News
3 Mar 2026, 09:48
Riot reports record $647M revenue in 2025 as other Bitcoin miners struggle

Riot Platforms posted record 2025 revenue of $647 million, driven by $576 million in Bitcoin mining revenue, while holding 18,005 BTC worth $1.6 billion.
3 Mar 2026, 09:32
Core Scientific Boosts Hosting Revenue While Mining Income Slips in Q4 2025

Core Scientific’s colocation revenues soared, but total quarterly revenue missed analyst expectations. Self-mined Bitcoin earnings declined sharply due to falling production volumes and market volatility. Continue Reading: Core Scientific Boosts Hosting Revenue While Mining Income Slips in Q4 2025 The post Core Scientific Boosts Hosting Revenue While Mining Income Slips in Q4 2025 appeared first on COINTURK NEWS .
3 Mar 2026, 08:55
Bitcoin Supply Milestone: The Historic Journey to 20 Million BTC Mined Reveals Scarcity’s Power

BitcoinWorld Bitcoin Supply Milestone: The Historic Journey to 20 Million BTC Mined Reveals Scarcity’s Power GLOBAL, April 2025 – The Bitcoin network stands on the precipice of a historic supply milestone, with the total number of Bitcoin mined rapidly approaching 20 million. According to data from CoinDesk, the current count of 19,996,979 BTC means this symbolic threshold, representing 95% of the absolute maximum supply, will likely be crossed within the week. This event underscores the accelerating journey toward the protocol’s ultimate scarcity, fundamentally reshaping the economic narrative around the world’s first cryptocurrency. The Bitcoin Supply Journey: From Genesis to 20 Million Bitcoin’s issuance schedule, encoded by its pseudonymous creator Satoshi Nakamoto, follows a predictable and transparent model. The network releases new BTC as a reward to miners who successfully validate transaction blocks. Consequently, this process, known as mining, has proceeded at a controlled pace since the Genesis Block in 2009. The upcoming 20 million mark highlights the effectiveness of this decentralized monetary policy. Furthermore, it provides a tangible checkpoint to analyze the asset’s evolution from a cryptographic experiment to a globally recognized store of value. Reaching 20 million BTC mined leaves exactly one million coins remaining for future issuance. However, due to the programmed ‘halving’ events, the mining of these final coins will span approximately a century. The table below illustrates the decelerating pace of new supply entering the market. Bitcoin Supply Issuance Timeline Phase Coins Mined Timeframe Annual Issuance Rate* Initial Mining (2009-2025) ~20,000,000 BTC ~16 years ~1.25 million BTC/year Final Million (2025-2125+) ~1,000,000 BTC ~100 years *Average rate; actual issuance decreases sharply every 210,000 blocks (halving). Understanding the Scarcity Mechanism and Halving Events The core driver behind Bitcoin’s controlled supply is the halving mechanism. Approximately every four years, the block reward granted to miners is cut in half. This event directly reduces the rate of new Bitcoin supply creation. The most recent halving in 2024 dropped the reward from 6.25 BTC to 3.125 BTC per block. Therefore, the inflation rate of the Bitcoin network continues to fall, eventually approaching zero. This predictable scarcity is a primary feature that differentiates Bitcoin from traditional fiat currencies, which central banks can issue without a pre-set limit. Fixed Cap: The maximum supply is irrevocably set at 21 million coins. Decelerating Issuance: Halvings ensure new supply enters the market more slowly over time. Mining Incentives: Post-issuance, network security will rely solely on transaction fees. Economic Implications of the 95% Milestone Crossing the 95% mined threshold carries significant symbolic and practical weight for market participants. Analysts often compare Bitcoin’s properties to scarce commodities like gold, a narrative strengthened by its verifiable and diminishing new supply. As noted by several blockchain analytics firms, a substantial percentage of the mined supply remains inactive in long-term storage, effectively reducing the liquid circulating supply further. This combination of programmed scarcity and holder behavior creates a unique economic dynamic. Market observers also point to the psychological impact. Reaching 20 million makes the remaining one million coins appear exceptionally rare. Consequently, each future halving event will have a proportionally greater impact on the percentage of new supply reduction. This mathematical reality focuses attention on the long-term security model and the transition to a fee-driven mining economy over the next