The Bitcoin bear market has forced mining hardware manufacturers to retrench. Between 2024 and 2026, the Bitcoin mining hardware industry did not experience widespread layoffs, but nearly all manufacturers underwent deep restructuring and strategic contraction. Leading firms like Bitmain avoided public mass layoffs, instead cutting labor costs through salary restructuring and delayed wage payments. Canaan …
Yes, Bitcoin mining is currently in a winter phase in March 2026, though it’s more of a prolonged “cold snap” after sharp corrections rather than a full-blown ice age like 2018 or 2022.Current Snapshot (as of mid-March 2026) Why It Feels Like Winter But It’s Not Total Doom In short: Yes, it’s winter for Bitcoin …
The four brands you mentioned—Antminer (Bitmain), Whatsminer (MicroBT), Avalon (Canaan), and IceRiver—are major players in the ASIC mining hardware space as of February 2026. They dominate different segments, with Antminer, Whatsminer, and Avalon focusing primarily on Bitcoin (SHA-256) and some altcoins like Scrypt (e.g., LTC/DOGE), while IceRiver specializes in newer/niche algorithms (e.g., Kaspa’s kHeavyHash, Alephium’s …
Compare Antminer, Whatsminer, Avalon, and IceRiver. Read More »
There are reports and indications that Bitmain’s hardware, including anticipated models like the L11 (a Scrypt miner for Litecoin/Dogecoin), may face significant delays due to increased US government scrutiny, security reviews (Operation Red Sunset), and broader supply chain disruptions, leading to potential seizures and extended wait times for miners awaiting deliveries. While specific L11 release date …
Lucky Miner is a compact, low-power cryptocurrency mining device designed for solo mining of coins using the SHA-256 algorithm, like Bitcoin (BTC), Bitcoin Cash (BCH), and DigiByte (DGB). It’s nicknamed a “lottery miner” because its low hashrate (typically 1-20 TH/s) makes mining a full block reward very unlikely, similar to winning a lottery. Its low …
On March 25, according to CNBC, Standard Chartered Bank said that Bitcoin’s correlation with Nasdaq is generally higher than its correlation with gold, and investors can benefit from viewing Bitcoin as a large technology stock. According to the bank’s data, Bitcoin’s current correlation with Nasdaq is about 0.5, after being close to 0.8 earlier this …
Trump’s nominee for SEC Chairman Paul Atkins will be heard by the Senate next week On March 21, Paul Atkins, the nominee for the chairman of the U.S. Securities and Exchange Commission (SEC), will attend the Senate Banking Committee confirmation hearing on March 27. If approved, the full Senate will hold a final vote. Atkins, …
Trump’s nominee for SEC Chairman Paul Atkins will be heard by the Senate next week Read More »
On March 20, Forbes reported that three executives of Trump Media Technology Group (TMTG) set up a new special purpose acquisition company (SPAC) and planned to raise at least $179 million to acquire companies in cryptocurrency, blockchain or related industries. The company, called Renatus Tactical Acquisition Corp I, is registered in the Cayman Islands and …
On March 19, the Ethereum Foundation published an article stating that the activation of the Pectra testnet exposed problems with the client’s configuration changes in the deposit contract in the Ethereum testnet. While Sepolia’s recovery process was relatively simple and the network has now fully recovered, Holesky experienced a large-scale inactivity leak in its recovery …
On March 13, according to Coinglass data, the current mainstream CEX and DEX funding rates show that the crypto market is still bearish. The specific mainstream currency funding rates are shown in the attached figure. BlockBeats Note: Funding rates are the rates set by cryptocurrency trading platforms to maintain a balance between contract prices and …
The current mainstream CEX and DEX funding rates show that the market is still bearish Read More »
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