An independent Bitcoin miner succeeded in mining the 944,306th block at an extremely low probability, earning a reward of 3.128 BTC, highlighting the difficulty and randomness of solo mining.

In the second quarter of 2026, global Bitcoin hashrate fell by 5.8%, dropping to 1004 EH/s, putting pressure on miner profitability. Even though the United States still accounts for 37.4% of hashrate, emerging markets such as Kyrgyzstan are growing rapidly, while hashrate in Iran and Argentina is declining. The mining industry is facing a period of adjustment, with both the retirement of high-cost mining rigs and market expansion occurring at the same time.

Riot Platforms produced 1,473 BTC in the first quarter of 2026, with daily output down 4% year over year. Net revenue for the quarter was $289.5 million, and computing power deployment reached 42.5 EH/s, up 26% year over year. Total electricity costs fell to 3.0 cents per kilowatt-hour, down 21% year over year.

Gate News bot message, James Wynn (@JamesWynnReal) opened another 40x short position on Bitcoin approximately 30 minutes ago, with a liquidation price set at $70,270.83. According to Lookonchain's previous report on March 26, James Wynn has used up to 40x leverage to short Bitcoin three times in th

Ethereum Ecosystem Rate Swap Protocol Kairos Labs Completes $2.4M Seed Round Funding on March 25, Led by 6th Man Ventures with Participation from Lattice and Others. The Project Has Graduated from Alliance Accelerator and is Expected to Launch on Ethereum Mainnet and Base Network in the Near Term.

Fantasy.top faces accusations from angel investors, claiming the team went silent and refused to refund $50,000, sparking "soft Rug Pull" allegations. Founder Travis Bickle countered that the company operates based on product revenue and has not used investors' funds. Several well-known investors also reported experiencing similar situations.

Gate News bot message, a whale trader experienced complete liquidation on crude oil short positions, resulting in a $1.82M loss as crude oil prices surged. The whale's $CL and $OIL short positions were fully liquidated. Currently, the whale maintains short positions in $ETH, $GOLD, and $SILVER. Th

Bitcoin mining company BitFuFu mined a total of 227 Bitcoins in February 2026, with 190 from cloud computing power and 37 from self-mining. Total managed computing power increased by 28.2% year-over-year. As of the end of February, BitFuFu holds 1,830 Bitcoins and approximately $40 million in cash, maintaining a net cash position and sufficient liquidity.

Bitcoin miner manufacturer Canaan Inc. acquired a 49% stake in Cipher Mining's ABC Projects in Texas for $39.75 million, becoming a major shareholder. The deal involved issuing shares and purchasing 6,840 mining machines, with the total hash rate of the mining farm approximately 4.4 EH/s.

Canaan Inc. announced the acquisition of a 49% stake in Cipher Mining's Alborz, Bear, and Chief Mountain projects, with a transaction amount of approximately $39.75 million. The total power capacity is 120 MW, with a hash rate of about 4.4 EH/s, and they repurchased 6,840 mining machines.