EMCD News

CryptoQuant: Bitcoin’s bear cycle may be over 🌝

CryptoQuant founder Ki Young Ju says Bitcoin has moved out of its bearish market cycle, pointing to the company’s Bull-Bear Market Cycle Indicator.

🐂 The broader picture is turning bullish as well. CryptoQuant’s Bull Score Index jumped from 30 to 80 in a single week — its highest reading since October 2025 — with 8 of 10 underlying on-chain, market and valuation metrics now bullish. The shift follows a roughly 24% rally that lifted BTC from below $64 000 to above $80 000. ℹ️ One major level still stands in the way. Julio Moreno, CryptoQuant’s head of research, says Bitcoin needs to move above its 365-day moving average — around $83 000 at the time of the report — for the new bull market to be "officially" confirmed. Until then, the level remains a key resistance area. 🔳 Community / Website / EMCD App / Twitter / Support

It’s Dog Appreciation Day 🐾 A perfect excuse to celebrate the ones who make every day a little brighter, funnier, and more special just by being there.

We’ve put together a few of our teammates’ dogs — along with the little things that make each of them so special.

Swipe through to meet them, and show us your own four-legged favorite in the comments ❤️ 🔳 Community / Website / EMCD App / Twitter / Support

EMCD Mining Pool × Hashlabs 🤝 We're partnering with Hashlabs — a global Bitcoin mining infrastructure operator with facilities across Finland, Norway, Ethiopia, the US, and South America. 🏭 What this means for EMCD miners? Hashlabs' Brazil facilities now integrate with the EMCD pool — green hydro energy, ~$0.059/kWh rates, and direct connection to our infrastructure.

✔️ Stable hosting with competitive energy rates ✔️ Direct integration with EMCD Mining Pool and daily payouts ✔️ Full-service setup for B2B and institutional clients

Interested in hosting terms in Brazil? DM Nicolas or email n.rincon@emcd.io 🔳 Community / Website / EMCD App / Twitter / Support

Mining vs. AI: who gets the power? ⚡️ On August 27, Nicolás Rincón, Partnerships Manager at EMCD, will take the stage at Cripto Latin Fest in Bogotá for the panel:

“Mining vs. AI: The War for the Planet’s Energy”

Bitcoin mining and AI infrastructure are both becoming major energy consumers. The panel will get into some big questions:

♦️ How should available energy be used? ♦️ Where does each industry create the most value? ♦️ Can mining and AI grow together instead of competing for the same resources?

ℹ️ And there’s more EMCD at the event: EMCD Coinhold Wallet will be on the floor August 27–28 with its booth, activations, merch, and the team ready to talk crypto. If you’re at Cripto Latin Fest, catch Nicolás on stage — and come find EMCD Coinhold Wallet afterwards. 🇨🇴 🔳 Community / Website / EMCD App / Twitter / Support

📰 What happened in mining last week EMCD Digest | August 3–9, 2026  ♦️ Hashprice rises 20% as Bitcoin rallies toward $80K

Between Aug. 18 and 22, hashprice climbed from $31.80 to $38.29 per PH/s/day as Bitcoin rallied toward $80,000, giving miners some relief after months of pressure on margins.

♦️ CleanSpark, BitFuFu and Canaan post lower July output for a second month

CleanSpark mined 586 BTC in July, down 5% from June; BitFuFu produced 112 BTC (-10%) and Canaan 46 BTC (-28%), while Canaan’s Texas operations were still recovering from wildfire-related disruptions.

♦️ AI-focused miner stocks pull back after strong 2026 gains

On Aug. 21, Hut 8 fell 11%, TeraWulf dropped 5% and IREN 3%, with the declines looking more like profit-taking after strong 2026 gains than a shift in sentiment toward their AI infrastructure businesses.

♦️ Riot sells 9,665 BTC in H1 as it expands into AI infrastructure

Riot Platforms sold 4,300 BTC in the second quarter, bringing first-half sales to 9,665 BTC as the miner used its treasury to fund operations and a growing push into data-center and AI infrastructure.

♦️ Cypherpunk builds an 18% share of Zcash hashrate

Cypherpunk Technologies launched a U.S.-based Zcash mining fleet with around 4.2 GSol/s of capacity, which the company says represents roughly 18% of the network’s total hashrate.

