Stories tagged “Mining.”
30 stories
The UK economy expanded by 0.4% in the second quarter of 2026, driven by increased household spending, hot weather, and the football World Cup, despite a dip in the mining sector.
Simple Mining used Ocean pool's DATUM protocol to mine block 961,634 on bitcoin's main chain without signaling support for BIP-110, even though its pool backed the proposal by default.
A Bitcoin branch enforcing BIP-110 has stalled after mining only two blocks, widening the gap with the non-enforcing chain due to insufficient hashpower support during its mandatory signaling period.
A minority chain supporting Bitcoin Improvement Proposal-110 (BIP-110) stalled after mining only two blocks in eight hours, while the main Bitcoin chain advanced by 48 blocks.
American Bitcoin, backed by the Trump family, has expanded its Bitcoin reserve to over 8,000 BTC, worth around $512 million, after producing a record 932 Bitcoin in Q2. The company's mining revenue climbed to $67 million, while its cost to mine each Bitcoin remained large…
American Bitcoin, a Trump-linked Bitcoin miner, reported a record 932 BTC in the second quarter, lifting mining revenue 8% as its net loss narrowed from the previous quarter.
A solo miner scored a major win even as the broader market frets over a multimillion-dollar Coldcard hardware wallet exploit. The miner successfully packaged block 960,804 early Monday, earning a block reward of 3.157 BTC valued at approximately $199,300.
Bitcoin mining difficulty fell below year-earlier levels for the second time in history, currently sitting at 126.23 trillion, about 14% below this year’s high. The 19.1% drop from record highs stems from weak mining economics, capital shifts toward AI, and reduced capaci…
Russia has expanded its cryptocurrency mining ban to include Moscow, the Moscow Region, and parts of the Kursk Region, citing concerns over electricity supply.
Adani, an Indian conglomerate, will pay no company tax despite generating almost $1bn in revenue from coal mining in Queensland over the past year. The company's financial accounts show a recorded $340.6m loss for the year, erasing its tax bill.
U.S. Backs Madagascar’s Rare Earths Project
The U.S. government has expressed support for a rare earths project in Madagascar, which could provide a significant source of the critical minerals needed for the production of advanced technologies.
A Tennessee county has passed a ban on crypto mining facilities and data centers in unincorporated areas, following a similar ban in 2025. The county commissioners voted unanimously to restrict the establishment and operation of such facilities, citing concerns over noise…
Core Scientific, a publicly-traded miner, has added more Bitcoin to its balance sheet in Q2 despite its selling strategy. The company's holdings have shrunk overall this year, but it has quickly added more Bitcoin to its balance sheet in the past quarter.
As Zimbabwe’s raw lithium ban pays off, ambitions grow
Zimbabwe has banned the export of raw lithium, and a new plant to process the clean-energy metal is now operational. The country aims to add value to its resources and create jobs.
Zimbabwe aims to process its minerals locally, but smaller miners worry about infrastructure, finance, and market access.
Kimbell Royalty Partners (KRP) is upgraded to Buy following two accretive acquisitions funded without incremental debt. Recent deals expand KRP's scale, diversify its portfolio, and add high-quality, PDP-heavy assets with strong near-term and long-term cash flow visibility.
Illegal Gold Panning in Côte d'Ivoire: A 'Highly Concerning' Threat
Despite extensive efforts to dismantle thousands of clandestine sites, illegal gold panning continues to expand in Côte d'Ivoire, prompting the National Security Council to declare it a "highly concerning" threat due to its severe environmental, security, and economic imp…
4,000 Gold Is Changing Lives Across Central Asia
Gold prices have surged to $4,000 per ounce, transforming lives in Central Asia. The region's gold mining industry is booming, with countries like Uzbekistan and Kazakhstan benefiting from the gold rush. However, the increased demand for gold has also led to concerns abou…
Poolin Technology, a Singapore-based company that once ran one of Bitcoin's largest mining pools, has filed for Chapter 11 bankruptcy. The company owes $163.7 million to about 11,700 users, with the largest single debt. A stalking-horse bid of $52 million has been placed …
Australian miner Resolute Mining is investing $500 million in Côte d'Ivoire's Doropo gold mine, strategically shifting its focus to the country to mitigate risks from instability in Mali.
Bitcoinist.App, a non-custodial Bitcoin mining app, has been released exclusively for iOS. The app allows users to create private mining pools, invite friends and family to combine hashpower, and compete with the global Bitcoin hashrate, while payouts go directly to walle…
Bitcoin is selling off, but mining stocks are on a tear due to AI deals. Top U.S. Bitcoin mining companies like Hut 8, CleanSpark, and MARA experienced gains between 3-7% despite a sell-off across other assets.
The Democratic Republic of Congo is preparing to launch its first financial market in Kinshasa, primarily targeting its rich extractive sector amidst a global surge in copper and cobalt prices.
Liberia Earns 'Very Good' Eiti Rating
Liberia achieved a "very good" rating of 80 out of 100 points in the latest Extractive Industries Transparency Initiative (EITI) validation, demonstrating significant progress in natural resource governance.
Foundry USA, the world's largest Bitcoin mining pool, is polling its customers on whether to support BIP-110, a proposal to limit data in Bitcoin transactions.
Africa: Critical Minerals - the Hidden Resources Powering the Clean Energy Future
Demand for critical minerals like lithium and cobalt is surging due to the global clean energy transition, presenting both immense economic opportunities and significant risks for African nations rich in these resources.
Sahel: NGO Acled analyzes the competition between armed groups and regular forces for mining exploitation
A new report by the NGO Acled details how armed groups, pro-government militias, and regular armies are battling for control of gold mines and their economic ecosystems in the Central Sahel, leading to widespread conflict and destabilization.
Hillgrove Resources Limited (HLGVF) reported strong operational and financial performance in Q2 2026, with a 5th quarter-on-quarter increase in copper production and a 28% increase in cash balance.
Andean Precious Metals leverages a unique business model, acquiring oxide materials for processing and generating strong cash flow from existing infrastructure.
Mara Holdings stock rose over 9% on Monday, driven by a rally in crypto miners, which have pivoted into data center operations. Two multi-billion-dollar deals announced by segment players, Iren and Hut 8, contributed to the surge.