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Miners are turning off their machines: Why even new rigs can’t break even

Miners are turning off their machines: Why even new rigs can’t break even

Why rigs are going dark Miners are working through one of the toughest margin environments the industry has faced in years.According to a recent breakdown, hash revenue for large public miners has fallen from about $55 per petahashes (PH) per day in Q3 to roughly $35 per PH/day today. Their median…

Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice

Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice

According to CoinWarz, the next difficulty adjustment is expected at block 927,360, moving the target from 149 trillion to close to 150 trillion. That is a modest rise, but it matters because Bitcoin miners are already working with very thin margins. Hashpower is strong enough to push difficulty up …

Australia moves forward with bill to regulate crypto under finance laws

Australia moves forward with bill to regulate crypto under finance laws

Australia’s government has introduced a new bill that will regulate crypto platforms under existing financial services laws after an industry consultation saw cautious support for the legislation.Assistant Treasurer Daniel Mulino introduced the Corporations Amendment (Digital Assets Framework) Bill …

Australia moves to fold crypto platforms into financial licensing regime

Australia moves to fold crypto platforms into financial licensing regime

The Australian government has introduced new legislation that would require financial licenses for crypto platforms, tightening oversight of the rapidly growing sector.The Treasury submitted the Corporations Amendment (Digital Assets Framework) Bill 2025 to the parliament on Wednesday, following the…

KuCoin Secures AUSTRAC Digital Currency Exchange Registration, Enhances Fiat Access for Australian Users

KuCoin Secures AUSTRAC Digital Currency Exchange Registration, Enhances Fiat Access for Australian Users

SYDNEY, Nov. 25, 2025 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced a major regulatory milestone in Australia with its subsidiary entity officially registered as a Digital Currency Exchange (DCE) under AUSTRAC. This registration places KuCoin under AUSTRAC'…

Australia must act on tokenization or be ā€˜left behind,’ ASIC chair warns

Australia must act on tokenization or be ā€˜left behind,’ ASIC chair warns

Tokenization will be central to the next phase of Australia's financial market development, said the country's top financial regulator.Australian Securities and Investments Commission (ASIC) Chair Joe Longo said in a Wednesday speech that the country must "seize the opportunity or be left behind" as…

Why the Crypto Market Is Down Today and the Best Crypto to Buy Now: $PEPENODE

Why the Crypto Market Is Down Today and the Best Crypto to Buy Now: $PEPENODE

What to Know:The crypto market fell sharply in early November after long-term holders sold $44B in Bitcoin, while ETFs absorbed just $4B in inflows.From Samourai Wallet’s alleged xpub logging to Iran’s mining raids and Stream Finance’s $93M loss, causing its stablecoin depegging, fear is widespread.…

Hong Kong Pushes Tokenisation as Regulators Ease Rules on Crypto Assets

Hong Kong Pushes Tokenisation as Regulators Ease Rules on Crypto Assets

Hong Kong will ease rules and introduce a tokenisation pilot scheme to support digital asset trading and investment, government officials said today (Monday). The plan is part of regulatory measures to expand blockchain-based financial products, following other regulators easing rules on tokenisatio…

Australia classifies stablecoins, wrapped tokens as financial products in updated guidance

Australia classifies stablecoins, wrapped tokens as financial products in updated guidance

Australia's financial regulator has released an updated version of its guidance clarifying how the country's existing financial services laws apply to digital assets.The Australian Securities and Investments Commission (ASIC) said in a Wednesday statement that it now considers products such as stabl…

Bitcoin miner IREN secures more multi-year cloud contracts, including NVIDIA GPU deployments

Bitcoin miner IREN secures more multi-year cloud contracts, including NVIDIA GPU deployments

Nasdaq-listed bitcoin miner IREN Limited (ticker IREN) is expanding its AI business through additional multi-year cloud services contracts, including NVIDIA Blackwell GPU deployments. IREN’s expanded cloud capacity is on track to reach half a billion dollars in annualized run-rate revenues, accordin…

Trump’s Chip Tariffs Jolt US Crypto Miners

Trump’s Chip Tariffs Jolt US Crypto Miners

Trump’s 100% chip tariffs threaten US crypto miners’ profits and operations. Mining stocks fell as companies face rising equipment costs and potential offshore relocations.Market Response and Stock PerformancePresident Trump announced 100% tariffs on imported chips and semiconductors on Wednesday. T…

Small setups, big wins: Is solo Bitcoin mining making a comeback?

Small setups, big wins: Is solo Bitcoin mining making a comeback?

Solo miners have been defying the odds, successfully claiming full Bitcoin block rewards even as the network hashrate hovers near all-time highs.As of this writing, the Bitcoin (BTC) network’s hashrate is hovering around 902 exahashes per second (EH/s), just below its all-time peak, according to Blo…