Key Highlights: Bitcoin mining difficulty reached 148.36 trillion on 29 October 2026, remaining roughly 4.88% beneath the historic record of 155.97 trillion set precisely one year earlier on 29 October 2025. With Bitcoin trading near $75,577 and total network hashrate averaging roughly 1.02 zettahashes per second (ZH/s), hashprice has dropped to approximately $33.4 per petahash ...
Key Highlights: Core Scientific has slashed its Bitcoin reserves from a 2022 peak of over 9,600 BTC to just 32 BTC, reducing its digital asset balance sheet value to $2.7 million. Third-quarter 2026 revenue surged 187% year-over-year to $232.9 million, driven almost entirely by colocation services generating $215.4 million, or 92% of total revenue. The ...
Key Highlights: Rising debt financing costs for artificial intelligence chip purchases have triggered market sell-offs affecting AI compute firms and Bitcoin miners like Hut 8 and Core Scientific. Investment management firm VanEck argues that mining companies pivoting to data centers hold critical power grid access and land that are structurally different from pure chip-leasing models. ...
Key Highlights: Core Scientific will completely conclude its exit from Bitcoin mining during the fourth quarter of 2026, transitioning entirely into a high-density colocation and AI infrastructure provider by 2027. Third-quarter revenue reached $232.9 million, with colocation services contributing roughly 92% ($215.4 million) of total revenue, while self-mining revenue fell 79% year-over-year to $12.3 million. ...
Key Highlights: Shares of Bitcoin miners pivoting to AI data centers plunged an average of 35% in October amid broader industry contagion. Investment manager VanEck asserts the sell-off is an unwarranted market “dislocation” rather than a failure of the hybrid business model. Firms like Core Scientific and Hut 8 act as critical powered shell providers, ...
Key Highlights: Bitcoin network hashrate has reclaimed the 1 zettahash per second (1,000 EH/s) milestone on a seven-day average, driving consecutive upward difficulty adjustments. The computational rebound persists even as publicly traded mining firms pivot infrastructure away from crypto toward artificial intelligence and high-performance computing (HPC). Hashrate gains are being fueled by aggressive expansion from ...