🔳 Community / Website / EMCD App / Twitter / Support

📰 What happened in mining last week EMCD Digest | August 3–9, 2026  ♦️ Hashprice rises 20% as Bitcoin rallies toward $80K

Between Aug. 18 and 22, hashprice climbed from $31.80 to $38.29 per PH/s/day as Bitcoin rallied toward $80,000, giving miners some relief after months of pressure on margins.

♦️ CleanSpark, BitFuFu and Canaan post lower July output for a second month

CleanSpark mined 586 BTC in July, down 5% from June; BitFuFu produced 112 BTC (-10%) and Canaan 46 BTC (-28%), while Canaan’s Texas operations were still recovering from wildfire-related disruptions.

♦️ AI-focused miner stocks pull back after strong 2026 gains

On Aug. 21, Hut 8 fell 11%, TeraWulf dropped 5% and IREN 3%, with the declines looking more like profit-taking after strong 2026 gains than a shift in sentiment toward their AI infrastructure businesses.

♦️ Riot sells 9,665 BTC in H1 as it expands into AI infrastructure

Riot Platforms sold 4,300 BTC in the second quarter, bringing first-half sales to 9,665 BTC as the miner used its treasury to fund operations and a growing push into data-center and AI infrastructure.

♦️ Cypherpunk builds an 18% share of Zcash hashrate

Cypherpunk Technologies launched a U.S.-based Zcash mining fleet with around 4.2 GSol/s of capacity, which the company says represents roughly 18% of the network’s total hashrate.

🔳 Community / Website / EMCD App / Twitter / Support

📰 What happened in mining last week EMCD Digest | August 3–9, 2026  ♦️ Hashprice rises 20% as Bitcoin rallies toward $80K

Between Aug. 18 and 22, hashprice climbed from $31.80 to $38.29 per PH/s/day as Bitcoin rallied toward $80,000, giving miners some relief after months of pressure on margins.

♦️ CleanSpark, BitFuFu and Canaan post lower July output for a second month

CleanSpark mined 586 BTC in July, down 5% from June; BitFuFu produced 112 BTC (-10%) and Canaan 46 BTC (-28%), while Canaan’s Texas operations were still recovering from wildfire-related disruptions.

♦️ AI-focused miner stocks pull back after strong 2026 gains

On Aug. 21, Hut 8 fell 11%, TeraWulf dropped 5% and IREN 3%, with the declines looking more like profit-taking after strong 2026 gains than a shift in sentiment toward their AI infrastructure businesses.

♦️ Riot sells 9,665 BTC in H1 as it expands into AI infrastructure

Riot Platforms sold 4,300 BTC in the second quarter, bringing first-half sales to 9,665 BTC as the miner used its treasury to fund operations and a growing push into data-center and AI infrastructure.

♦️ Cypherpunk builds an 18% share of Zcash hashrate

Cypherpunk Technologies launched a U.S.-based Zcash mining fleet with around 4.2 GSol/s of capacity, which the company says represents roughly 18% of the network’s total hashrate.

🔳 Community / Website / EMCD App / Twitter / Support

Happy Bitcoin Infinity Day 🌝

∞/21M — everything there is, divided by Bitcoin's fixed supply of 21 million coins.

Swedish Bitcoin author Knut Svanholm coined the phrase in 2020 and gave August 21 — written 8/21 — its symbolic meaning a year later. ❤️ — if you’re celebrating with us 🔳 Community / Website / EMCD App / Twitter / Support

Some notifications are worth opening right away Like a daily payout from EMCD Mining Pool 😎 🔥 — I approve 🔳 Community / Website / EMCD App / Twitter / Support

🏭 A mining partner should deliver value beyond the dashboard That starts with understanding your operation — and building an offer around it. Swipe through the cards to see how the EMCD Miner Support Program can support your mining operation through this challenging market cycle.  To join:

➡️ Share details about your mining hardware and operation ➡️ Receive a custom offer tailored to your needs ➡️ Connect your hashrate to the EMCD Mining Pool and access the available program benefits The program is available for a limited time.

