Core Insights - Bitcoin mining is highly power-intensive, generating significant heat, which can be utilized in other applications like greenhouse operations [1][2] - Canaan has initiated a 3 MW proof-of-concept project in Manitoba with Bitforest to recover heat from mining operations for greenhouse use [1] - The project aims for a 90% capture rate of electricity consumed, enhancing efficiency in high-density computing operations [2] Company Initiatives - Canaan is focusing on making high-density computing operations more efficient while promoting energy reuse across various applications [2] - The initial agreement for the project is set for a two-year term, indicating a commitment to long-term sustainability and efficiency [2] - The company aims to develop a replicable model for energy reuse in similar operations [2]

Riot Produces 460 Bitcoin in December 2025CASTLE ROCK, Colo., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications, announces unaudited production and operations updates for December 2025. Bitcoin Production and Operations Updates for December 2025 Comparison (%) MetricDecember 20251November 20251December 20241Month/MonthYear/Year Bitcoin Produced46 ...

Core Insights - CleanSpark, Inc. reported a more than 10% year-over-year increase in Bitcoin production for the calendar year 2025, achieving a total of 7,746 Bitcoin produced [1][6] - The company is transitioning from a pure-play Bitcoin miner to include AI compute capabilities, with strategic partnerships and site acquisitions to support this evolution [7] Production Metrics - In December 2025, CleanSpark produced 622 Bitcoin, with a peak single-day production of 20.59 Bitcoin and an average daily production of 20.07 Bitcoin [6] - The operational hashrate reached 50.0 EH/s, with an average operating hashrate of 47.2 EH/s and a peak efficiency of 16.07 J/Th [6] Strategic Developments - CleanSpark has entered the Texas market with a 271-acre site and long-term power supply agreements totaling 285 megawatts for AI data center expansion [7] - The company closed on a $1.15 billion zero-coupon convertible notes offering to expand its power portfolio [7] Demand Response Initiatives - In December 2025, CleanSpark curtailed its Bitcoin mining power consumption by hundreds of megawatts in response to a request from the Tennessee Valley Authority during extreme weather [3][4] - This demand response capability demonstrates the company's commitment to being a reliable partner to utilities and communities [4] Bitcoin Treasury Metrics - As of December 31, 2025, CleanSpark held a total of 13,099 Bitcoin, with 577 Bitcoin sold for total proceeds of approximately $51.46 million, averaging $89,210 per Bitcoin sold [8][9]

Bitcoin mining stocks generally ended 2025 on a high note, despite a brutal showing in December. In their December Bitcoin Mining Monthly research note, J.P. Morgan analysts Reggie Smith and Charles Pearce reported that the aggregate market capitalization of 14 bitcoin miners fell 18% month-over-month in December 2025 to $48 billion, as daily bitcoin mining revenue dropped 7%. Despite this, the sector finished 2025 with a 73% gain in total market value even after a pullback from October highs of $70 billi ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Bitcoin mining firm Riot Platforms promoted Jason Chung, currently its head of corporate development and strategy, to its top financial seat effective March 1, according to a Jan. 2 press release and securities filing. The shift comes as the business moves to execute on a strategic shift focused on data centers amid the artificial intelligence boom. Chung wi ...

Group 1 - The stock of CleanSpark (CLSK) has experienced a significant decline, primarily attributed to Bitcoin volatility rather than weak AI sentiment [1] - The overall market sentiment regarding AI and high-performance computing (HPC) is currently weak, which may impact investment strategies in these sectors [1] Group 2 - The author has a long position in CleanSpark shares, indicating a personal investment interest in the company's performance [2] - The analysis aims to provide insights into macro trends and their influence on asset prices and investor behavior, particularly focusing on equities and derivatives [2]

Core Viewpoint - The stock of CleanSpark (CLSK) has experienced a significant decline, primarily attributed to Bitcoin volatility, despite weak sentiment in AI and HPC sectors [1]. Group 1: Company Analysis - CleanSpark's stock price action has been negatively impacted by fluctuations in Bitcoin, overshadowing the potential benefits from AI and HPC developments [1]. Group 2: Market Context - The overall sentiment in the AI and HPC markets is weak, which may contribute to the challenges faced by companies like CleanSpark [1].

Core Insights - Bitfarms Ltd. has completed its exit from Latin America by selling its last asset in the region, a 70-megawatt facility in Paraguay, for up to $30 million, signaling a strategic shift towards high-performance computing and AI infrastructure in North America [1][4] Group 1: Transaction Details - The sale involves transferring the operating subsidiary to Sympatheia Power Fund, a cryptocurrency-focused infrastructure fund managed by Hawksburn Capital [2] - Bitfarms will receive $9 million in cash at closing, expected in Q1 2026, along with potential additional payments of up to $21 million based on operational milestones, effectively accelerating cash flows from the Paraguayan operation [3] Group 2: Strategic Shift - CEO Ben Gagnon highlighted that the funds from the sale will be reinvested in North American energy and data center projects for HPC and AI, anticipating higher returns compared to traditional mining [4] - The divestment follows a previous sale of a larger Paraguayan site in 2025, marking a complete exit from Latin America [4] Group 3: Operational Focus - Post-transaction, Bitfarms' power portfolio is now entirely in North America, with 341 megawatts of operational capacity and 430 megawatts in active development, alongside a multi-year pipeline of approximately 2.1 gigawatts [5] - The company plans to convert certain sites, including an 18-megawatt facility in Washington State, to support advanced technologies like Nvidia's next-generation GPUs [6] Group 4: Market Reaction and Future Outlook - The move enhances Bitfarms' financial flexibility and focuses resources on domestic opportunities in data center hotspots, with positive market reaction reflected in share price gains [7] - As AI adoption accelerates in 2026, Bitfarms aims to capitalize on this high-growth segment, potentially leading to more stable revenue streams beyond Bitcoin mining [8]

Coinbase has pulled the plug on its operations in Argentina, less than a year after launching in the South American nation. The crypto exchange told its Argentine customers that it will end peso trading in the stablecoin USD Coin on January 31 as it “reevaluates” its offerings. But in further comments to the press, the firm referred to a wider “strategic retreat.” “Today we notified users in Argentina that, following a review of our local operations, we have made the decision to temporarily take a step ...

Group 1 - Bitfarms has announced its exit from Latin America by selling its 70 MW site in Paraguay for up to $30 million to Sympatheia Power Fund [1][3] - The company will now focus on high-performance computing (HPC) and artificial intelligence (AI) using North American energy [2][3] - The sale includes an upfront payment of $9 million and up to $21 million based on payment milestones over the next 10 months, with the deal expected to close within 60 days [3] Group 2 - Bitfarms previously sold another site in Paraguay and closed its site in Argentina, indicating a complete exit from the Latin American market [4] - The shift towards high-performance computing is a trend among Bitcoin miners as the industry faces challenges due to a slump in Bitcoin prices and increased mining difficulty [4][5] - Many miners are transitioning to provide digital infrastructure for AI, leveraging their existing data centers to meet the energy demands of both industries [5]