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4 Mar 2026, 07:36

American Bitcoin Corp. Ramps Up Mining While Rivals Pivot to AI Data Centers

American Bitcoin Corp. acquires over 11,000 new mining devices, increasing its hash rate and capacity. Continue Reading: American Bitcoin Corp. Ramps Up Mining While Rivals Pivot to AI Data Centers The post American Bitcoin Corp. Ramps Up Mining While Rivals Pivot to AI Data Centers appeared first on COINTURK NEWS .

4 Mar 2026, 07:00

Another Bitcoin Miner Shifts To AI: Core Scientific Offloads 1,900 BTC

Core Scientific is the latest in the line of Bitcoin miners accelerating a pivot toward AI, selling 1,900 BTC and signaling that more is coming. Core Scientific Expects To Sell All Of Its Bitcoin Holdings In Q1 2026 Core Scientific has filed its annual report with the US Securities and Exchange Commission (SEC) and it reveals key insights about the direction that the company is taking right now. Originally a Bitcoin mining-focused firm, Core Scientific is among the largest public miners in the world, but recently, the firm has been making a push into the AI compute business. At the end of 2024, the company had a total computing power or “ Hashrate ” amounting to 20.1 exahashes per second (EH/s). The 2025 annual report suggests that this metric has dropped to 17.9 EH/s as the AI expansion has occurred. Not just that, the report also noted that Core Scientific expects to monetize substantially all of its Bitcoin holdings during 2026, with the majority of sales occurring within the first quarter. This selling has already begun, as the firm announced in its Q4 2025 earnings call that it sold over 1,900 BTC for $175 million in January. Before the sale, the firm held 2,537 BTC, but now, that figure has dropped to just 630 BTC. Considering the SEC filing, Core Scientific plans to eventually part with these remaining tokens as well. So, where are the funds from the BTC sales going? Not mining, it seems. The company noted in the filing: Aside from the miners received in 2025 and those expected from Block, we do not anticipate entering into new large-scale bitcoin mining equipment procurement agreements as we continue to shift capital allocation toward HDC infrastructure While Core Scientific has pulled back on its Hashrate over the course of 2025, the firm remains among the top 10 public BTC miners, according to data from BitcoinMiningStock . With expansions stopping in favor of the AI pivot, though, it only remains to be seen how long the company will maintain relevance as a miner. A push into the High-Performance Computing (HPC) business is actually something that’s being witnessed across the Bitcoin mining industry at the moment. Bitdeer, Cango, and Bitfarms, placed first, fifth, and tenth on the top 10 list, respectively, are all making a pivot to datacenters. Bitfarms, in particular, plans to wind down its mining facilities over the course of 2026 and 2027, signaling a complete exit from the space. Ben Gagnon, the firm’s CEO, believes the pivot to be highly lucrative, explaining: Despite being less than 1% of our total developable portfolio, we believe that the conversion of just our Washington site to GPU-as-a-Service could potentially produce more net operating income than we have ever generated with Bitcoin mining. BTC Price At the time of writing, Bitcoin is trading around $68,200, up more than 6% over the past week.

4 Mar 2026, 04:00

Volatility Without Reward: Why Bitcoin’s MVRV Signals A High-Risk, Zero-Return Regime

