mining

Eric Trump announced on the X platform that the Trump family's mining company American Bitcoin has been listed on Nasdaq for less than 6 months, and its Bitcoin reserves have surpassed 6,000 coins.

According to DL News, Shawn Young, chief analyst at MEXC Research, stated that cryptocurrency traders are expected to drive Bitcoin prices back to $100,000. Shawn Young said, "Although buyers are not purchasing digital assets on a large scale like they did a few months ago, the amount of Bitcoin they buy daily still exceeds the daily mining output. This creates a net positive supply dynamic that could trigger a short-term rebound." Some analysts warn that the situation could worsen.Bloomberg Intelligence analyst Mike McGlone even predicts that Bitcoin prices could evaporate by 85%, eventually falling to $10,000. His reasoning is that the soaring stock market has siphoned off market volatility, while gold and silver have outperformed Bitcoin as safe-haven assets. Additionally, the industry seems to have lost confidence in President Trump's push for cryptocurrency, which will drive prices lower.Researchers like Ben Harvey from crypto investment firm Keyrock believe that Bitcoin's next move will not be determined by internal crypto factors but will depend on macro factors such as the Federal Reserve's interest rate cuts and institutional investors buying Bitcoin ETFs. Bloomberg data shows that concerns over an AI spending bubble have triggered a surge in credit default swap trading—these complex financial contracts were almost ignored a year ago. These contracts are similar to insurance, paying out when companies cannot repay their debts.Currently, Alphabet's nearly $900 million debt and Meta's nearly $700 million debt are linked to these contracts. This means that hedge funds are increasingly using these derivatives to hedge against downside risks. In other words, investors are hedging against a significant market sell-off that could drag down Bitcoin prices.Tech stocks, referred to as "AI panic trades," have been under pressure since January. The BlackRock flagship tech ETF (which tracks industry leaders like Microsoft, Oracle, and Palantir) has seen a decline of just over 23% year-to-date.Analysts expect that large tech companies will increase their borrowing from $165 billion in 2025 to $400 billion this year to invest in AI data centers, which could total trillions of dollars in investment costs—if AI projects fail to generate returns, investor risks will increase. Young stated that Bitcoin trading trends are aligning with tech stocks, thus "being the first to bear the impact of liquidity or capital shifts."

According to Bitsmedia, Russian retail brokerage Finam has disclosed that it has registered an investment fund aimed at cryptocurrency mining with the country's central bank. The fund is currently in the final stages of operational preparation and will soon launch a series of investment products related to digital asset mining.

According to Arkham data, the Bhutanese government sent 100 BTC to QCP Capital, worth $6.77 million. Over the past three weeks, the Bhutanese government has been selling Bitcoin weekly. Bhutan sold at least $100 million worth of Bitcoin last September and continues to gradually offload. Currently, Bhutan holds $372 million worth of Bitcoin in confirmed wallets.Additionally, Bhutan's mining operations were originally planned to collaborate with Bitdeer Technologies to produce up to 600 MW of Bitcoin mining power, but on-chain data shows that their mining speed has slowed since the halving in April 2024.

According to Arkham monitoring, the Bitcoin mining company American Bitcoin, supported by the Trump family, has surpassed a holding of 6,000 BTC, currently reaching 6,028 BTC, valued at approximately $403 million.

Financial giant VanEck claims that it is aware of 13 governments actively engaged in BTC mining. Currently, national-level BTC accumulation has begun.

Fractal Bitcoin network announced that it has successfully activated the FIP-101 node upgrade at block height 1,500,000, completing the first phase of consensus changes and initiating the construction of standardized indexing; this upgrade received support from major mining pools, covering approximately 85% of the total Bitcoin network hash rate.The Fractal block structure will also gradually transition from a joint mining and independent mining ratio of 1:2 to a ternary structure of joint mining, independent mining, and indexing block production at a ratio of 1:1:1, with indexing nodes being incorporated into the core layer of the block production and incentive system.

According to official news, the Canadian-listed Litecoin treasury company Luxxfolio has disclosed that it has increased its holdings by 2,413.464 LTC, bringing its total holdings to 24,439.464 LTC while maintaining a zero-debt status.The company also announced that it has deployed 20 Bitmain Antminer L9 16G devices to start Litecoin mining, and it plans to gradually expand its mining operations based on market conditions, equipment availability, and power capacity.

According to the official announcement, Gate Square will open additional content mining rewards from February 10 to March 11. During the event, both creators and viewers will have the chance to win generous rewards. Creators will receive up to 60% in creation rebates. Creators who earn more than 0.1 USDT in mining rewards during this event can share a 1500 USDT new miner prize pool. Meanwhile, viewers who click on any content card's trading component in the square and complete a transaction will have the opportunity to be among the top 20 users by trading volume to receive up to 50 GT in rewards and exquisite Gate merchandise.

