bitcoin mining
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Hut 8 has closed a $1.07 billion four-year senior secured revolving credit facility, giving the former Bitcoin-mining specialist a large pool of parent-level liquidity as it develops power and data-center infrastructure for ASIC compute and artificial intelligence. The September 28 announcement is important for what the facility is—and what it is not. The company says…
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The most durable asset created by the Bitcoin mining boom may not be an ASIC at all. It may be the energized land, substations and grid access surrounding it. A new Reuters Breakingviews analysis says the widening AI power shortage is putting a premium on exactly the infrastructure miners spent years assembling. The scarce asset…
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Starcloud is adding a Bitcoin-mining experiment to the orbital-compute race. ASICs are planned for Starcloud-2 Starcloud co-founder and CEO Philip Johnston said the company plans to place Bitcoin-mining ASICs on Starcloud-2, its next spacecraft, which is expected to launch later in 2026. The disclosure was reported by Tom’s Hardware. Starcloud’s public mission is orbital data-center…
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The open-source Bitcoin mining ecosystem has another current firmware branch to watch: NerdOS 1.1.0.1, released September 24 for Nerdaxe, NerdQaxe and related multi-chip home miners. Unlike Bitaxe devices running AxeOS, the Nerd family uses NerdOS, a related open-source firmware maintained for boards ranging from single-chip Nerdaxe hardware to four-chip NerdQaxe and larger NerdOctaxe designs. A…
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Bitdeer is expanding its Bitcoin mining deployment at Soluna’s Project Kati 1 in South Texas, adding approximately 7 MW of mining equipment under an amended agreement that is expected to bring the deployment to 35 MW and roughly 2.42 EH/s. The expansion was announced September 28 and is expected to be completed in November 2026.…
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Canaan’s newest air-cooled Avalon generation has crossed the 300 TH/s line without pushing a single miner far beyond the roughly four-kilowatt electrical envelope familiar to industrial mining sites. The company’s current catalog lists the Avalon A16-282T at 282 TH/s and 3,900 W, while the A16XP-300T reaches 300 TH/s at 3,850 W. That puts the two…
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BTC Digital is expanding its U.S. Bitcoin-mining hosting business around a facility in Manila, Arkansas, where a new customer agreement puts the less-visible parts of mining infrastructure—power, cooling, network connectivity, equipment testing and on-site maintenance—at the center of the deal. On September 9, BTC Digital signed a hosting agreement with Tianci Group Holding, a subsidiary…
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Cooling hardware built around Bitcoin mining is becoming part of the physical supply chain for AI data centers. AirJoule Technologies has acquired BitSink, a U.S. manufacturer whose cooling, electrical distribution and modular infrastructure has already supported more than 220 MW of high-density compute deployments across North America. The transaction closed September 10 and was announced…
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NMAxe’s open-source Bitcoin mining firmware has documented a substantial September update: version 3.1.03 adds NMQAxe++ Nexus board support, automatic board-revision detection, recovery logic and beginner-friendly performance presets. Nexus support arrives in the upstream code The project’s upstream documentation dates v3.1.03 to September 22, 2026 and lists support for a new NMQAxe++ Nexus variant using a…
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A new firmware warning has turned an ordinary Antminer update into a fleet-management question. On September 18, Braiins told operators not to update Bitmain stock firmware to the latest version, saying certain recent releases may restrict installation of third-party firmware. The company specifically advised S21 operators already running Braiins OS not to move back through…
