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Auradine Shipped $73M Worth of Bitcoin Miners to MARA in H1 2025


MARA received $73.3 million worth of Teraflux Bitcoin miners from Silicon Valley chip startup Auradine during the first half of 2025, according to the company’s latest quarterly filing. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on...

Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results


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...

Algeria Enacts Sweeping Ban on Crypto Use, Exchange, and Mining


Algeria has enacted a comprehensive law that criminalizes all forms of cryptocurrency use, exchange, and mining, aiming to protect the national financial system. Total Ban on Crypto Use and Platforms Algeria recently enacted a sweeping new law that criminalizes any form of use, exchange, or mining...

Top 10 Miners Dominate 94% of Hashrate and Hoard Over 55,000 BTC


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...

Monero Under Pressure: Qubic’s Dual‑Mining Model Tests Community’s Nerves


Monero’s privacy‑centric blockchain is bracing for what could be the first true economic 51% attack as rival project Qubic lines up enough hashpower to test network control from Aug.  2 to Aug.  31, next week. From Idle CPUs to Potential 51% Chaos Founded in 2014, the Monero network hides senders...

Bitcoin Mining Giant Mara Completes $950M Deal to Buy More BTC


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...

Monero Faces Looming 51% Attack Threat From Rival Blockchain Qubic


Monero ( XMR), the leading privacy-focused cryptocurrency by market cap, faces an unprecedented threat as rival project Qubic prepares to attempt control of over 51% of its mining hashrate starting Aug. 2. Monero Community Faces Another Challenge Qubic founder Sergey Ivancheglo (known as CFB)...

Bitcoin’s Hashrate Brushes All-Time High as Miners Close in on June Peak


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


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...

Block Hunt Intensifies as Bitcoin Difficulty Climbs 1.07%


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...

Miner Weekly: Bitmain Funnels 187 Tons of Antminer Parts to Skirt US Tariffs


Bitmain, the world’s largest Bitcoin mining rig manufacturer, is stepping up its U.S.-bound shipments of electronic parts as it adapts to shifting trade dynamics and weaker post‑halving demand. This article first appeared in Miner Weekly, Blocksbridge Consulting’s weekly newsletter curating...

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