Bitcoin mining has entered a severe phase, with unit hash rate revenue dropping to a historical low of about $35/PH. Affected by a significant market correction, the price of Bitcoin has fallen over 50% from its 2025 peak of $126,000, currently hovering around the $60,000 range. Against this backdrop, the average production cost of a single Bitcoin across the network is approximately $87,000, about 45% higher than the current market price, marking the first large-scale "underwater operation" since the bear market of 2022.CryptoQuant defines the current phase as the "surrender phase," characterized by the accelerated shutdown of old mining machines and a noticeable contraction in overall network hash rate. As a result, the stock prices of listed mining companies such as MARA Holdings and Riot Platforms have dropped over 20% this week, with funds flowing towards more stable traditional assets like gold.Meanwhile, North America's mining hubs (especially Texas) are facing severe winter storms, forcing some mining farms to limit power usage to ensure the stability of the civilian power grid. Coupled with miner exits, the network experienced a historic difficulty adjustment of about 11% on February 9. However, due to the significant drop in coin prices, the profitability recovery effect from the difficulty adjustment is limited.The industry's "Miner Profitability Sustainability Index" has fallen to 21, indicating that, except for a few operators with low electricity costs and high efficiency, most miners have completely compressed profit margins. For companies with electricity prices above $0.05 per kilowatt-hour or those still using older model mining machines, this difficulty adjustment is unlikely to reverse the risk of total shutdown.To cope with the "2026 mining winter," leading companies are accelerating their transition to artificial intelligence (AI) and high-performance computing (HPC). IREN and Core Scientific have redirected some of their data center power capacity to support generative AI businesses to secure more stable long-term contract revenues. Recently, Bitfarms announced a complete exit from Bitcoin mining to focus on its AI strategic transformation.

According to market news, Nasdaq-listed Bitcoin mining company Bitdeer released an unaudited Bitcoin mining and operational update report for January 2026, disclosing that the company mined 668 BTC in January, an increase of approximately 430% compared to the same period last year. Its total Bitcoin holdings reached 1,530 BTC, with self-mining hash rate reaching 63.2 EH/s.

According to CoinMarketCap, Morgan Stanley has begun coverage on Bitcoin mining companies, giving Cipher Mining and TeraWulf an overweight rating, while rating Marathon Digital as underweight.

According to CoinDesk data, Morgan Stanley analyst Stephen Byrd and his team rated three Bitcoin miners, giving Cipher Mining (CIFR) and TeraWulf (WULF) a "Buy" rating, with target prices set at $38 and $37, respectively.At the same time, they also initiated coverage on Marathon Digital (MARA), giving it a "Sell" rating with a target price of $8.On Monday, CIFR's stock price rose 12.4% to $16.51, WULF's stock price increased by 12.8% to $16.12, and MARA saw a slight increase to $8.28.

According to The Miner Mag, Bitcoin mining company NFN8 Group has announced that it has filed for Chapter 11 bankruptcy protection in Texas, USA, and plans to sell all its assets under court supervision.Documents show that NFN8 is facing ongoing pressure on its operating cash flow due to a fire at its core mining facility, leasing pressures from its equipment sale-leaseback model, and a drop in hashprice to historical lows following the Bitcoin halving. The company disclosed that it operates multiple mining sites in Crystal City, Texas, and Iowa, with over 5,000 of its own mining machines. NFN8 expects its asset size to be below $50,000, with liabilities between $1 million and $10 million.

The Nasdaq-listed Bitcoin mining company Bitfarms announced that it will relocate its headquarters from Canada to the United States, and it will also be renamed Keel Infrastructure. The related matters must be approved by shareholders, the stock exchange, and the court. It is reported that Keel Infrastructure will be a company established under the laws of Delaware, and after the change of registered office is completed, its common stock will trade on the updated Nasdaq and Toronto Stock Exchange.

According to monitoring by lookonchain, Bitcoin mining company MARA transferred 1,318 BTC, worth approximately $86.89 million, to Two Prime, BitGo, and Galaxy Digital in the past 10 hours.

Nasdaq-listed Bitcoin mining company LM Funding America disclosed a mining output of 7.8 BTC in January, increasing its total holdings to 364.1 BTC. Based on a price of $79,960, the value of its holdings is approximately $29.1 million.

According to CoinDesk, JPMorgan noted in a report that Bitcoin mining stocks performed strongly in 2026, with the total market capitalization of 14 U.S.-listed mining companies tracked by them increasing by $11 billion in a single month, a 23% month-over-month rise to $60 billion, far exceeding the performance of the S&P 500 index during the same period.The report believes this is mainly due to the winter storm causing a decrease in overall network hash rate, as well as market optimism regarding mining companies' transition to high-performance computing (HPC). The report pointed out that although the price of Bitcoin fell by about 4% that month, miners' profitability improved due to a temporary reduction in competition for network hash rate. At the same time, mining company valuations continued to expand, with their trading multiples being about three times the average level since 2022, indicating a significant decoupling of valuations from the price trends of Bitcoin.Additionally, mining companies are actively transforming into digital infrastructure providers, such as Riot Platforms signing an agreement with AMD to convert their mining facilities into AI data centers in search of more stable long-term revenue.