Bitfarms Deleverages, Unveils Keel Rebrand as Bitcoin Mining Margins Sink Below $30/PH/s
Bitfarms plans to fully repay its $300 million debt facility with Macquarie Group and move forward with a corporate rebrand as part of a broader pivot away from bitcoin toward HPC and AI infrastructure.
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Miner Weekly: ERCOT Hits Reset on Texas’ AI and Mining Power Queue
If it wasn’t already obvious, ERCOT’s message this week was pretty blunt: the way Texas has been approving massive new power users no longer works – thanks to the AI boom.
Bitcoin Hashprice Hits Record Low as BTC Falls Below $70,000
Bitcoin’s hashprice fell below $32/PH/s on Thursday, setting a new all-time low as the cryptocurrency’s price slid under $70,000 for the first time since November 2024.
Cango Breaks Bitcoin HODL Stance, Sells 550 BTC Amid Mining Pressure
Cango changed course on its bitcoin holding strategy in January, selling more BTC than it produced during the month as mining economics tightened across the sector.
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