Bitcoin Mining & ASIC News: Market, Hardware and Energy
Mining news and original analysis with dated primary sources.
Riot Platforms closes Coinbase credit facility after full voluntary prepayment
Riot says it paid all outstanding principal and accrued interest on September 21, terminated the Coinbase facility without an early-exit fee, and obtained release of the related security interests.
New Era signs 20-year power agreement for 200–207 MW Texas data-center project
TCDC PowerCo contracted with Luminant for at least 200 MW near an Odessa gas plant, subject to conditions and substantial credit support before delivery.
Applied Digital selects Brookwood, Alabama for its Delta Forge 2 AI campus
The company places its previously announced 210 MW lease at a 160-acre Brookwood campus, with operations targeted for 2028 and more than $3.2 billion of combined investment.
Crusoe confirms Google’s Texas AI campus links to 531 MW of wind generation
Crusoe says it is developing Google’s Armstrong County campus beside two 265.5 MW wind farms. Construction is under way, but the release does not disclose campus load, opening date or total power supply.
Soluna and Bitdeer expand Project Kati 1 mining agreement to 35 MW and 2.42 EH/s
Soluna says Bitdeer will add about 7 MW of Sealminer A2 Pro Air equipment at its wind-powered Texas site, taking the planned deployment to 35 MW and about 2.42 EH/s by November.
Aligned Data Centers adopts Phaidra Prism as a read-only operations intelligence layer
Phaidra says Aligned will deploy Prism across its portfolio to analyse building, electrical and infrastructure telemetry. The release provides no measured savings, deployment schedule or facility list.
Hut 8 closes a $1.07 billion revolving facility for AI and ASIC infrastructure
Hut 8 says its new four-year senior secured revolving credit facility provides up to $1.07 billion of parent-level liquidity. No amount was drawn at closing, and the same amount is available as a letter-of-credit sublimit for development collateral and other corporate needs.
MARA posts $100 million deposit for a Texas site with rights tied to 2 GW of power
MARA disclosed an amendment covering its Texas digital-infrastructure project: a subsidiary posted a $100 million utility security deposit, while the potential aggregate purchase price remains $600 million if all milestones are achieved. The 2 GW figure is a power right referenced in the filing, not energized capacity.
Cipher extends Barber Lake lease horizon to 20 years and over $9 billion
Cipher Digital says a lease amendment and a binding commitment for a following ten-year term raise Barber Lake contracted revenue from $3.8 billion to more than $9 billion. Delivery is now phased from Q4 2026 through Q1 2027, and Cipher bears the first $359.3 million of costs above the initial budget.
QBT moves its AI Oracle from laboratory work to manufacturer-backed ASIC testing
Quantum Blockchain Technologies says its first AI Oracles were trained on data from an ASIC manufacturer and showed an advantage over traditional mining in tests through August. The company also says more validation, compression and a larger dataset are required before commercial deployment.
Strategy acquires 1,665 BTC and repurchases $152 million of STRC
Strategy disclosed the acquisition of 1,665 BTC and a $152 million repurchase of its STRC preferred stock in a September 28 Form 8-K. The transaction is a treasury and capital-structure event, not a change in Bitcoin network production.
Digital Commodities adds Solana while keeping 11 BTC as its reserve foundation
Digital Commodities announced a roughly C$100,000 Solana purchase funded by selling part of its physical gold position. The company says its 11 BTC and cash remain the reserve foundation, while the new allocation is governed separately as an AI-infrastructure strategy.