century. The Final Century: Mining the Last Million Bitcoin The journey to mine the final million Bitcoin will be a marathon, not a sprint. Based on the current protocol rules, the last satoshi (the smallest Bitcoin unit) is projected to be mined around the year 2140. During this extended period, the annual issuance rate will drop below that of gold. This gradual deceleration allows the network and its participants decades to adapt. Miners, for instance, must gradually shift their revenue expectations from block rewards to transaction fees. This long-tail issuance also mitigates potential shocks to the mining industry. Network security, measured by hash rate, remains robust because miners have a clear, multi-decade timeline to adjust their operations. Additionally, the predictable schedule allows investors and institutions to model supply dynamics with a high degree of certainty, a feature rarely found in other asset classes. Expert Perspectives on Network Security and Value Industry experts emphasize that Bitcoin’s value proposition is intrinsically linked to its predictable supply. “The approach to 20 million mined is a live demonstration of the protocol working as designed,” states a veteran cryptocurrency economist. “It validates the credibility of its scarcity promise in real-time.” Security researchers further highlight that the diminishing block reward increases the critical importance of transaction fee revenue for maintaining network security in the later stages of issuance, a challenge the protocol was designed to meet through increased adoption and usage. Conclusion The imminent arrival of 20 million Bitcoin mined is a landmark event that reinforces the core tenets of the protocol: transparency, predictability, and engineered scarcity. As 95% of the total supply enters circulation, the focus intensifies on the final, slowly minted million and the long-term economic model they represent. This milestone serves not as an endpoint, but as a significant waypoint in Bitcoin’s century-long journey toward its fixed supply limit, continually testing and proving its unique value proposition in the global financial landscape. FAQs Q1: What happens when all 21 million Bitcoin are mined? A1: Once all 21 million BTC are mined, no new coins will be created. Miners will then be incentivized to secure the network solely through transaction fees paid by users, which is the long-term security model envisioned in the Bitcoin whitepaper. Q2: How many Bitcoin are lost forever? A2: Estimates vary, but chain analysis suggests several million Bitcoin are likely lost due to lost private keys, forgotten wallets, or inaccessible funds. This effectively reduces the circulating supply below the mined amount, increasing scarcity. Q3: Does reaching 20 million mined affect the Bitcoin price? A3: The event itself is a known, predictable data point, so markets likely anticipate it. However, it reinforces the scarcity narrative, which is a fundamental factor in long-term valuation models. Direct short-term price impact is not guaranteed. Q4: What is a Bitcoin halving, and when is the next one? A4: A halving is a pre-programmed event that cuts the block reward for miners in half, reducing the rate of new Bitcoin issuance. It occurs every 210,000 blocks (roughly four years). The next halving is projected for 2028. Q5: Can the 21 million Bitcoin cap ever be changed? A5: Changing the supply cap would require a consensus upgrade to the Bitcoin protocol, which is exceedingly difficult to achieve. It would need near-universal agreement from users, miners, developers, and node operators, making such a change highly improbable as it would undermine a core value proposition. This post Bitcoin Supply Milestone: The Historic Journey to 20 Million BTC Mined Reveals Scarcity’s Power first appeared on BitcoinWorld .
3 Mar 2026, 08:32
Riot Platforms Drives Revenue Higher With Bitcoin Mining and AI-Focused Expansion

Riot Platforms grew revenue by 72% in 2025, thanks to mining and new data center ventures. Rising costs and crypto volatility have squeezed profit margins despite higher production rates. Continue Reading: Riot Platforms Drives Revenue Higher With Bitcoin Mining and AI-Focused Expansion The post Riot Platforms Drives Revenue Higher With Bitcoin Mining and AI-Focused Expansion appeared first on COINTURK NEWS .
3 Mar 2026, 08:10
Core Scientific Misses Q4 Earnings: BTC and AI Impact

Core Scientific missed expectations in Q4, revenues fell 16%, crypto mining halved. BTC in downtrend at 68k, AI transition offers hope. CORZ shares lost 2.8% value. Technical levels: S1 64k strong ...
3 Mar 2026, 07:55
Core Scientific Bitcoin Sale: A Strategic Pivot to Fuel Its Ambitious AI Compute Expansion

BitcoinWorld Core Scientific Bitcoin Sale: A Strategic Pivot to Fuel Its Ambitious AI Compute Expansion In a significant strategic announcement with potential ripple effects across cryptocurrency and technology sectors, publicly-traded mining firm Core Scientific (CORZ) revealed plans to liquidate the majority of its substantial Bitcoin treasury during the first quarter of 2025. The company, which held 2,537 BTC as of December 31, 2024, intends to use the proceeds to secure liquidity and aggressively fund the expansion of its burgeoning artificial intelligence compute colocation business. This pivotal move, detailed in the firm’s annual report and first reported by industry publication The Energy Mag, signals a calculated reallocation of capital from digital asset accumulation to high-performance computing infrastructure. Core Scientific Bitcoin Sale: Decoding the Strategic Rationale Core Scientific’s decision to sell a majority of its 2,500+ Bitcoin holdings is not an isolated event. Instead, it represents a deliberate corporate strategy rooted in evolving market dynamics and long-term business planning. The primary stated objective is to generate liquidity for operational expenses and capital expenditures. Specifically, the company aims to accelerate the build-out of its AI compute colocation facilities, a sector experiencing explosive demand. This strategic pivot underscores a broader trend where cryptocurrency mining companies leverage their existing infrastructure—namely, access to abundant, reliable power and robust cooling systems—to diversify into high-performance computing (HPC) and AI services. Furthermore, the company explicitly noted that the final timing and scale of the Bitcoin sale remain fluid. These factors will depend directly on prevailing market conditions and the firm’s precise liquidity requirements. This conditional approach demonstrates a prudent management strategy, aiming to mitigate potential negative price impact and maximize capital efficiency. As of the report’s filing, Core Scientific had not yet executed the sales, leaving the market to anticipate the potential volume and method of disposal. The Evolving Landscape of Bitcoin Mining Economics The cryptocurrency mining industry has undergone profound transformation since Bitcoin’s inception. Initially, profitability was heavily tied to Bitcoin’s price appreciation and relatively low network difficulty. However, the 2024 Bitcoin halving event, which reduced the block reward from 6.25 BTC to 3.125 BTC, permanently altered the revenue model for all miners. This supply shock necessitates greater operational efficiency and often forces strategic diversification to maintain margins and shareholder value. Core Scientific’s move mirrors actions taken by other major industry players in recent years. For instance, several mining firms have periodically sold portions of their mined Bitcoin to cover operational costs, fund debt obligations, or finance new equipment purchases. The scale of Core Scientific’s potential sale, however, is notable. Liquidating a treasury of over 2,500 BTC, valued at approximately $175 million at a hypothetical $70,000 per Bitcoin, represents a substantial capital reallocation. The table below contextualizes this holding against other known corporate Bitcoin treasuries as of late 2024. Company Reported BTC Holdings (Approx.) Primary Business MicroStrategy ~190,000 BTC Business Intelligence / Treasury Reserve Marathon Digital ~17,000 BTC Bitcoin Mining Core Scientific (Pre-Sale) ~2,537 BTC Bitcoin Mining & AI Colocation Riot Platforms ~9,100 BTC Bitcoin Mining This strategic shift highlights key pressures facing miners today: Post-Halving Economics: Reduced block rewards compress revenue, demanding higher efficiency. Energy Price Volatility: Fluctuating electricity costs directly impact profitability. Regulatory Environment: Evolving global regulations create operational uncertainty. Capital Intensity: Staying competitive requires continuous investment in next-generation hardware. Expert Analysis: A Calculated Bet on AI Infrastructure Industry analysts view Core Scientific’s pivot as a logical adaptation to macroeconomic and technological trends. The demand for AI compute power is currently outstripping supply, driven by the training and inference needs of large language models (LLMs) and other generative AI applications. Data centers capable of hosting thousands of power-hungry GPU servers are in short supply. Cryptocurrency mining companies possess a unique advantage: they have already secured locations with high-power capacity, advanced cooling solutions, and established relationships with utility providers. By reallocating capital