Bitcoin Miner Activity Reaches Highest Level Since 2024 with 90,000 BTC Sent to Binance

Rising mining deposits at Binance indicate near-term supply pressure, despite the accumulation of whales during the dip. Bitcoin miners have sent more than 90,000 BTC to Binance since early February, pushing miner inflows to the highest level since 2024, according to on-chain data shared by Arab Chain. The surge in deposits comes amid heavy price […]

Russia’s Largest Bitcoin Miner BitRiver Starts Bankruptcy Proceedings: Report

The company’s founder and CEO, Igor Runets, was placed under house arrest on multiple tax evasion charges. BitRiver, Russia’s largest Bitcoin miner, is on the brink of collapse amid mounting financial and legal troubles. Courts have placed the parent company, Fox Group of Companies, under observation as debts and unpaid obligations pile up. One of […]

Bitcoin hash rate drops below 1 ZH/s as miners face increasing pressure on profitability

Bitcoin miners are facing profitability headwinds as the network hash rate decreases and the difficulty level will adjust downward. Bitcoin (BTC) mining is once again under pressure as the hash rate has fallen below a crucial threshold not seen since late 2025. One expert believes that demand for AI and manufacturer-led expansion is reshaping network […]

Bitcoin (BTC) Mining Isn’t the Climate Villain Many Think: ESG Expert Says

Claims that Bitcoin mining wastes energy or destabilizes networks are contradicted by university research and real-world data. Bitcoin mining has long been portrayed as damaging to the climate. Many argued that it wastes enormous amounts of energy, strains power grids and undermines global climate goals – claims that have become a common part of public […]

Russia targets underground crypto miners with draft law introducing prison sentences

Moscow plans criminal sanctions for unregistered crypto mining, a year after legalizing the sector across the country. Russia’s Justice Ministry has proposed introducing criminal sanctions, including prison sentences, for illegal cryptocurrency mining, according to draft amendments published on December 30 on the government’s regulatory legal acts portal. The proposals would amend the Criminal Code and […]

Bitcoin miners rob Malaysia of $1 billion worth of electricity; the government erupts

Bitcoin mining is a competition of brute force arithmetic. | Photo credit: Dado Ruvic In Malaysia’s illegal crypto mining hotspots, the hunt begins in the skies. Drones buzz over rows of shops and abandoned houses, looking for places of unexpected heat, the thermal signature of machines that shouldn’t be running. On the ground, the police […]

Bitcoin Puell falls below the discount zone several times, but the recovery is stagnant

A key Bitcoin technical indicator has entered discount territory, potentially presenting an opportunity for savvy traders. The Bitcoin Puell Multiple has returned to the ‘discount zone’, a point historically associated with Bitcoin market funds, CryptoQuant analyst ‘Gaah’ said on Tuesday. The last time the indicator was this low was in March 2025, when the price […]