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Nico Smid
- 6 min
Ethiopia’s miners were promised some of the world’s cheapest hydropower. Now tariffs are rising, available power has fallen sharply, and the country’s hashrate dropped 35% in a single quarter. The more interesting story isn’t simply that drought reduced Ethiopia’s mining hashrate, but how quickly one of the world’s most attractive…
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When Mining Is the Better Bet
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- 6 min
AI/HPC can produce more revenue per megawatt, but only when the site, capital structure and operator can support it. For operators with structural energy advantages, smaller or remote sites, flexible loads, or strong mining capabilities, staying focused on Bitcoin mining…
AI Infrastructure’s Next Challenge Is Not Capacity, It Is Scalability
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- 6 min
AI infrastructure investment is accelerating, but building more capacity is only part of the challenge. Compute hardware evolves in years, while the power, cooling and facility infrastructure supporting it must remain valuable across multiple technology generations. This makes scalability less…
Cango’s 3 MW AI Bet Shows Why Miners Don’t Need to Go All-In
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- 5 min
Cango’s latest AI milestone covers just 6% of its Georgia mining site. That small footprint may be the most useful part of the story. The company has completed infrastructure modifications supporting up to 3 MW of AI capacity within its…
The Hashprice Comeback, How Far Can It Go?
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- 5 min
Bitcoin mining economics have improved sharply, but the recovery remains highly dependent on what happens next with Bitcoin price and network competition. BTC is struggling to hold above $80,000, while hashrate remains range-bound and difficulty has fallen back close to…
ASICs for Sale. But Who’s Buying?
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- 7 min
State of the ASIC Market. More brokers than buyers. That may be an oversimplification, but it captures today’s ASIC market surprisingly well. Bitcoin mining isn’t going away. Network hashrate continues to hover around 900 EH/s, new-generation hardware keeps coming to…
When the Bear Market Starts Creating Opportunities
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- 5 min
While Bitcoin is stuck in a range, the mining industry is changing fast. Public miners are selling more BTC, hashrate is falling, AI is pulling capital and infrastructure away from mining, and ASIC prices have collapsed across most efficiency tiers….
BIP-110: The Chain Split That Lasted Two Blocks
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- 4 min
What looked for eight months like Bitcoin’s most contested governance fight resolved in under 48 hours and resulted in two blocks. That’s the entire output of BIP-110’s enforcing chain, from mandatory signaling at block 961,632 on August 8 to the…
Two Bitcoin Mining Pools Left the Market in July for Opposite Reasons
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- 5 min
SBI Crypto stopped accepting shares on 30 July and closed its pool the following day, ending a five-year run at roughly 2.5% of global hashrate. Two weeks earlier, Poolin filed for Chapter 11 in New Jersey owing about $173 million….