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Mining

Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.

6 days ago by Crypto InsightsCrypto

Bhutan is quietly unwinding one of the most unusual bitcoin experiments any government has ever run. The Royal Government of Bhutan transferred roughly 319.7 BTC worth $22.68 million to two addresses on Thursday, according to Arkham Intelligence data. Roughly 250 BTC went to a wallet… Read More

IREN, Cipher Mining (CIFR) and Hut 8 (HUT) could be set to add to AI-related gains

IREN, Cipher Mining (CIFR) and Hut 8 (HUT) could be set to add to AI-related gains

3 months ago by Crypto InsightsCrypto

Shares of bitcoin mining companies that have shifted business plans to cater to artificial intelligence (AI) infrastructure were big winners in 2025, a run they continued into the new year. And if big tech’s earnings this year are any indications, they might continue to reap… Read More

IBIT Among Most-Traded ETFs as Bitcoin (BTC) Surges; Mining Stocks Sink

IBIT Among Most-Traded ETFs as Bitcoin (BTC) Surges; Mining Stocks Sink

5 months ago by Crypto InsightsCrypto

Bitcoin BTC$91,986.14 bounced back on Tuesday, gaining about 6% over the last 24 hours after a sharp sell-off to start the week. The rebound helped drive heavy activity in crypto-related exchange-traded funds (ETFs), especially BlackRock’s iShares Bitcoin Trust (IBIT), which was among the most-traded ETFs… Read More

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs

Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs

5 months ago by Crypto InsightsCrypto

The company had planned to invest up to $500 million in Uruguay, but cited high energy prices and regulatory hurdles as reasons for its pullout.

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining Stalwart

5 months ago by Crypto InsightsCrypto

Microsoft today said it had signed a $9.7 billion purchase agreement for AI cloud capacity from bitcoin miner-turned-neocloud company IREN. The move marked one of the biggest commercial validations yet for the upcoming neocloud sector — referring to a group of data center firms that… Read More

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