Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving

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 July clocking in as their best payday since the April 20, … Read more

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, the ten biggest mining pools by block production … Read more

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 convertible notes to private qualified investors, according to a Monday press release. The funds will … Read more

Solo Miner With a Tiny 48 Terahash Strikes Bitcoin Block, Beats the Mining Pool Titans

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 Since the Last One … Read more

Is MARA Becoming a Shadow Bank Through Its Bitcoin Treasury Strategy?

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 stocks, educational tools, and industry insights. … Read more

ASIC Bitcoin Miners Are Back in Profit Mode—Here’s What They’re Making Daily

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 the leading machines of the moment and how … Read more

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