Achieved record high cryptocurrency treasury of 1,778 BTC and 3,951 ETH Deployed global hashrate exceeded 10 EH/s SINGAPORE, Feb. 10, 2026 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today released its unaudited bitcoin mining update for the month ending January 31, 2026. Management Commentary "Our results for January 2026 demonstrate the resilience and adaptability of our global mining operations," said Nangeng Zhang, chairman and CEO of Canaan. " ...

Bitcoin will eventually fall and take Russia’s burgeoning crypto mining industry down with it, says the lawmaker responsible for creating the country’s crypto regulation. The comments came from Anatoly Aksakov, head of the State Duma’s Committee on Financial Markets. Aksakov was responding to Russian experts who told the Russian Parliamentary Gazette that Bitcoin prices would not rise in the near future, and could drop to $40,000 next year. “I’ve always had reservations about this sector, since cryptoc ...

Core Insights - Cipher Mining is transitioning from primarily crypto mining to securing long-term contracts with tech giants for AI data centers, with Amazon being a significant customer through a 15-year lease worth $5.5 billion [1] Group 1: AI and Tech Contracts - Cipher Mining is expected to win more contracts as it brings additional gigawatts online, currently holding a 3.4 gigawatt pipeline that remains largely unallocated [2] - The Amazon deal illustrates that Cipher Mining can secure contracts without immediate energy delivery, with part of the 300 megawatts promised to Amazon expected by July 2026 [9] Group 2: Crypto Mining Operations - Cipher Mining's crypto mining revenue has nearly tripled year-over-year to $71.7 million, although the segment remains unprofitable with a reduced operating loss of $37.6 million compared to $91.4 million in the same quarter last year [4] - The company holds $170 million in Bitcoin, providing direct exposure to Bitcoin price movements, unlike other miners who sell their mined Bitcoin immediately [5] Group 3: Expansion and Infrastructure - Cipher Mining has acquired a 200 megawatt site in Ohio, expanding its geographical footprint and increasing its total pipeline to 3.4 gigawatts across eight sites [7] - This expansion allows Cipher Mining to build its energy pipeline more rapidly while already having sufficient gigawatts to support future tech deals [8]

This is my first cover on MARA Holdings ( MARA ). In the recent articles, I explored other crypto miners like IREN ( IREN ) and TeraWulf ( WULF ), and AI Cloud providersI first entered investing in 2016 as an individual value investor. In 2022, I established the investment firm Libra Capital. I mostly write articles as part of my deep research into a company before I make an investment, whether long or short. For me, a ''hold'' article means neutral; don't touch the stock and exit a position if you have one ...

Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to announce the company’s Bitcoin production results for January 2026, highlighting exceptional year-over-year growth in hashrate, strong fleet efficiency, and reliable performance across its global network of Tier-1 and Tier-3 data centers. Daubaras told Proactive that HIVE’s high uptime, operational resilience, and production consistency—particularly at its Paraguay operations—enabled the company to produ ...

In 2026, there's probably only one group of assets that is seeing more volatility and panic selling than Bitcoin itself: crypto miners. Companies have spent billions acquiring mining capacity in response to rising Bitcoin prices, competing against a crowded data center space that isWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping t ...

Balls of steel; that’s what those who HODLed Bitcoin yesterday needed when prices plunged by more than $10,000. As the digital gold acts more like a volatile Solana meme coin, institutions are recalibrating. True, some like MicroStrategy, or Strategy now, might be smiling, but they remain under immense pressure. However, looking at on-chain data, there are some refreshing moves after MARA Holdings, formerly Marathon Digital, readjusted its treasury. Yesterday, on February 5, on-chain data showed that th ...

OLD Amid one of the worst single-day selloffs for bitcoin BTC in recent memory, the carnage continued in after-hours trading for two prominent bitcoin miners. IREN shares closed the session down 11.5% and fell another 13% following the close, while CleanSpark was down about 10% after falling nearly 20% in the regular session. IREN (NASDAQ: IREN), the largest publicly traded miner by market cap, said total revenue decreased to $184.7 million while net income came in at a loss of $155.4 million compared ...

Sovcombank, the ninth-largest Russian bank by assets, said it became the first financial institution in the country to offer bitcoin-backed loans to individuals and corporations who legally own digital assets. The move follows a pilot program by state-owned Sberbank, which in late December issued the first such product to mining firm Intelion Data. While crypto-secured lending remains limited amid regulatory uncertainty, Russian banks have increasingly shown interest in borrowing against bitcoin as mining ...

Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it becomes fully enforceable on Wednesday. If an appeal is unsuccessful or not filed, Runets will remain home‑bound for the entirety of the case, according to RBC. Runets, 39, is ...