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Q3 Bitcoin Mining Map Exposes Silent Surge in Russia, China, While US Dips Slightly
12.7.2025
As the second quarter of 2025 wound down, the U.S. held onto its top spot for the highest share of Bitcoin hashrate—though it slipped slightly, down just 0.60% since May 27. Meanwhile, turning over into Q3, Russia turned up the dial, posting a 6.12% jump in its share since that same date in May....
Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan
11.7.2025
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency...
KULR Mining Hits 750 PH/s With New Bitmain Mining Rigs Stationed in Paraguay
10.7.2025
KULR Technology Group Inc. (NYSE American: KULR) has expanded its bitcoin ( BTC) mining operations, the company announced July 9. KULR Reaches 750 PH/s Bitcoin Mining Milestone On Wednesday, KULR disclosed that it deployed 3,570 Bitmain S19 XP 140 terahash per second (TH/s) bitcoin mining machines...
Publicly Traded Mining Firms Face Pressures While Bitmine Shares Surge
9.7.2025
Crypto mining stocks posted sharply divergent results across daily, weekly, and year-to-date periods, with Bitmine emerging as the sector’s standout performer. Crypto Mining Stock Performances Diverge Sharply The crypto mining industry is anything but dull in 2025. As of stats collected on July...
BitMine Stock Soars 700% Within 24 Hours – Will Ethereum Treasury Strategy Make Another MicroStrategy?
5.7.2025
BitMine $BMNR has been on fire since Monday – after naming Fundstrat’s Tom Lee as Chairman, the stock skyrocketed. Now, it’s raising $250M for an Ethereum treasury strategy. Could this be the MicroStrategy of ETH? BitMine Bets Big on Ethereum The following guest post comes from...
Bitcoin Hashrate Revs up 88 EH/S Since the Low as Miners Race Toward Profitability
5.7.2025
Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to 810 EH/s on June 24. Meanwhile, miners are enjoying an 11.62% increase in profitability compared to a month ago. From Slump to Sprint: Bitcoin Hashrate Rockets Back, Profits Surge...
Bitcoin Miners’ Income Sinks to Yearly Low, Cryptoquant Research Finds
29.6.2025
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 Profits Miner revenue slid to $34 million on June...
Bitcoin’s Hashrate Nosedives After Weekend High—Miners Feel the Squeeze
19.6.2025
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...
Trump’s Tariffs Just Reshaped Bitcoin’s Backbone
18.6.2025
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...
Bitcoin Mining Costs Soar as Hashrate Hits Records: TheMinerMag
16.6.2025
Public miners race to scale as Bitcoin’s hashrate nears the zetahash threshold
946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop
14.6.2025
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 power to yet another peak, eclipsing the previous...
Can Bitcoin fix Pakistan’s energy problem? The 2,000 megawatt mining strategy explained
12.6.2025
Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan
Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
8.6.2025
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, Bitmain pulled back the curtain on a machine...
From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record
8.6.2025
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 miners wrapped up May on a high note, notching...
SHA256 Strikes Back: Bitcoin’s Mining Algorithm Reclaims the Throne in 2025
5.6.2025
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 2025 Dec. 29, 2024 saw Scrypt, the mining method...
Bitcoin Miner Riot Sees 139% Yearly Increase in Daily BTC Production
4.6.2025
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 produced 514 bitcoins in May 2025, an 11% increase from...
Bitcoin Miners Bank Big in May—Highest Monthly Earnings Since the Halving
2.6.2025
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 13-Month High Bitcoin miners recorded their most...
943 EH/s and Climbing: Bitcoin’s Mining Power Nears Historic Threshold
2.6.2025
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 hashrate has reached a fresh pinnacle, with data...
Bitmain Unveils ‘Most Efficient’ Mining Rig Amid Market Shift
28.5.2025
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 mining rig maker Bitmain unveiled the new Antminer...
Publicly Traded Bitcoin Miners Slide as Sector Sees Broad Losses
28.5.2025
Bitcoin mining stocks experienced widespread declines Wednesday, with most major publicly traded firms in the sector in the red. Bitcoin Mining Stocks See Red Across the Board Galaxy Digital Holdings, leading by market capitalization at $6.64 billion saw its shares drop 11.33% this afternoon...