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Bitcoin’s Hashrate Holds Steady Near Record Highs as Network Prepares for Difficulty Adjustment
5.2.2025
Bitcoin’s computational prowess currently hums at 825.85 exahash per second (EH/s), a gentle dip from its zenith of 844 EH/s recorded on Feb. 4, 2025. The network’s transaction queue, known as the mempool, continues to reflect minimal activity, while newly minted blocks materialize...
Bitdeer Acquires $21 Million Site for Bitcoin Mining Power Plant in Canada
5.2.2025
Bitcoin mining firm Bitdeer has acquired a 101-megawatt permitted site in Alberta for $21.7 million to build a bitcoin mining data center. Bitdeer to Build Power Plant for Bitcoin Mining Bitdeer, a bitcoin mining company has taken a major step toward becoming a fully integrated mining operation...
Bitdeer Buys 101 MW Gas Power Plant in Alberta, Canada for BTC Mining
5.2.2025
The $21.7 million cash deal would give BitDeer the ability to mine BTC at some of the lowest costs in the industry
Bitcoin Difficulty Set to Skyrocket as Hashrate Hits ‘Insane’ All-Time High of 840 EH/s
3.2.2025
While bitcoin’s value slid beneath the $100,000 threshold, bottoming at $91,530 on Feb. 2, its computational muscle flexed to an unprecedented apex. Bitcoin’s Hashrate Taps an All-Time High Data from hashrateindex.com reveals bitcoin’s hashrate soared to a historic zenith...
Bitcoin Mining Revenue Holds Steady at December Levels Minus $40 Million
1.2.2025
Data gathered from the first month of 2025 reveals that bitcoin mining revenue reached $1.4 billion for January, trailing last month’s figures by about $40 million. First Month of 2025—Bitcoin Mining Revenue Mirrors December’s Figures Statistics reveal that bitcoin miners...
Bitcoin Miner Cipher Secures $50 Million Investment From Softbank
31.1.2025
Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves...
Arkansas Senate Rejects Bill Restricting Bitcoin Mining Near Military Sites
31.1.2025
The Arkansas Senate has rejected Senate Bill 60, which sought to prohibit digital asset mining businesses from operating within 30 miles of military facilities. Arkansas Legislature Rejects Digital Asset Mining Restriction The bill, introduced by Senator Hill and Representative Evans, aimed...
Bitcoin Miner Riot Platforms Targeted by Second Activist Investor: Reuters
29.1.2025
The move comes after another activist investor, Starboard, had taken a stake in the miner late last year
DCG Spins Off Fortitude Mining to Focus on Digital Asset Ventures
29.1.2025
Digital Currency Group (DCG) has launched Fortitude Mining, a subsidiary focused on mining bitcoin and emerging digital assets, on Jan. 29, 2025, appointing former Foundry executive Andrea Childs as CEO. Fortitude Mining, New DCG Subsidiary, Targets Bitcoin and Emerging Crypto Assets According...
Bitcoin Miners Power up Kentucky as Paducah’s Utility Reaps Financial Gains
29.1.2025
Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s Energy...
Hive Digital’s Paraguay Purchase to Quadruple Bitcoin Mining Capacity by Late 2025
28.1.2025
Hive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its global mining capacity to 25 exahash per second (EH/s) by September 2025. Hive Digital Expands to 430 MW Global Capacity with Paraguay...
Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT
24.1.2025
Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $CORZ, $WULF, $IREN, and $HUT recorded the largest increases in institutional ownership. Institutional Confidence in Bitcoin Mining...
Public Miners Surpass 35% of Bitcoin’s Total Hash Rate: MARA, CLSK and IREN Exceed 2024 Expansion Targets
23.1.2025
The total reported hash rate of public miners reached 318.09 EH/s at the end of 2024, accounting for over 35% of Bitcoin’s total hash rate – a significant jump from 21% in 2023. IREN, CLSK, RIOT, and MARA achieved more than 100% YoY hash rate growth. Miners Exceed 35% Network Share...
Bitcoin Miners Bask in a 16% Hashprice Jump Amid BTC’s Triumphant Rally
18.1.2025
As bitcoin’s valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network. BTC Mining Revenues Soar...
Bitcoin Mining Tightens: Difficulty Hits 110.45 Trillion Amid Revenue Slump
13.1.2025
Bitcoin’s mining difficulty has edged up by 0.61%, rising from 109.78 trillion to 110.45 trillion. At the same time, the network’s hashrate remains relatively subdued, following a notable drop from its high of 824 exahash per second (EH/s) to the current 778 EH/s. Bitcoin’s Difficulty...
From Price Tags to Terahash: Navigating Bitmain and Microbt’s Available Mining Machines in 2025
13.1.2025
Over the past year, leading manufacturers of application-specific integrated circuit (ASIC) bitcoin mining rigs have introduced a range of cutting-edge devices. Many of these rigs are quickly snapped up by major mining enterprises, often disappearing from shelves shortly after release. Below is...
Bitcoin Mining Stocks Shine in 2025: Cathedra and Riot Top the Year’s Gainers
11.1.2025
Seven in ten publicly traded bitcoin (BTC) mining companies are enjoying a strong start to 2025, with Riot Platforms leading the pack in terms of percentage gains among the top ten firms by market cap. Riot Platforms Rallies As 7 out of the Top 10 Bitcoin Miners by Market Cap Start 2025 in...
Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits
11.1.2025
Bitcoin’s network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network’s hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on...
Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT
10.1.2025
Gain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $CORZ, $WULF, $IREN, and $HUT recorded the largest increases in institutional ownership. Institutional Investment Shifts in Bitcoin...
Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust
9.1.2025
Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity. Modified Meters Used to Aid Electricity Theft On Jan. 8, law enforcement agents in Thailand’s Chon Buri province seized nearly 1,000...