from Bitcoin—a volatile, albeit valuable, digital asset—into physical AI infrastructure, Core Scientific is converting speculative holdings into income-generating, contracted assets. AI colocation typically involves long-term contracts with cloud providers or large enterprises, providing predictable, recurring revenue. This business model can offer more stable cash flows compared to the inherently variable rewards from Bitcoin mining, which are subject to Bitcoin’s price, network difficulty, and energy costs. The move can be interpreted as a hedge against Bitcoin’s volatility while capitalizing on the secular growth trend in artificial intelligence. Potential Market Impact and Investor Considerations The planned sale of over 2,500 BTC naturally raises questions about its potential impact on the Bitcoin market. While $175 million is a significant sum, it represents a fraction of Bitcoin’s daily trading volume, which often exceeds $30 billion. Therefore, a well-managed, gradual sale over a quarter is unlikely to cause sustained downward price pressure. However, it could contribute to short-term volatility, especially if executed during periods of lower liquidity. Market participants will closely monitor the company’s quarterly filings and public statements for execution updates. For investors, this announcement requires a reassessment of Core Scientific’s investment thesis. The company is effectively transitioning from a pure-play Bitcoin miner to a hybrid infrastructure operator. Key metrics for evaluation will expand beyond hash rate and Bitcoin production to include: Megawatts (MW) of AI Capacity: The scale of power dedicated to high-performance computing. Colocation Utilization Rate: The percentage of contracted vs. available capacity. Contractual Revenue Backlog: The value and duration of signed colocation agreements. Blended Margin Profile: The profitability difference between mining and colocation operations. This strategic evolution carries both opportunity and risk. The AI colocation market offers high growth potential but is also becoming increasingly competitive, attracting investment from traditional data center operators and specialized firms. Success will depend on Core Scientific’s execution speed, ability to secure favorable power contracts, and success in landing anchor tenants for its new facilities. Conclusion Core Scientific’s plan to sell the majority of its 2,500 Bitcoin holdings in Q1 2025 marks a definitive strategic inflection point. The decision is driven by a pragmatic need for liquidity to fund a aggressive expansion into the high-growth AI compute colocation sector. This Core Scientific Bitcoin sale reflects broader industry trends where miners leverage their core competencies in energy management and large-scale infrastructure to diversify revenue streams. While the move introduces new variables for investors and requires careful monitoring of the sale’s execution, it underscores the adaptive nature of companies operating at the intersection of blockchain and advanced computing. The firm’s future will now be judged on its ability to successfully navigate two demanding technological frontiers simultaneously. FAQs Q1: How much Bitcoin does Core Scientific plan to sell? Core Scientific has announced plans to sell “the majority” of its 2,537 Bitcoin holdings as of year-end 2024. The exact number will depend on market conditions and liquidity needs during Q1 2025. Q2: Why is Core Scientific selling its Bitcoin? The primary reason is to generate capital to fund the expansion of its AI compute colocation business. The proceeds will cover related operational expenses and capital expenditures for building out high-performance computing infrastructure. Q3: Will this large Bitcoin sale crash the market? While a sale of over 2,500 BTC is significant, it is a small fraction of Bitcoin’s daily trading volume. A managed sale over a quarter is unlikely to cause a sustained market crash, though it may contribute to short-term volatility. Q4: What is AI compute colocation? AI compute colocation involves providing physical space, power, cooling, and network connectivity for companies to house their own AI servers (like GPU clusters). The colocation provider manages the facility, while the client owns and operates the hardware for tasks like model training. Q5: Does this mean Core Scientific is exiting Bitcoin mining? No, the announcement does not indicate an exit from Bitcoin mining. The company appears to be pursuing a dual-strategy model, maintaining its mining operations while diversifying into a new, complementary revenue stream through AI infrastructure. This post Core Scientific Bitcoin Sale: A Strategic Pivot to Fuel Its Ambitious AI Compute Expansion first appeared on BitcoinWorld .





































