Mining
This week, HIVE Digital co-founder Frank Holmes revealed that a number of sanctioned countries are actively engaged in secret Bitcoin (BTC) mining, seeing the cryptocurrency as an alternative source of income in the face of financial restrictions from the United States.…
Bitcoin $115,141.95 BTC miners made significant gains again in July, with profitability rising to its highest since the last halving, according to a research report released Friday by Wall Street bank JPMorgan (JPM). “In July, Bitcoin miners averaged $57,400 per EH/s…
The Bitcoin network continues to grow at an industrial scale, with resource-intensive mining rigs driving unprecedented increases in energy consumption, even as transaction flow slows to record lows. However, the network appears to be struggling as the increased hashrate and infrastructure…
According to the company's latest quarterly report, MARA acquired Teraflux Bitcoin miners from Silicon Valley startup Auradine in the first half of 2025 for $73.3 million. This article from Theminermag, a specialist publication for the cryptocurrency mining sector, covers the latest…
The London Bitcoin Company has officially reached a significant milestone in its mining history. As of July 31, the company operates over 1,000 active Bitcoin miners across multiple sites in North America. The announcement was made on Thursday, with the upgrade…
Russian data centers and hosting providers are required to provide tax authorities with all necessary information about cryptominers using their services. The tax service's new directive comes as the Russian government prepares to limit the use of computing resources and electricity…
According to the latest data from onchain, the top ten Bitcoin mining pools currently control a whopping 94.2% of the global hashrate, with a combined $6.52 billion in Bitcoin stored in their wallets. Secret Stashes of the Largest Bitcoin Mining Pools…
Analysts at investment firm Compass Point on Wednesday reiterated their “neutral” rating on Marathon Digital, noting that the company's focus on preparing for the next bitcoin halving is based on untested strategies that may be difficult for investors to immediately evaluate.…
Recently, an independent miner achieved a significant victory by independently solving block 907,283 and earning a reward of $373,000 in one go. This achievement is truly impressive, considering the incredible difficulties the miner had to overcome. The probability of lightning strike…
Bitcoin According to investment bank Jefferies, BTC mining profitability of $118,588.21 increased by 5.3% in June, which is due to a 1.2% increase in the cryptocurrency’s value and a 6.7% decrease in the network hashrate. Hashrate is the total computing power…
Earlier this week, Wall Street bank JPMorgan updated its ratings and price targets for a group of Bitcoin miners. Revising the group's estimates to take into account second-quarter earnings, changes in network hashrate and the price of bitcoin, the bank upgraded…
Bitcoin's computing power hit a record high of 946 exahashes per second (EH/s) on June 13, but by Sunday morning it was down to 945 EH Race to the Top: Bitcoin Hashrate Nears Record High As of 10:00 AM ET on…