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Crypto
Bitcoin mining profits plunge, putting $60,000 support under test
Bitcoin mining profitability has fallen to a record low, fueling market unease over whether bitcoin can hold the $60,000 support level. As the price slipped toward $62,000, on-chain activity cooled and miner revenue sank. Miners and pools still hold more than $110 billion worth of bitcoin, raising concerns about potential selling. Industry concentration has increased, while some miners shift power infrastructure toward AI computing.
Crypto
Foundry to launch Zcash mining pool for institutions
Digital asset infrastructure firm Foundry will launch a Zcash mining pool in April 2026, Cointelegraph reported on Tuesday. The pool will target institutions and listed mining companies and operate from the United States using the same infrastructure as Foundry USA Pool. Foundry plans to add reporting tools and a payout system. A Foundry spokesperson said financial privacy and regulatory compliance can coexist.
Crypto
Bitcoin mines 20 millionth coin; more than a century to issue remaining 1 million
Bitcoin has surpassed 20 million BTC mined, a blockchain outlet reported. Blockchain records show the milestone was reached at block height 939,999 and mined by Foundry USA, putting issuance above 95% of the 21 million cap. Coinbase CEO Brian Armstrong said the remaining 1 million would take more than a century to issue. With rewards halving over time, supply growth is slowing and miners are expected to rely only on transaction fees after 2140.