😇Apply to join and get your custom offer😇 🔳 Community / Website / EMCD App / Twitter / Support

Imagine finding a valid Bitcoin block… only to hear:

“Great work. The blockchain chose someone else.” 😄

That is an orphan race. It happens when two miners produce valid blocks almost simultaneously. Both branches compete until one accumulates more proof-of-work. The losing block becomes stale. March 24, 2026. AntPool and Foundry USA both found block 941,881 — twelve seconds apart, both valid. ViaBTC picked AntPool’s branch and built 941,882 on it. Foundry continued building on its own branch, eventually extending it to six blocks.  The network followed Foundry’s heavier chain. AntPool’s and ViaBTC’s blocks became stale: the transactions returned to the mempool and confirmed again shortly after, but the block rewards and fees were lost.  Finding a valid block is only part of the race. It still has to become part of the chain the network keeps building on ⛏️ 🔳 Community / Website / EMCD App / Twitter / Support

Power Salon: Mining × AI Data Centers 🔋 We're co-hosting a Bitcoin Asia side event in Hong Kong, and this one's worth being in the room for.

♦️ Friday, August 28 · 14:00–18:00 (GMT+8) ♦️ Soho House, Hong Kong ♦️ Hosted by EMCD × DMA

As compute demand reshapes both industries — mining and AI data centers are converging around the same questions: power, site selection, hardware, long-term economics. Power Salon brings together operators, investors, and technologists for a focused, off-the-record conversation on where these two worlds actually meet. What to expect: 

✔️ Real talk, not pitch decks. Candid discussion with people actually working on these problems  ✔️ Curated room: relevant operators, investors, builders only ✔️ Food and open networking at Soho House ✔️ A focused read on where the practical opportunities are emerging

Who should be there: Miners, data center builders, energy providers, investors, anyone exploring the mining-to-AI transition Spots are limited 😇Reserve your spot😇 🔳 Community / Website / EMCD App / Twitter / Support

EMCD Mining Pool × Hashlabs 🤝 We're partnering with Hashlabs — a global Bitcoin mining infrastructure operator with facilities across Finland, Norway, Ethiopia, the US, and South America. 🏭 What this means for EMCD miners? Hashlabs' Brazil facilities now integrate with the EMCD pool — green hydro energy, ~$0.059/kWh rates, and direct connection to our infrastructure.

✔️ Stable hosting with competitive energy rates ✔️ Direct integration with EMCD Mining Pool and daily payouts ✔️ Full-service setup for B2B and institutional clients

Interested in hosting terms in Brazil? DM Jan or email j.warmus@emcd.io 🔳 Community / Website / EMCD App / Twitter / Support

📰 What happened in mining last week

EMCD Digest | August 10-16, 2026

♦️ Difficulty holds steady while hashrate eases

Difficulty remained at 127.48 T after the August 8 adjustment, while the 7-day average hashrate fell about 2.3% to roughly 911 EH/s. USD hashprice also edged down to around $31.73 per PH/s/day, keeping mining margins tight ahead of the next difficulty adjustment expected around August 23.

♦️ Riot signs a 20-year AI lease with Anthropic

Riot Platforms agreed to supply 191 MW of capacity to Anthropic under a 20-year deal worth about $9.1 billion, or up to $16.1 billion with extensions. The company also sold 4,300 BTC in Q2 and reported a $237.2 million net loss. The deal is another clear sign that large miners are increasingly turning to AI computing as a major growth driver.

♦️ Keel (ex-Bitfarms) shuts down all its US mining

Keel Infrastructure shut down all its US bitcoin mining sites to repurpose them for AI and HPC. In Q2, revenue fell about 50% to $30 million, while the company reported a $141 million net loss and sold 1,085 BTC for $75 million. The move shows another mid-sized miner shifting away from bitcoin mining toward data-center infrastructure.

♦️ Public miners shed roughly 21% of their hashrate

Public miners cut their combined hashrate from 368.3 to 319.0 EH/s — a 13.4% drop, or 21.2% excluding Bitdeer. At the same time, AI and HPC now account for 83% of Core Scientific’s revenue and 71% of TeraWulf’s. As more large miners shift toward AI, their share of Bitcoin’s hashrate continues to decline.

♦️Miner fee revenue hits a 10-year low

Transaction fees now account for just 0.69% of miner revenue — the lowest share in nearly 10 years. With almost all mining income coming from the block subsidy, profitability is increasingly sensitive to Bitcoin price and network difficulty.

Margins are tight and the AI pivot is accelerating — reliable uptime and low fees matter more than ever 👇 EMCD Mining Pool 🔳 Community / Website / EMCD App / Twitter / Support

Either way, we mine.

Market up? We mine. Market down? One dramatic chart check — then we mine.

