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Russia Predicted to Emerge as the Second Global Bitcoin Mining Power


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 economic groups will invigorate the Russian mining...

From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining


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 Norway’s government announced June 20...

Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze


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, Earnings Grow Thinner By early afternoon Thursday...

France Rejects Bitcoin Mining Proposal


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 intent was not fully discussed. National Assembly...

Trump’s Tariffs Just Reshaped Bitcoin’s Backbone


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 Global Mining Rig Market In what will be seen as...

Theminermag Bitcoin Mining Update: May/June 2025


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 industry’s evolving landscape as miners navigate...

Bitcoin Miners Just Had One of Their Best Quarters on Record, JPMorgan Says


The first quarter of 2025 was one of the best periods on record for U.S.-listed bitcoin BTC mining companies, Wall Street bank JPMorgan (JPM) said in a research report Friday."Four of the five operators in our coverage reported record revenue and profits," analysts Reginald Smith and Charles Pearce...

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