Move underscores broader mining sector shift beyond Bitcoin
MARA granted with option to boost ownership to 75% by 2027
Shifting from Bitmain-hosted operations
CleanSpark board trims to five members as co-founder steps back in as CEO
Proposed share swap assumes $235M cash sale of Peak Mining to Elektron Energy before closing
State-owned EEP says crypto mining could consume a third of national power output
CleanSpark disputes Chinese origin claim, echoing IREN’s $100M tariff battle
Deployed hashrate drops in July, with relocation efforts underway
Top four public miners together captured over 19% of July’s block rewards
Buyer tied to LM Funding; sale excludes mining rigs and adjacent warehouse
Fleet utilization emerges as key differentiator amid slowing hashrate growth
Cipher, Cango surge as MARA, CleanSpark slip in July hashrate