Category: Mining
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Bitcoin Miner Stocks Soared Monday as Nasdaq and Dow Rallied Higher
[ad_1] U.S. equities surged on Monday as investor optimism returned to both traditional and digital asset markets. The Nasdaq climbed 490.18 points to 22,694.61, the Dow Jones Industrial Average gained 587.98 points to 46,067.58, and the S&P 500 rose 102.21 points to 6,654.72, signaling a broad-based recovery across major benchmarks. Investors Reignite Interest in Publicly…
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Five Months of Pain: Bitcoin Miners Watch Earnings Crater 27%
[ad_1] Crypto investors might be nursing some serious portfolio bruises this week, but bitcoin miners have their own headache — earnings per petahash just hit a five-month low, and it’s not exactly the kind of milestone anyone’s celebrating. Bitcoin Miners Pray for a Break Let’s face it — since July 11, bitcoin miners have been…
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Senate Passes GAIN Act as Part of 2026 National Defense Authorization Bill
[ad_1] The US Senate has advanced sweeping AI legislation under the National Defense Authorization Act, compelling chipmakers to serve US customers first before exporting advanced processors abroad. On Thursday, senators passed the Guaranteeing Access and Innovation for National Artificial Intelligence Act of 2026, or GAIN Act, as an amendment to National Defense Authorization Act, requiring AI and…
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Bitcoin’s Mining Cycle Enters Reset Phase After Record Difficulty Surge
[ad_1] Over the past two weeks, Bitcoin’s hashrate has fallen by nearly 100 exahashes per second (EH/s) — signaling a slowdown in global mining activity. This decline coincides with a $2 drop in mining revenue per petahash (PH/s) since last month, reflecting tighter profit margins for miners amid fluctuating network conditions. Global Bitcoin Hashrate Pulls…
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