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Inside the Powerhouse: The 50 Most Profitable Bitcoin Miners, Aug. 9-10, 2025
10.8.2025
At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining rigs pull in serious profits—these are the top 50 machines doing it best in August 2025. Power, Profit, and Precision: Today’s Top 50 BTC Mining Machines...
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...
Union Jack Oil Plans Bitcoin Mining Using Stranded Gas, Considers BTC Treasury
8.8.2025
UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if the initiative succeeds. Onshore Gas to Bitcoin: Union Jack Advances Crypto Mining Venture Union Jack (AIM:...
UK Gold Miner ECR Minerals Adopts Bitcoin Treasury Strategy
7.8.2025
ECR Minerals plc, a U.K.-based gold exploration company focused on Australian projects, announced on Aug. 7, 2025, that its board has formally adopted a bitcoin and digital asset treasury management policy. Gold Miner ECR Adopts Bitcoin Treasury Strategy Under the non-binding policy, ECR Minerals...
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...
Smarter Web Launches $21 Million Bitcoin-Denominated Convertible Bond
7.8.2025
The Smarter Web Company has launched Smarter Convert, a bitcoin-denominated convertible bond fully subscribed by institutional investor TOBAM for $21 million. The initiative enables Smarter Web to raise capital while expanding its bitcoin treasury. TOBAM Backs Smarter Web With $21 Million...
Asia Morning Briefing: BTC Slips Into Low-Liquidity “Air Gap” as Post-ATH Drift Continues
7.8.2025
Glassnode data shows BTC caught in a fragile holding pattern after slipping below key support. Market makers say conviction remains weak, with majors struggling to lead
Vaultz Capital Buys £4.3M Bitcoin, Treasury Hits 118 BTC
7.8.2025
UK digital asset firm Vaultz Capital has purchased 47.85 BTC for £4.27 million, increasing its corporate treasury holdings to approximately 117.85 BTC worth over £10 million. Vaultz Adds More BTC to Its Corporate Stash The company, Vaultz Capital plc (AQSE: V3TC), explained on Wednesday that...
Bitcoin Treasury Firm Satsuma Raises $218M in Oversubscribed Round
6.8.2025
London-based Satsuma Technology PLC has successfully raised £163.6 million ($217.65 million) in an oversubscribed second round of secured convertible loan notes, significantly exceeding its minimum £100 million target. London’s Satsuma Raises Funds for AI and Bitcoin Plans The publicly listed...
Corporate Bitcoin Holdings Surge as Adoption Spreads Globally, Report Shows
6.8.2025
Public and private companies added 107,082 bitcoin to their treasuries in July 2025, accelerating a trend of institutional adoption now valued at $428 billion across tracked entities, according to Bitcoin Treasuries’ July Adoption Report. Bitcoin Treasuries Report: Corporate Adoption Accelerates...
Asia Morning Briefing: BTC Rebounds Toward $115K as ETF Flows Return, but Traders Still Price Tail Risk
5.8.2025
BTC recovers from Friday’s macro-led rout as Bitwise reports net inflows. But Polymarket traders give even odds of a drop below $100K, underscoring lingering market fragility
Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report
4.8.2025
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity...
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...
Strategy’s In-House Credit Products Key to Weathering Bitcoin Market Swings
1.8.2025
Strategy executives fielded analyst questions on July 31, covering credit resilience, market positioning, and bitcoin accumulation during the firm’s Q2 2025 earnings call. Strategy Execs Tout Resilience Amid Potential Bitcoin Slumps The Q&A session during the Strategy earnings call included...
Metaplanet Files $3.7B Shelf Registration to Fund More Bitcoin Buys
1.8.2025
Tokyo-listed Metaplanet Inc. announced Friday it has filed a shelf registration statement to potentially issue up to ¥555 billion ($3.7 billion) worth of perpetual preferred shares, aiming to fund its strategy of acquiring more bitcoin. The move is part of the company’s ambitious “Bitcoin Plan,”...
Asia Morning Briefing: Bitcoin Drops to $115K as Third Major Profit-Taking, New Tariff Tensions Add Pressure
1.8.2025
CryptoQuant data shows a $6–8B profit-taking spike in July as new whales offload BTC near highs. Trump's renewed tariff measures, announced Thursday, deepen the consolidation phase
Coinbase Profits Soar to $1.4B, Holds $1.26B Bitcoin in Q2
1.8.2025
Coinbase reported a massive $1.43 billion Q2 profit fueled by crypto market gains and strategic investments, while revealing a $1.26 billion bitcoin holding. Coinbase Profits Eclipse 2024 Results with $1.43B Q2 Haul Coinbase Global, Inc. (Nasdaq: COIN) reported a $1.43 billion net profit for...
Record Quarter: Strategy Earns $10B, Files $4.2B Offering to Buy More Bitcoin
31.7.2025
Strategy Incorporated, formerly operating as Microstrategy, has filed for a $4.2 billion offering of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) while reporting record second-quarter net income of $10 billion, driven by unrealized gains on its massive bitcoin holdings....
Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results
31.7.2025
Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily...