[today 7:30 AM] Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). Hut 8 Joint Venture Entity Wins IESO Auction The energy…
[yesterday 7:00 PM] Bitcoin Magazine Bitcoin Mining Has Huge Role In Energy Production Expansion The explosive growth of artificial intelligence, cloud computing, and digital finance has transformed electric industry operations. Forward-thinking miners and…
[Jun 30 10:30 AM] Bitcoin’s hashprice has surged to its highest level since early February, rising above $58.5/PH/s following a 7.4% decline in network difficulty—the steepest drop since the aftermath of China’s 2021 mining ban. This article is from Theminermag, a…
[Jun 28 10:30 PM] Bitcoin miners are earning the least they have in a year, yet most still largely refuse to part with their coins, according to a new report from Cryptoquant researchers. Cryptoquant Report Signals Resilience in Bitcoin Mining Sector Despite Lower…
[Jun 28 6:45 AM] Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha, pushing its total installed hashrate to 50 EH/s. This article is from Theminermag, a trade…
[Jun 26 7:30 PM] Nasdaq-listed cryptocurrency firm Bit Digital, Inc. (BTBT) announced Wednesday it will fully transition from bitcoin mining to become a dedicated ethereum staking and treasury company. Bit Digital Transitions to Pure-Play Ethereum Staking Company…
[Jun 23 12:30 PM] This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. HIVE Digital has signed an agreement to acquire a 7.2-megawatt data…
[Jun 22 9:30 AM] The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions, Girya states that the entrance of new, larger…
[Jun 20 7:30 PM] The Norwegian government has announced plans for a temporary ban on new data centers engaged in power-intensive cryptocurrency mining, in an effort to conserve electricity for other industries. Crypto Mining Generates Little for Local Community…
[Jun 19 6:47 PM] After attaining a peak of 946 exahash per second (EH/s), Bitcoin’s computational power has since receded beneath the 900 EH/s threshold, with corresponding mining profitability exhibiting a similar decline. Mining Pressure Mounts: Hashrate Drops…
[Jun 19 9:10 AM] The French National Assembly has decided not to discuss the subject of bitcoin mining as a possible destination for the French energy surplus. The recently introduced amendment was rejected on procedural grounds, which means the measure’s…
[Jun 18 9:30 PM] Bitdeer Technologies Group priced an upsized private offering of $330 million in convertible senior notes due 2031. The Singapore-based bitcoin mining company increased the offering size from an initially announced $300 million. Bitdeer Upsizes…
[Jun 18 8:53 PM] Three major Chinese bitcoin mining rig manufacturers—Bitmain, Canaan, and MicroBT—are relocating their production to the United States. This move allows them to circumvent the punitive tariffs imposed on Chinese imports. Chinese Trio Dominate…
[Jun 17 10:30 AM] This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Theminermag’s latest bitcoin mining monthly update dives into the…
[Jun 14 4:30 PM] At block height 901,152 on Friday, the Bitcoin network logged its 12th difficulty adjustment of the year, slipping a slight 0.45%, which lowered the difficulty to 126.41 trillion. The next day, Saturday, miners pushed the network’s computational…
[Jun 10 5:20 PM] The Trump-affiliated firm American Bitcoin disclosed in a recent U.S. Securities and Exchange Commission (SEC) filing that it has acquired “approximately 215 bitcoin” to bolster its reserves. American Bitcoin’s Crypto Bet Grows American Bitcoin, a
[Jun 9 6:40 PM] Tether CEO Paolo Ardoino announced that the company will work towards open-sourcing its Bitcoin Mining Operating System (MOS), aiming to enable a new wave of bitcoin mining companies to enter the market and enhance network security. The MOS is…
[Jun 8 5:30 PM] Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month…
[Jun 8 2:30 PM] Bitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 31, but in the days since then, the network’s processing power has dipped by more than 75 EH/s. Bitcoin’s Block Time Slows as Miners Buckle Under Difficulty Spike Bitcoin
[Jun 5 7:15 PM] When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits in June…
[Jun 4 5:30 AM] Riot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes deeper into high-performance computing (HPC) and AI hosting. This article is from Theminermag, a trade publication for the…
[Jun 3 10:45 PM] In May, bitcoin miner Riot Platforms produced 514 bitcoins, marking an 11% increase from the 463 mined in April and more than double the 215 produced in May 2024. Prioritizing Operational Excellence Bears Results Bitcoin miner Riot Platforms…
[Jun 3 9:35 PM] In May 2025, MARA Holdings produced 950 BTC, marking a 35% increase from April, and achieved a record 282 blocks mined. The company’s total bitcoin holdings rose to 49,179 BTC, with no sales during the month. MARA Holdings’ Bitcoin Production…
[Jun 2 4:20 PM] Figures logged in May show that bitcoin miners achieved their most lucrative month since the network’s fourth halving in April 2024. During May, the collective revenue drawn in by miners reached an impressive $1.52 billion. Bitcoin Revenues Reach…
[Jun 1 10:30 PM] With bitcoin’s price consolidating following the all-time high (ATH), the network’s computational power has reached an unprecedented zenith, touching a peak of 943 exahash per second (EH/s). Bitcoin Nears Zettahash Milestone Bitcoin’s global…
[May 30 6:30 PM] Data shows that bitcoin has held firm above the $100,000 threshold for 23 straight days—an unprecedented streak. Moreover, the network’s computing strength has hit its highest point this year, positioning 2025 as a standout period for several…
[May 29 8:36 PM] Bitcoin Magazine CEO Paolo Ardoino Said, “Tether Will Be the Biggest Bitcoin Miner in the World” Today, at the 2025 Bitcoin Conference in Las Vegas, the CEO of Tether Paolo Ardoino talked about the investments, inventions and Bitcoin mining of…
[May 29 6:30 AM] This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. The latest edition of our Bitcoin mining report is now available to…
[May 28 6:45 PM] Bitmain has launched the Antminer S23 Hydro series, featuring a performance of 580 terahash per second (TH/s) and a power consumption of 5,510 watts, making it the “most efficient” mining rig available. Declining Demand for Mining Rigs Bitcoin…
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