Bitcoin is navigating heightened uncertainty as escalating conflicts in the Middle East inject fresh volatility into global markets. Price action has become increasingly reactive to geopolitical headlines, while broader liquidity conditions remain fragile. In this environment, directional conviction has weakened, and risk appetite appears constrained. Recent analysis from Axel Adler highlights the deterioration in Bitcoin’s risk-adjusted performance profile. The Sharpe Ratio — measured over both 365-day and 180-day rolling windows — has moved decisively into negative territory. As of March 1, 2026, the 365-day Sharpe stands at -63, while the faster 180-day version has plunged to -287. Although the metric is scaled for regime analysis rather than interpreted as a classical Sharpe value, the implication is clear: over the past six to twelve months, volatility has not been compensated by returns. This shift began in January and accelerated through February’s price pressure. Notably, the fast Sharpe reading is approaching levels seen near the 2022 cycle low, while the slower measure remains less extreme but firmly negative. Complementing this signal, the MVRV Z-Score sits at 0.49 — below its historical mean but not at capitulation extremes. Bitcoin MVRV Signals Neutral Valuation, Not Capitulation The report further contextualizes Bitcoin’s positioning through the MVRV Z-Score with Standard Deviation bands. As of early March 2026, the Z-Score stands at 0.49 — below both its 365-day moving average (1.89) and historical mean (1.73), yet comfortably above the negative territory historically associated with capitulation. Structurally, this places Bitcoin in a neutral valuation regime. The MVRV Z-Score measures the deviation between market capitalization and realized capitalization, effectively comparing spot price to the aggregate cost basis of holders. Historically, readings above +1 standard deviation (around 3.55) have signaled overheating, while negative readings — when price trades below average holder cost — have marked major accumulation zones in 2019, 2020, and 2023. The current 0.49 reading indicates neither excess profit-taking pressure nor deep undervaluation. This distinction is critical. The absence of overheating reduces the probability of an abrupt collapse driven by profit overhang. However, neutrality does not equate to opportunity. Historically strong buy signals emerged when MVRV moved decisively negative, not merely when it cooled toward 0.5. Combined with the negative Sharpe Ratio regime, the message converges: risk-adjusted returns are unattractive, and valuation is neutral but not historically cheap. This is a transitional phase requiring a clear catalyst to define direction. BTC Consolidates Below Key Moving Averages as Structure Remains Fragile On the 3-day timeframe, Bitcoin remains structurally pressured following the breakdown from the $90,000–$95,000 distribution range. The chart shows a decisive rejection near the 200-period moving average (red), which had previously acted as dynamic support throughout much of the 2024–2025 uptrend. Once lost, price accelerated lower, confirming a transition from trend continuation to corrective structure. Currently trading near $67,000, BTC is consolidating below the 100-period (green) and 50-period (blue) moving averages. Both shorter-term averages are curling downward, reflecting deteriorating momentum. The recent rebound from the $60,000–$62,000 region appears corrective rather than impulsive, lacking strong volume expansion relative to the breakdown phase. This suggests short-covering and tactical positioning rather than broad structural accumulation. Importantly, the $60,000 zone now represents key horizontal support. It coincides with a prior consolidation area and marks the lower boundary of the current range. A sustained loss of this level would likely expose the $52,000–$55,000 region as the next high-liquidity demand zone. For bulls to regain structural control, price would need to reclaim and hold above the 100-period average and reestablish higher highs on expanding volume. Until then, the dominant regime remains corrective, with volatility compressing inside a fragile recovery attempt. Featured image from ChatGPT, chart from TradingView.com

4 Mar 2026, 02:20

Paraguay Bitcoin Mining Launch: Government’s Groundbreaking Initiative Uses Confiscated Rigs and Clean Energy