All roads lead back to EMCD Mining Pool 🏭 Today’s mood: 🔥 — hodling ⚡️ — mining 👀 — watching from the sidelines 🔳 Community / Website / EMCD App / Twitter / Support

Bitcoin mining and AI want the same two things: cheap power and somewhere to put the racks ⚡️ 🐲 Kin Fung, Partnerships Director APAC at EMCD, is speaking at Bitcoin Asia on the panel: The Convergence of AI and Mining Infrastructure

The panel looks at what happens when mining sites and AI workloads start competing for the same grid connection — and what that means for miners, energy markets, and how sites get built from here.

♦️ August 27, 11:30 AM ♦️ Genesis Stage See you in Hong Kong 🤟 🔳 Community / Website / EMCD App / Twitter / Support

Could the AI boom push Bitcoin to $1 million? 📈 Arthur Hayes thinks it could — indirectly. His logic:

AI companies are spending heavily on chips, data centers and energy, with much of that expansion financed by debt. If AI revenues don’t grow fast enough, some borrowers may struggle to repay — putting pressure on lenders and the wider credit market. Hayes expects governments and central banks to respond with more liquidity to stabilize a strategically important sector. And when liquidity enters the system, some of it may flow into scarce assets like Bitcoin 🚀

AI debt stress → government intervention → more liquidity → higher BTC 🌝 He isn’t calling for a straight line up, though: before that cycle plays out he sees BTC holding $60,000–70,000, with a possible drop to $50,000. Do you think the AI credit cycle could become a major catalyst for Bitcoin? Drop your comments below ⤵️ 🔳 Community / Website / EMCD App / Twitter / Support

Two partnership directors walk into Bitcoin Asia… No punchline yet — come help us write one in Hong Kong. Meet the EMCD team:

🐲 Kin Fung — Partnerships Director APAC

🥸 Mikael Abgaryan — Partnerships Director EMEA/EU

We’ll be at Bitcoin Asia on August 27–28 for mining talk, new connections, and conversations that deserve more than a LinkedIn message. See you in Hong Kong ❤️ 🔳 Community / Website / EMCD App / Twitter / Support

🤟 AMA time: EMCD x Pepecoin 100% Proof-of-Work. Feels good man 🐸⛏️ We’re going live with Pepecoin to talk $PEP, merged mining, and what’s next for its mining community. What’s on the agenda:

♦️ The story behind Pepecoin — and what sets it apart  ♦️ The tech behind merged mining  ♦️ Why $PEP is interesting for miners  ♦️ Beyond the hype: what’s next for Pepecoin

⏰ August 11, 7 PM CET 📍 X Space Join us live and bring your questions 🔥 🔳 Community / Website / EMCD App / Twitter / Support

📰 What happened in mining last week EMCD Digest | August 3–9, 2026  ♦️ Bitcoin mining difficulty edges up 0.99%

At block 961,632 difficulty rose from 126.23 T to 127.48 T. It is the first increase after two consecutive drops, with network hashrate back near 950 EH/s. 

♦️ BIP-110 supporters end up on a minority chain

Just 2.53% of blocks had signaled for the data-limit proposal, so its backers split onto a separate chain when mandatory signaling began at block 961,632. That chain produced two blocks in about eight hours while the main chain ran 48 blocks ahead. 

♦️ ViaBTC shuts down ETC mining

ViaBTC stopped Ethereum Classic mining and deposits on August 4 and gave users until August 25 to manage their remaining ETC assets, meaning affected miners will need to redirect their hashrate to another pool.

♦️ CleanSpark signs a 20-year, $6.6 billion data center lease

The lease covers 175 MW of critical IT load at the company's Sandersville, Georgia campus, with deliveries starting in Q4 2027. CleanSpark also mined 586 BTC in July at an average 38.6 EH/s. 

♦️ Bitdeer signs a $4.7 billion AI/HPC lease in Norway

The 16-year agreement covers 121 IT MW at the Tydal campus and could reach $8 billion with an extension. Long-term AI contracts are becoming a second revenue line for miners with power and data-center capacity. 

♦️ MARA's Q2 revenue falls 27% 

Revenue came in at $174.9 million with a $611.3 million net loss, even as energized hashrate rose 22% to 70.3 EH/s. The company also cut its bitcoin treasury by 29% to 35,577 BTC, a reminder of how quickly a weaker BTC price compresses mining margins.  See you next week with another mining roundup.

🔳 Community / Website / EMCD App / Twitter / Support