Theminermag Bitcoin Mining Update – July/August 2025
Bitcoin’s network is closing in on the historic 1 ZH/s milestone, but the story beneath the headline is one of...
Mining
HIVE to Provide GPU Backbone for Canada’s Sovereign AI Cloud
BUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada...
Compass Mining Energizes Texas Bitcoin Mining Facility
Compass Mining has fully energized a ten-megawatt bitcoin mining facility in Texas, developed in partnership with ONMINE, to advance its...
Hashrate Rebounds to 966 EH/s, Edging Within Striking Distance of a New Peak
As bitcoin holds around $116,000 mark, the network’s hashrate is steadily pushing its way back toward record-breaking territory. Despite Revenue...
Block Targets Mining Decentralization With Air-Cooled Proto Rig Delivering up to 819 TH/s
This week, Block, Inc. (NYSE: XYZ) launched Proto Rig, a modular bitcoin mining system designed for durability, and Proto Fleet,...
Hive Posts $45.6M in Total Revenue, Fueled by Bitcoin Mining Boom
Hive Digital Technologies reported its strongest quarterly performance to date for the first quarter of fiscal year 2026, ending June...
Rumble Mulls €1B Northern Data Takeover as Peak Mining Set for $235M Sale
Rumble Inc. (Nasdaq: RUM), the $2 billion video-sharing and cloud services provider, said it is exploring an all-stock acquisition of...
Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down
Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining...
Soluna’s Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment
Galaxy Digital will deploy 48 megawatts (MW) of its bitcoin mining equipment at Soluna Holdings’ Project Kati 1 site in...
Bitcoin Hashrate Cools After Record as Difficulty Bites
Four days ago, Bitcoin’s hashrate hit an all-time high of 976 exahash per second (EH/s), but it has since cooled,...
Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million
Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires...
Bitcoin Miner Cleanspark Posts Record $257M Profit, Faces $185M Tariff Dispute
In Q2 of 2025, U.S. bitcoin miner Cleanspark reported a revenue of $198.6 million, marking a 90% increase from $104.1...
Bitcoin’s Difficulty Smashes Records, Making Rewards Tougher Than Ever
The latest figures reveal Bitcoin’s difficulty rating notched its 11th increase of the year, rising 1.42% on Friday evening and...
Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even...
Bitcoin’s Hashrate Blasts to 970 EH/s as Mining Power Hits Insane New Record
On Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second...
GPU, CPU, "Ai", ASICs… what's making money?
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MARA, Riot Diverge on Bitcoin Mining Financing in Q2
Two of the largest U.S. Bitcoin mining giants took contrasting approaches to capital raising in Q2, with MARA ramping up...
Decoding WhiteFiber’s IPO: Bit Digital’s AI Infrastructure Arm Steps Into the Spotlight
WhiteFiber, Bit Digital’s (BTBT) HPC/AI subsidiary, just launched its IPO under WYFI. I dug into the filings to break down...
Trump-Backed American Bitcoin Nears Public Listing as Gryphon Sets Merger Vote Schedule
American Bitcoin Corporation (ABC), the Trump family-backed Bitcoin mining firm, is nearing completion of its backdoor merger with Gryphon Digital...
Time to face the facts…
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Mining Crunch? Bitcoin Hashrate Slides Below 900 EH/s
Eight days ago, the network hit a peak of 943 exahash per second (EH/s). Since that high point on July...
Block Hunt Intensifies as Bitcoin Difficulty Climbs 1.07%
Based on the most recent figures, the Bitcoin network just nudged its difficulty up by 1.07% on July 25, making...
