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#Cryptocurrency mining

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Bitcoin Miners Pay Paraguay $350 Million Annually, but AI Is Pushing Them Out
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Bitcoin Miners Pay Paraguay $350 Million Annually, but AI Is Pushing Them Out

Key Highlights: Paraguay’s ANDE had about 944 megawatts contracted to cryptocurrency miners as of April, equivalent to roughly 13% of the country’s Itaipu share. Four mining companies—Cademot, Zuns, Muiden and W3X—accounted for 730 megawatts under contracts priced at $44 per megawatt-hour. ANDE projects revenue from crypto miners will reach $350 million in 2026, even as ...

HIVE Adds 79 BTC to Treasury as Total Bitcoin Holdings Reach 269 BTC
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HIVE Adds 79 BTC to Treasury as Total Bitcoin Holdings Reach 269 BTC

Key Highlights HIVE Digital Technologies increased its treasury to 269 BTC, marking a 41.6% rise during the quarter ending September 30. The company mined 1,070 BTC and sold 991 BTC (92.6% of quarterly production), generating $70 million in gross proceeds. A filing with the U.S. Securities and Exchange Commission (SEC) valued HIVE’s total Bitcoin reserves ...

Bitdeer Q3 Revenue Surges 89% as $2.9B AI Backlog Eyes Further Growth
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Bitdeer Q3 Revenue Surges 89% as $2.9B AI Backlog Eyes Further Growth

Key Highlights Bitdeer reported $217.5 million in self-mining revenue and $59.9 million in co-mining revenue, though rising operational costs reduced gross margins to 3.4%. AI Cloud revenue surged to $20.4 million, up from $1.8 million the previous year, supported by 332 megawatts of secured AI Cloud IT capacity. Major global deals include an AI data ...

Zcash Developers Target 20-Second Blocks Shortly After Major Speed Upgrade
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Zcash Developers Target 20-Second Blocks Shortly After Major Speed Upgrade

Key Highlights: Zcash’s orphan block rate fell to 0.69% over a 24-hour period ending early Monday following the network’s NU7 upgrade, performing better than developer expectations. While the cumulative orphan rate post-NU7 sits at 1.29% after an initial spike, ZecBlock’s tracking expansion from one node to ten accounts for increased detection sensitivity. Controlled developer stress ...

Tether Develops AI-Powered Bitcoin Mining Management Technology
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Tether Develops AI-Powered Bitcoin Mining Management Technology

Key Highlights Tether is developing an open-source Mining Development Kit (MDK) designed to manage diverse cryptocurrency mining hardware and software through a unified interface. The MDK framework enables developers to integrate artificial intelligence for predictive maintenance, continuous equipment monitoring, and performance optimization. Participating firms will ensure backward compatibility, allowing operators to deploy the software without ...

Binance Pool to Shut Down on November 10, Record Access Ending Two Weeks Later
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Binance Pool to Shut Down on November 10, Record Access Ending Two Weeks Later

Key Highlights: Binance Pool has outlined closing procedures for participants, ensuring eligible mining shares submitted prior to the cutoff qualify for final reward distribution. Users holding active Pool Savings positions must unsubscribe or redeem balances, with standard transfers taking up to one business day and up to 90 days under exceptional circumstances. Account readiness and ...

Bitcoin Hashrate Shows Signs of Recovery Following Sharp Decline
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Bitcoin Hashrate Shows Signs of Recovery Following Sharp Decline

Key Highlights The Bitcoin network hash rate has stabilized, recovering toward 1 zettahash per second (ZH/s) after plunging 26.72% from 1,160 EH/s to 850 EH/s between late 2025 and February 2026. Severe margin compression driven by an average June 2026 hashprice of $27.70/PH/s/day, high mining difficulty, subdued transaction fees, and seasonal power spikes forced older ...

Binance to Shut Down Mining Pool and Related Services on November 10
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Binance to Shut Down Mining Pool and Related Services on November 10

Key Highlights: Binance is terminating its mining pool services, disabling endpoints, and rejecting any subsequent hashrate submissions following the cutoff. Miners must redirect their rigs, redeem Pool Savings, and complete identity verification by 23:59 UTC on November 10 to receive remaining balances. Dedicated Binance Pool pages will close permanently at 07:00 UTC on November 24, ...

Binance to Discontinue Binance Pool Services on November 10
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Binance to Discontinue Binance Pool Services on November 10

Key Highlights: Binance has announced the upcoming closure of Binance Pool, cutting off mining connections at 10:00 AM on November 10. Following the deadline, users will be unable to submit new mining tasks or accumulate mining rewards through the platform. All related Binance Pool operations and services are scheduled to cease completely as of November ...

Chinese Mining Company Founder Reveals Why He Repurchased All Sold Bitcoin
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Chinese Mining Company Founder Reveals Why He Repurchased All Sold Bitcoin

Key Highlights BTC.TOP founder Jiang Zhuoer has repurchased all Bitcoin positions he sold at $77,226, marking a swift strategic reversal. The prominent Chinese miner cites persistent strong buying pressure and now projects Bitcoin will climb to the $80,000–$84,000 range. The turnaround follows legislative headwinds for the U.S. CLARITY Act and a reassessment of macroeconomic risk ...

Grayscale Says Zcash Can Challenge Bitcoin’s Network Effects as Privacy Demand Grows
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Grayscale Says Zcash Can Challenge Bitcoin’s Network Effects as Privacy Demand Grows

Grayscale Research Positions Zcash as Potential Bitcoin Challenger Amid AI Privacy Concerns Zcash could emerge as a meaningful competitor to Bitcoin’s dominance among digital assets as rapid artificial intelligence adoption increases demand for financial privacy and raises concerns over AI-powered surveillance, according to a new research report from Grayscale. Second-Mover Advantages in Privacy Technology Grayscale ...