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Brazil Seizes 1,400 Bitcoin Mining Rigs Over Electricity Theft
The Department of Investigation of Property Crimes (DEIC) in Sao Paulo, Brazil, has conducted a large-scale enforcement action resulting in the seizure of approximately 1,400 Bitcoin mining machines. The operation, carr…
Ningbo Customs Seizes 400 Smuggled Crypto Mining Machines in Raid
The Ningbo Customs Anti-Smuggling Bureau has successfully dismantled several criminal syndicates involved in the illegal importation of cryptocurrency mining hardware. Following a rigorous investigation triggered by a m…
Canaan Reports Q1 2026 Revenue of $72.7M and Expands Mining Fleet
Canaan Inc. (NASDAQ: CAN), a leading provider of high-performance computing solutions, has released its financial results for the first quarter of 2026, reporting a total revenue of $72.7 million. The figures align with…
Thai Police Raid Illegal Bitcoin Mine After Power Grid Damage
Law enforcement authorities in Thailand have dismantled a clandestine Bitcoin mining operation following reports of severe infrastructure damage in a commercial district. The raid was initiated after local residents and…
Bitcoin Hash Rate Drops Below Annual Average as Miners Adjust
The Bitcoin network is currently entering a significant transition period as the total hash rate has fallen below its annual moving average. According to data highlighted by CryptoQuant analyst Darkfost, this technical …
American Bitcoin Reports Q1 Net Loss as Revenue Declines by 20%
American Bitcoin Corp., a major mining firm backed by the Trump family, has released its financial results for the first quarter of 2024, revealing a second consecutive quarter of losses. The report indicates a widening…
CleanSpark Sells 748 BTC in April Amid Strategic Pivot to AI
Bitcoin mining giant CleanSpark has released its unaudited operational results for April 2026, revealing a calculated reduction in its digital asset holdings. Despite producing 640 Bitcoins during the month, the company…
GoMining Unveils GoBTC: A New Miner-Led Bitcoin Payment Protocol
Bitcoin mining firm GoMining has announced the development of GoBTC, a proprietary payment protocol designed to streamline transactions by leveraging the company's own computational power. Unveiled at the Consensus conf…
Tether Proposes Strategic Merger of Strike, Elektron, and Twenty-One Capital
Tether Investments has officially unveiled a proposal to orchestrate a major merger involving Twenty-One Capital, the global Bitcoin financial services provider Strike, and the large-scale mining enterprise Elektron Ene…
Bitcoin Miner Selling Pressure Hits Historic Lows in April 2026
The Bitcoin (BTC) market is currently witnessing a significant shift in miner behavior, characterized by a substantial decline in deposit transactions to exchanges. Recent on-chain data indicates that the frequency of t…