Bitcoin Mining & ASIC News: Market, Hardware and Energy · Page 2
Mining news and original analysis with dated primary sources.

Hitachi Energy plans CAD 479 million transformer-insulation factory in Ontario
The October 16 announcement targets completion by 2028 for a 21,000 m² London facility. Pressboard and laminates support transformer manufacturing; the project is not new generating capacity or an operating factory.

Huawei updates Stellar network platform for Europe with separate performance claims
The October 16 release covers data-center fabric, WAN and campus networks. Its utilization, AI-performance, component-count and security figures use different boundaries and do not establish a mining-hashrate gain.

Strive prices expanded SATS offering at $90; gross proceeds estimated at $630 million
The October 15 pricing replaces the earlier proposal: seven million preferred shares at $90, with settlement scheduled for October 20. Gross proceeds are distinct from stated amount and completed Bitcoin purchases.

Hitachi Energy and Ansaldo Energia sign generation-to-grid cooperation memorandum
The October 16 memorandum combines generation and grid capabilities for proposed integrated solutions in 50 Hz and 60 Hz markets. It does not announce an operating power plant or a named mining customer.

LITEON and QCT showcase 110 kW Power Shelf for Vera Rubin NVL72 infrastructure
LITEON’s October 16 release describes a joint OCP demonstration and platform co-design. The 110 kW shelf rating is distinct from rack consumption, deployed capacity and verified mining-hardware compatibility.

Canaan reports 44 BTC for September and full operation of Nordic heating project
Canaan’s October 15 update separates September mining and treasury data from a newly operational heating project. Its theoretical operating-hashrate definitions and paused Ethiopia operations require care.

Baker Hughes, Venture Global and GE Vernova set framework for up to 16 power islands
The October 15 framework covers potential equipment and service supply, with deliveries contemplated for 2028–2034. A first purchase order is expected by end-2026; 16 units are not confirmed operating plants.

Clivet presents dual-shaft compressor for free-cooling-first data centers
The October 15 release claims up to 40% lower compressor power at the same cooling capacity under the described conditions. That is not a 40% saving for an entire data center or mining farm.

BitFuFu and Finloop launch HASH, a BTC-denominated mining-linked note
The October 15 announcement introduces a tokenized note linked to mining output for eligible investors. It does not publish a guaranteed yield, a new ASIC specification or an increase in network hashrate.

Vattenfall selects Fluence for 254 MW Brunsbüttel battery project
The October 14 agreement covers a planned storage facility exceeding 1,000 MWh. Construction is expected in 2027, with operation and connection to the 50Hertz network planned for end-2028.

Delta debuts prefabricated SST-based DC power system at Energy Taiwan
Delta’s October 14 showcase combines solid-state conversion, control and optional storage. Its efficiency and deployment-time figures are supplier claims with different boundaries, not measured improvements to an existing mining farm.

Datacentrex starts DG2 energization, targeting 52.2 TH/s of Scrypt hashrate
The October 14 release says initial additional DG2 miners are producing, with the rest expected online over coming weeks. The 52.2 TH/s and roughly 14 MW totals remain full-energization targets.