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Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down
12.8.2025
Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners....
Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million
11.8.2025
Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires 50 MW Bitcoin Mine The New York Stock Exchange-listed company (NYSE: CANG) announced the acquisition on Aug. 11, 2025. This marks Cango’s first step in increasing...
Bitcoin Miner Cleanspark Posts Record $257M Profit, Faces $185M Tariff Dispute
10.8.2025
In Q2 of 2025, U.S. bitcoin miner Cleanspark reported a revenue of $198.6 million, marking a 90% increase from $104.1 million in the same period last year. Q2 Financial Performance In the second quarter of this year, U.S. bitcoin miner Cleanspark’s revenue soared to $198.6 million, an increase...
Bitcoin’s Difficulty Smashes Records, Making Rewards Tougher Than Ever
9.8.2025
The latest figures reveal Bitcoin’s difficulty rating notched its 11th increase of the year, rising 1.42% on Friday evening and making block rewards even harder to discover. Despite five separate decreases along the way, Bitcoin’s mining difficulty has still climbed 17.73% in 2025 so far. 129.44...
Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory
8.8.2025
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even further, hitting 976 EH/s—just 24 EH/s shy of the colossal 1 zettahash per second (ZH/s) threshold. Bitcoin’s Mining Might Continues to Flex The hashrate kept pushing...
Bitcoin’s Hashrate Blasts to 970 EH/s as Mining Power Hits Insane New Record
7.8.2025
On Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second (EH/s). From Exahash to Zettahash: Bitcoin’s March Toward 1,000 EH/s Gets Closer Bitcoin’s processing strength topped its previous high of 946 EH/s, notching a...
Mining Crunch? Bitcoin Hashrate Slides Below 900 EH/s
3.8.2025
Eight days ago, the network hit a peak of 943 exahash per second (EH/s). Since that high point on July 26, roughly 44.8 EH/s has vanished. Bitcoin Hashprice Falls 11.65% in 30 Days Hashrate has dipped 4.75% over the past eight days, slipping below the 900 EH/s threshold. As of Aug. 3, it’s hovering...
Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving
3.8.2025
Bitcoin miners struck gold in July, hitting their highest earnings since the April 2024 halving. In fact, July’s mining income jumped approximately 19.42% higher compared to June. Bitcoin Miners Rejoice With July Windfall Bitcoin’s price action gave miners a much-needed boost last month, with...
Bitcoin Mining Profitability Last Month Hit Highest Level Since the Halving: JPMorgan
1.8.2025
Ten of the thirteen U.S.-listed miners that the bank tracks outperformed bitcoin last month, the report said
Top 10 Miners Dominate 94% of Hashrate and Hoard Over 55,000 BTC
30.7.2025
According to the latest onchain stats, Bitcoin’s top ten mining pools currently control a hefty 94.2% of the global hashrate — and they collectively hold $6.52 billion in bitcoin across their wallets. Inside the Secret Stashes of Bitcoin’s Biggest Mining Pools and Their Counterparties As of today...
Bitcoin Mining Giant Mara Completes $950M Deal to Buy More BTC
29.7.2025
The world’s largest publicly-traded bitcoin miner is also the world’s second-largest bitcoin holder among publicly listed companies. Mara Secures $950M Funding to Expand Bitcoin Holdings Bitcoin mining firm Mara Holdings (Nasdaq: MARA) has raised $950 million by issuing interest-free senior...
Bitcoin’s Hashrate Brushes All-Time High as Miners Close in on June Peak
27.7.2025
Bitcoin’s computing power crept right up to its June 13 peak of 946 exahash per second (EH/s), brushing against it with a 945 EH/s reading on Sunday morning. Race to the Top: Bitcoin Hashrate Inches Within Striking Distance of Peak As of 10 a.m. Eastern on Sunday, July 27, Bitcoin’s hashrate...
Is Cango a Bitmain Proxy? Here’s What I Found
27.7.2025
CANG just became the 4th largest public Bitcoin miner by hash rate. But after a recent leadership shakeup, is it now acting as a proxy for Bitmain? We break down the ownership changes, executive ties, and industry links to uncover what’s really going on. Cango Becomes Top-4 Public Bitcoin Miner...
Solo Miner With a Tiny 48 Terahash Strikes Bitcoin Block, Beats the Mining Pool Titans
26.7.2025
A solo miner hit the jackpot on Saturday morning by solving block 907283, and data shows they did it with a modest hashrate of about 48.3 terahash per second (TH/s). Not bad for what’s essentially a one-person operation punching way above its weight. CK Pool Soloist Hits Block After 2,294 Misses...
Block Hunt Intensifies as Bitcoin Difficulty Climbs 1.07%
26.7.2025
Based on the most recent figures, the Bitcoin network just nudged its difficulty up by 1.07% on July 25, making block discovery ever so slightly trickier. At 127.62 trillion, the current difficulty stands as the most intense mining challenge the network has ever thrown at its participants. Bitcoin...
Is MARA Becoming a Shadow Bank Through Its Bitcoin Treasury Strategy?
19.7.2025
Is MARA mining, HODLing, or Banking? With 15% of its Bitcoin treasury out on loan, MARA Holdings is starting to look like a shadow bank. MARA Deploys 15% of Bitcoin Treasury in Lending Strategy The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining...
ASIC Bitcoin Miners Are Back in Profit Mode—Here’s What They’re Making Daily
19.7.2025
With bitcoin climbing 14.6% over the past 30 days, miners are raking in higher earnings. The going rate for 1 petahash per second (PH/s) of hashpower now floats around $60.49, padding profits for some of the top application-specific integrated circuit (ASIC) rigs available. Here’s a look at...
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...