BitcoinWorld Paraguay Bitcoin Mining Launch: Government’s Groundbreaking Initiative Uses Confiscated Rigs and Clean Energy In a landmark move for cryptocurrency adoption, Paraguay’s National Power Administration (ANDE) has officially launched the nation’s first state-led Bitcoin mining operation. This pioneering initiative, announced in Asunción, Paraguay, in early 2025, uniquely utilizes confiscated mining hardware and the country’s vast surplus of hydroelectric power, potentially setting a new global standard for public-sector involvement in digital asset infrastructure. Paraguay Bitcoin Mining Project: A Detailed Breakdown The core of this initiative is a formal memorandum of understanding between ANDE and the crypto infrastructure firm Morphware. According to reports from Bitcoin Magazine, the pilot phase will immediately deploy approximately 1,500 Application-Specific Integrated Circuit (ASIC) miners. Crucially, these machines were previously confiscated by Paraguayan authorities from unauthorized or illegal mining operations. The project will leverage ANDE’s direct access to the nation’s immense hydroelectric capacity, primarily from the Itaipu and Yacyretá binational dams. This strategic alignment aims to monetize excess energy that is otherwise difficult to export or store, thereby creating a new revenue stream for the state-owned utility. This model presents a compelling alternative to the energy narratives often associated with Bitcoin mining. Instead of drawing power from strained grids, the operation uses a dedicated, sustainable surplus. Furthermore, the use of confiscated equipment adds a layer of regulatory enforcement and resource recovery to the project’s foundation. The initiative operates under a newly established regulatory framework designed specifically for digital asset mining, ensuring full compliance with national laws. The Strategic Hydroelectric Advantage Paraguay’s foray into Bitcoin mining is fundamentally underpinned by its unique energy profile. The nation is one of the world’s largest producers of hydroelectric power per capita. The Itaipu Dam alone, shared with Brazil, has a massive installed capacity of 14 gigawatts. Paraguay consumes only a fraction of its share of this output, traditionally selling the remainder back to Brazil. However, this export model has limitations and fixed pricing. Bitcoin mining offers a novel, on-demand buyer for this surplus energy, potentially yielding higher economic returns and providing greater control over a national resource. Hydroelectric Source Capacity (GW) Primary Use for Paraguay’s Share Itaipu Dam 14 Domestic use & export to Brazil Yacyretá Dam 3.1 Domestic use & export to Argentina The project’s location near these power sources minimizes transmission losses, a key efficiency factor. This direct access to low-cost, renewable energy provides a significant competitive edge in the global mining landscape, where operational costs are paramount. The table above outlines the two primary hydroelectric sources fueling this endeavor. Expert Analysis on Economic and Regulatory Impact Energy economists and cryptocurrency analysts view this project as a significant test case. “This is a pragmatic approach to asset recovery and energy economics,” notes Dr. Elena Vargas, a Latin American energy policy researcher. “Paraguay is converting a regulatory challenge—confiscated hardware—and an economic constraint—difficult-to-export surplus energy—into a potential state revenue generator. It’s a fascinating example of circular economics in the digital age.” The regulatory framework established for this project is particularly noteworthy. It requires: Full energy sourcing transparency to ensure use of verified surplus. Grid stability guarantees to prevent impact on domestic consumers. Regular audits of mining operations and financial flows. Environmental impact reporting related to electronic waste and site management. This structured approach aims to preempt criticisms often leveled at mining operations elsewhere. By leading with regulation, Paraguay seeks to establish itself as a stable and compliant jurisdiction for future digital infrastructure investments. Global Context and Comparative Models Paraguay’s model differs markedly from other state-involved crypto mining ventures. Unlike El Salvador’s nationwide Bitcoin adoption as legal tender, Paraguay’s approach is focused squarely on energy monetization and infrastructure. Conversely, it contrasts with the outright bans seen in China in 2021 or the restrictive policies in some European nations. The closest analogues might be certain municipal projects in Canada or the United States where public utilities have experimented with mining to stabilize demand, but the scale and direct state-ownership angle in Paraguay are unique. The success of this pilot could influence other hydroelectric-rich nations like Uruguay, Nepal, or Laos. These countries face similar challenges in utilizing seasonal or contractual energy surpluses. A profitable model in Paraguay may provide a viable template, shifting the global geography of mining towards regions with abundant, stranded renewable resources. Furthermore, it demonstrates a path for governments to engage with cryptocurrency not just as a financial instrument, but as an industrial consumer of energy. Potential Challenges and Future Roadmap Despite its promising framework, the project faces several hurdles. The volatility of Bitcoin’s price directly impacts profitability. Additionally, the technological lifecycle of the confiscated ASIC miners must be managed; older hardware becomes inefficient quickly. ANDE and Morphware will need a clear plan for hardware refresh cycles using project revenues. There is also the logistical challenge of securing and maintaining mining facilities, though partnering with an experienced firm like Morphware mitigates this risk. The pilot’s stated goals are to validate the technical and economic model over the next 12-18 months. Success metrics will include net revenue generated for ANDE, the stability of the local grid, and the environmental footprint of the operation. Positive results could lead to a significant scale-up, potentially involving thousands more miners and dedicated infrastructure investments. This could position Paraguay not just as a miner, but as a potential hub for other energy-intensive digital industries like data centers or AI compute. Conclusion Paraguay’s government-led Bitcoin mining initiative represents a novel convergence of energy policy, regulatory strategy, and digital asset infrastructure. By utilizing confiscated mining rigs and vast hydroelectric surpluses, the National Power Administration (ANDE) is pioneering a model that turns challenges into economic opportunities. This project will be closely watched as a real-world experiment in state-level cryptocurrency engagement. Its outcomes could influence how resource-rich nations interact with the digital economy, potentially reshaping the global landscape for sustainable Bitcoin mining and setting a precedent for compliant, revenue-generating public-sector crypto projects. FAQs Q1: Why is Paraguay’s government getting involved in Bitcoin mining? ANDE is launching this project primarily to monetize the country’s large surplus of hydroelectric power, which is difficult to export profitably. It also aims to create a regulated framework for crypto activity and generate new revenue from confiscated assets. Q2: Where does the electricity for this Paraguay Bitcoin mining come from? The mining operation is powered almost exclusively by Paraguay’s share of hydroelectric power from the massive Itaipu and Yacyretá dams, ensuring a renewable and abundant energy source. Q3: What happens to the Bitcoin mined by this government project? While full treasury details are still emerging, reports indicate mined Bitcoin will likely be held as a state asset by ANDE or the national treasury, potentially used to fund infrastructure or stabilize energy tariffs. Q4: How does using confiscated miners benefit the project? Using previously seized hardware reduces the initial capital expenditure for the state, provides a productive use for confiscated equipment, and symbolizes a shift from enforcement to utility in regulatory policy. Q5: Could this pilot project lead to more crypto industry growth in Paraguay? Yes, analysts suggest a successful, regulated mining operation could make Paraguay an attractive destination for other digital asset businesses seeking stable, clean energy and clear regulatory guidelines, fostering broader industry growth. This post Paraguay Bitcoin Mining Launch: Government’s Groundbreaking Initiative Uses Confiscated Rigs and Clean Energy first appeared on BitcoinWorld .

