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BitFuFu Hits Record 34.1 EH/s Hashrate as Bitcoin Production Surges in May
4.6.2025
The mining firm sold 178 BTC near May’s price peak to cover expenses and boost liquidity
Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans
4.6.2025
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 cryptocurrency mining industry, focusing on...
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 Miner MARA Holdings Posts Record Block Wins, Produces 950 BTC in May
3.6.2025
The company's bitcoin output rose 35% month-over-month, hitting its highest level since the 2024 halving
Riot Platforms Boosts Bitcoin Output to 514 BTC as Hashrate and Expansion Plans Ramp Higher
3.6.2025
The bitcoin miner also advanced plans to build massive data centers in Texas to support AI workloads
Bitcoin Miner MARA Taps Two Prime to Unlock Value From 500-BTC Corporate Treasury
22.5.2025
MARA Holdings, Inc., the fifth-largest bitcoin mining pool by hashrate, has allocated 500 BTC to Two Prime’s managed yield strategies, expanding a partnership aimed at generating risk-adjusted returns from its corporate treasury. Two Prime, MARA Deepen Bitcoin Yield Strategy Collaboration MARA...
Bitcoin Miners Sold Record Amount of BTC Ahead of May's Price Surge
21.5.2025
With hashprice hovering near break-even levels, miners liquidated 115% of April production
Canadian Bitcoin Miner POW.RE to Acquire Swiss Firm Block Green
19.5.2025
Canadian bitcoin mining firm POW.RE Holdings Limited announced plans to acquire Swiss bitcoin liquidity protocol Block Green AG in a deal combining equity, bitcoin, and cash. POW.RE and Block Green Merge to Combine Mining and Financial Services The acquisition, pending a definitive agreement within...
Bitcoin Miner MARA Stock Surges Despite Earnings Miss as Analysts Applaud Cost Cutting
9.5.2025
Both Jefferies and H.C. Wainwright analysts said MARA's focus on lowering power cost, that differentiates the miner from its peers
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
8.5.2025
Cryptocurrency mining firm Hut 8 increased its hashrate by 79% during the first quarter of the year.According to Hut8’s latest quarterly report released on May 8, the firm saw a net loss of $134.3 million despite revenue of $21.8 million. The firm’s CEO, Asher Genoot, explained that...
Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
8.5.2025
Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits.Core Scientific’s Q1 2025 results, published on May 7, saw it more than double its $210 million...
Bitcoin miner Core Scientific posts $580M Q1 profit but misses revenue estimates
8.5.2025
Nasdaq-listed Bitcoin mining firm Core Scientific Inc. posted a net profit of $580 million with its first quarter results, but missed analyst revenue estimates after a drop in its mining profits.Core Scientific’s Q1 2025 results, shared on May 7, saw it more than double its $210 million...
Bitcoin miner Hive taps Paraguay for low-cost energy partnership
7.5.2025
Several crypto-focused organizations — including Bitcoin (BTC) mining companies — are eyeing a US return, primarily driven by uncertain geopolitical tensions. Still, BTC miner Hive Digital Technologies is doubling down on the untapped potential of the Latin American (LATAM) market.In...
Riot Platforms posts Q1 loss, beats revenue estimates
2.5.2025
Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...
Riot Platforms posts Q1 loss, beats revenue estimates
2.5.2025
Bitcoin miner Riot Platforms reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same period last year amid efforts to expand its facilities.“We achieved a new record for quarterly revenue this quarter, at $161.4...
Bitcoin Miner Compass Energizes First Phase of 30 MW Iowa Data Center
29.4.2025
Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa Project The initial 8-megawatt (MW) phase of the 30 MW project is now online, with construction...
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
29.4.2025
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global...
Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
29.4.2025
Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia.According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global...