Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
CleanSpark's June update shows why headline Bitcoin holdings can be harder to read when coins are collateral, receivables, restricted balances, or already tied to treasury trades.
Liam 'Akiba' Wright 3 min read 
US electricity demand is heading for record highs by 2027, forcing Bitcoin miners to prove their power use can support the grid.
Rare bottom-zone readings are drawing attention, but low hashprice will decide which operators can keep hashing.
The transfer is not confirmed as a sale, but it points to a harder funding question for public miners.
BGeometrics data show BIP-110 miner signaling at 0.42% since May 1, while Farside's alerts make the August lock-in window harder for exchanges, wallets, pools, and node operators to ignore.
Bitcoin is close enough to my lower channel levels that the old $49K framework is back in play, but confirmation still depends on acceptance below the high-$50Ks and stress from flows, leverage, and miners.
The Tax Clarity for Mining and Staking Act may remove a key penalty for U.S.-based validators, but miners say cheaper power and faster permitting still decide where the next megawatt gets built.
Bitcoin miners' production cost was supposed to be the level Bitcoin couldn't fall through, but it's been sitting below it for weeks.
The MOU points to mined-BTC revenue, but the real test is power cost, uptime, and coin retention.
