Veteran Bitcoin developer Luke Dashjr exits OCEAN pool – Will hash power follow him to new pool?
OCEAN Mining has completed a buyout of co-founder and 16-year veteran Bitcoin Core developer Luke Dashjr, ending his ownership and three leadership roles at the Bitcoin mining pool. Dashjr resigned as chairman, chief technology officer and director,…
Bitcoin miner IREN still gets 82% of revenue from BTC after clearing room for Microsoft AI cloud
IREN is still mostly a Bitcoin miner by revenue, even as it retires mining hardware to make room for AI infrastructure and grow IREN’s AI cloud revenue. The company’s fiscal 2026 results, filed Aug. 27, show Bitcoin mining generated $578.2 million…
UK crypto investors declared £1.38B in gains, but half came from just 240 people
HMRC has disclosed £1.38 billion in reported UK crypto gains, with just 240 investors accounting for more than half. The figures mark the first time HM Revenue & Customs has published crypto-specific Capital Gains Tax data, giving the agency a formal…
Bitcoin Knots is trying to fork Bitcoin again after its last chain died in two blocks
Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, Bitcoin developer Luke Dashjr told SHA-2 miners to stop mining ahead of an Aug. 30 test that would replace Bitcoin’s SHA-256d…
HashKey Cloud backs Stacks’ Genesis Bond to prove institutional appetite for native Bitcoin yield
Stacks founder Muneeb Ali said on Aug. 27 via X that HashKey Cloud will deploy Bitcoin in Stacks, making the Asian infrastructure provider the second institution announced for the network’s Genesis Bond pilot. HashKey will time-lock BTC on Bitcoin,…
Bitcoin now has a quantum computing escape route, but 7 million BTC may still be exposed
Bitcoin has confirmed a quantum-resistant transaction on mainnet using its existing consensus rules, showing that some holders could migrate funds away from future quantum risk without waiting for a protocol upgrade. The Aug. 26 transaction used a…
Soluna’s 1 billion-share proposal exposes the funding challenge behind its AI and Bitcoin expansion
Soluna Holdings is asking shareholders to substantially expand its ability to issue stock as the data-center developer tries to finance a 6.3-gigawatt pipeline that remains overwhelmingly unbuilt. An SEC filing showed that Soluna shareholders will vote…
Bitcoin miner Sphere 3D faces $2.2M tariff claim equal to 77% of its cash
Crypto miner Sphere 3D said it could face approximately $2.2 million in supplemental US tariffs, before interest, on Bitcoin miners purchased in 2022 by a subsidiary it now owns. The company said in an Aug. 24 filing that US Customs and Border Protection…
Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity
Bitari Inc., a Bitcoin mining host pursuing a planned Bitcoin mining IPO and Nasdaq listing, is asking public buyers to provide nearly all of the consideration shown in its prospectus table while receiving about 10% of the company after the deal. The…
A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining
Olenox Industries is an energy company that acquired Bitcoin miner CS Digital Ventures in May. It reported preliminary July production of 15.13 BTC against a June 30 balance sheet. The balance sheet carried $1.21 million of cash and $26.26 million of…