3 Mar 2026, 23:25

MARA Holdings Bitcoin Strategy: Defiant Denial of Massive Sell-Off Rumors

BitcoinWorld MARA Holdings Bitcoin Strategy: Defiant Denial of Massive Sell-Off Rumors In a significant development for cryptocurrency markets, MARA Holdings has issued a firm denial regarding widespread rumors about a large-scale Bitcoin sell-off from its substantial treasury. The Bitcoin mining company, formerly known as Marathon Digital, currently safeguards 53,822 BTC, making its treasury management decisions critically important for market stability. This clarification emerged directly from company leadership following concerning speculation within investment communities. MARA Holdings Bitcoin Treasury Strategy Clarification Robert Samuels, Vice President of Investor Relations at MARA Holdings, provided explicit clarification about the company’s Bitcoin approach. According to his statements, the core philosophy governing their substantial cryptocurrency holdings remains unchanged. The company recently filed a 10-K report containing language about expanding strategic options. This language specifically mentioned potential Bitcoin sales from the corporate balance sheet. However, Samuels emphasized this represents strategic flexibility rather than a predetermined selling plan. The company seeks operational discretion to respond to market conditions effectively. Furthermore, this approach aligns with capital allocation priorities that evolve with business requirements. Many publicly traded Bitcoin holders maintain similar strategic flexibility without implementing immediate sales. Bitcoin Mining Industry Context and Precedents The cryptocurrency mining sector has experienced substantial evolution since Bitcoin’s creation. Mining companies now manage complex treasury strategies balancing operational costs, expansion plans, and shareholder returns. Several industry leaders have established clear frameworks for managing Bitcoin reserves. These frameworks typically include holding periods, strategic accumulation phases, and controlled distribution mechanisms. For context, consider these comparative treasury statistics from major mining firms: Mining Company BTC Holdings Treasury Strategy MARA Holdings 53,822 BTC Strategic holding with discretionary trading options Riot Platforms Approximately 9,000 BTC Regular accumulation with limited sales Hut 8 Mining Approximately 9,200 BTC Long-term holding strategy Market analysts consistently monitor these holdings because large transactions can influence Bitcoin’s price dynamics. Consequently, rumors about significant sales often generate immediate market reactions. Verified information from official sources therefore carries substantial importance for investors and traders. Expert Analysis of Mining Company Treasury Management Financial experts specializing in cryptocurrency corporations note that treasury management represents a complex balancing act. Mining companies must fund expensive operations involving energy consumption, hardware acquisition, and facility maintenance. These operational requirements sometimes necessitate converting portions of Bitcoin reserves into traditional currency. Industry analysts emphasize that strategic flexibility provides crucial advantages. Companies can capitalize on favorable market conditions when opportunities arise. Additionally, they can maintain liquidity during challenging periods without compromising long-term positions. This approach differs fundamentally from panic selling or systematic liquidation of assets. Several key factors influence these corporate decisions: Market liquidity requirements for operational expansion Bitcoin price volatility and timing considerations Shareholder expectations regarding risk management Regulatory developments affecting corporate cryptocurrency holdings Competitive positioning within the mining industry Historical Perspective on Mining Company Sales The cryptocurrency industry has witnessed multiple cycles where mining companies adjusted their Bitcoin strategies. During the 2022 market downturn, several firms sold portions of their holdings to strengthen balance sheets. These sales typically represented strategic responses to specific challenges rather than abandonment of Bitcoin accumulation. MARA Holdings itself has demonstrated consistent commitment to Bitcoin throughout its corporate history. The company transitioned from traditional patent aggregation to Bitcoin mining specialization. This strategic pivot reflected confidence in cryptocurrency’s long-term value proposition. Their accumulation of over 53,000 BTC resulted from sustained mining operations and strategic acquisitions. Market observers recall that similar rumors have occasionally circulated about other major holders. These rumors often