief Lets Crypto Brokers Distribute Stablecoins Under... Read more »

ASIC Bitcoin Miners Are Back in Profit Mode—Here’s What They’re Making Daily

With bitcoin climbing 14.6% over the past 30 days, miners are raking in higher earnings. The going rate for 1 petahash per second (PH/s) of hashpower now floats around $60.49, padding profits... Read more »

Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real

Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital... Read more »

Blockstream Spins out Mining and ASIC Divisions in Major Restructuring Effort

The bitcoin-focused technology firm closed a $210 million funding round led by Fulgur Ventures last October and is now implementing key expansion initiatives. Strategic Shift: Blockstream Carves out Mining and Hardware Divisions... Read more »

LAX Cargo Theft Unveiled: LAPD Catches Suspects Behind $2.7M in Stolen Bitcoin Miners

A local news outlet reports that two individuals tied to a South American theft ring were apprehended in Los Angeles after allegedly stealing $4 million in goods, including $2.7 million worth of... Read more »

Bitdeer Posts $531.9M Q4 Loss Amid Heavy ASIC Investments, Eyes 40 EH/s Hashrate Target  

Bitdeer Technologies Group reported a $531.9 million net loss for Q4 2024 as it invested heavily in proprietary mining hardware development, including $243.4 million in payments to chip manufacturer Taiwan Semiconductor Manufacturing... Read more »

Report: US Customs Impound Bitcoin Miners as Tech Regulations Tighten

According to a newly published report by Blockspace, U.S. Customs and Border Protection (CBP) is said to have been impounding bitcoin application-specific integrated circuit (ASIC) mining machines. Sources Claim U.S. Customs Seized... Read more »

US-Designed Bitcoin Miner Delivers Promising Results

Auradine’s latest bitcoin miner, a U.S.-designed ASIC chip, is making waves in the mining hardware market after tests demonstrate an efficiency comparable to Bitmain’s leading miner. This article is from Theminermag, a... Read more »

Canaan Introduces Bitcoin Mining Home Heaters at CES 2025

Canaan, a bitcoin application-specific integrated circuit (ASIC) mining rig manufacturer, unveiled the Avalon Mini 3 and Avalon Nano 3S, bitcoin mining devices that also function as home heaters, at CES 2025 in... Read more »

From Price Tags to Terahash: Navigating Bitmain and Microbt’s Available Mining Machines in 2025

Over the past year, leading manufacturers of application-specific integrated circuit (ASIC) bitcoin mining rigs have introduced a range of cutting-edge devices. Many of these rigs are quickly snapped up by major mining... Read more »