Bitcoin mining news: China mining crackdown, Hut 8’s $7B AI deal, CoreWeave’s delays

In bitcoin mining news this week, market volatility shook the industry as authorities in China resumed scrutiny of Bitcoin mining operations in Xinjiang, potentially shaking out gigawatts worth of bitcoin mining in the region. While hashrate faces pressure abroad, North American infrastructure continues to pivot toward AI, headlined by a massive hosting deal from Hut 8 (Nasdaq: HUT) and ongoing project developments for Core Scientific (Nasdaq: CORZ). Meanwhile, market economics remain strained with hashp ...