originate from misinterpreted regulatory filings or speculative trading discussions. Official clarifications from company representatives typically resolve such speculation within days. The market generally responds positively to transparent communication from corporate Bitcoin holders. Regulatory Environment and Disclosure Requirements Publicly traded companies like MARA Holdings operate under strict securities regulations. These regulations mandate comprehensive disclosure of material information affecting investment decisions. The 10-K report referenced in recent discussions represents a standard annual filing requirement. Companies must disclose potential risks and strategic considerations within these documents. The language about Bitcoin sales reflects regulatory compliance rather than imminent action. Corporate attorneys typically recommend including such disclosures to maintain regulatory compliance. This practice protects companies from allegations of withholding material information from investors. Consequently, experienced analysts interpret these disclosures within their proper regulatory context. Several regulatory developments have increased scrutiny on corporate cryptocurrency holdings: Enhanced disclosure requirements from securities regulators Accounting standards for cryptocurrency valuation Tax implications of corporate digital asset transactions Environmental considerations for mining operations Impact on Bitcoin Market Dynamics Large corporate holdings significantly influence Bitcoin’s market structure. The concentration of substantial BTC amounts within corporate treasuries creates both stability considerations and potential liquidity events. Market analysts monitor these holdings because coordinated sales could temporarily affect prices. However, most corporate holders implement gradual selling strategies when they execute transactions. Bitcoin’s market capitalization now exceeds traditional corporate valuation metrics for many companies. This development creates interesting dynamics where corporate treasuries contain assets rivaling their market capitalization. Financial theorists continue debating optimal strategies for managing such substantial cryptocurrency positions. Most consensus suggests balanced approaches combining long-term holding with strategic rebalancing. Conclusion MARA Holdings has definitively denied rumors about a large-scale Bitcoin sell-off from its substantial treasury. The company maintains strategic flexibility while preserving its core commitment to Bitcoin accumulation. This clarification provides important market transparency regarding one of the largest corporate Bitcoin holdings. The MARA Holdings Bitcoin strategy exemplifies how sophisticated market participants manage digital asset treasuries. Investors should monitor official communications rather than speculative rumors when evaluating corporate cryptocurrency positions. FAQs Q1: How much Bitcoin does MARA Holdings currently possess? MARA Holdings currently holds 53,822 Bitcoin in its corporate treasury, accumulated through mining operations and strategic decisions. Q2: Why did rumors about a Bitcoin sell-off begin circulating? Rumors originated from language in the company’s 10-K regulatory filing mentioning potential Bitcoin sales, which some investors misinterpreted as an imminent selling plan. Q3: What is the company’s actual position regarding Bitcoin sales? MARA Holdings maintains strategic flexibility to sell Bitcoin if market conditions or capital allocation priorities warrant such action, but has no unconditional plan for large-scale selling. Q4: How does MARA Holdings’ Bitcoin strategy compare to other mining companies? Most major mining companies maintain similar strategic flexibility, balancing long-term holding with the option to sell portions of holdings for operational needs or strategic advantage. Q5: What impact could corporate Bitcoin sales have on the market? Large coordinated sales from major holders could temporarily affect Bitcoin prices, but most companies implement gradual selling strategies to minimize market disruption when they execute transactions. This post MARA Holdings Bitcoin Strategy: Defiant Denial of Massive Sell-Off Rumors first appeared on BitcoinWorld .

3 Mar 2026, 22:42

Core Scientific Sells Off Bitcoin to Pivot Toward Artificial Intelligence Infrastructure

Core Scientific is selling most of its Bitcoin holdings to fund a pivot to AI infrastructure. Other crypto mining firms are similarly diversifying revenue beyond Bitcoin accumulation. Continue Reading: Core Scientific Sells Off Bitcoin to Pivot Toward Artificial Intelligence Infrastructure The post Core Scientific Sells Off Bitcoin to Pivot Toward Artificial Intelligence Infrastructure appeared first on COINTURK NEWS .