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Techub News reported that the police in Perak, Malaysia discovered a site suspected of conducting Bitcoin mining through illegal electricity connection in Seri Iskandar, and detained two local men to assist in the investigation. In a joint operation with the national energy company (TNB), the police seized 30 Bitcoin mining machines, one router, one network switch, and a roll of electrical wires at the scene. The case is currently being investigated under Section 427 of the Penal Code and Section 37(1) of the Electricity Supply Act 1990. (Wu Blockchain)
Techub News, according to a PRNewswire announcement, the Trump family-backed Bitcoin mining company American Bitcoin announced the purchase of 11,298 ASIC miners. Upon delivery, the total number of miners will reach 89,242, increasing the total hashrate by approximately 12% to 28.1 EH/s. The new miners are expected to be delivered and deployed at the Drumheller site in March 2026. The company stated that this expansion aims to further enhance production efficiency and market competitiveness.
Techub News, Bitcoin mining company Cango has released its Bitcoin production and mining operations announcement for January 2026. The company produced 496.35 Bitcoins in January, a decrease from 569 in December, with the average daily output dropping from 18.35 to 16.01. The company stated that extreme cold and snowstorms in North America caused operational downtime, reducing its average operating hash rate from 43.36 EH/s to 37.02 EH/s, while the deployed hash rate remained at 50 EH/s. In January, Cango sold 550.03 Bitcoins and held 7,474.6 BTC by the end of the month. Cango CEO Paul Yu said that favorable network difficulty adjustments partially offset these challenges, and the company will selectively sell some newly mined Bitcoin to support the expansion of its inference platform and other near-term growth plans.
Techub News reports that Bitcoin mining pool F2pool tweeted that when the price of Bitcoin fell to $75,000, mining equipment with a unit power consumption of 23.3 W/T reached the shutdown price (break-even point).
Techub News reported that Delin Holdings voted on the special authorization issuance arrangement related to the acquisition of Bitcoin mining machines. The resolution was passed with 670,409,478 votes in favor (99.97%) and 235,000 votes against (0.03%). The content includes the issuance of convertible bonds, warrants, and the allotment of conversion shares, warrant shares, and profit shares, among others.
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