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As bitcoin holds around $116,000 mark, the network’s hashrate is steadily pushing its way back toward record-breaking territory. Despite Revenue Loss, Bitcoin Miners Push Network Strength Back to Record-Breaking Levels After climbing to 976 exahash per second (EH/s), the network’s computing power slid back below the 900 EH/s threshold just four days later. As of … Read more
This week, Block, Inc. (NYSE: XYZ) launched Proto Rig, a modular bitcoin mining system designed for durability, and Proto Fleet, a free open-source management platform, marking a strategic push to decentralize mining hardware and software. End of Disposable Miners? Block’s Proto Rig Adds 10-Year Lifespan The announcement at Core Scientific’s facility — where operational Proto … Read more
Hive Digital Technologies reported its strongest quarterly performance to date for the first quarter of fiscal year 2026, ending June 30, with $40.8 million in digital currency mining revenue. Digital Currency Mining Revenue Surges Bitcoin miner Hive Digital Technologies (Nasdaq: HIVE) has posted its “strongest” quarterly performance to date, driven by surging bitcoin ( BTC) … Read more
Bitcoin miner Terawulf announced on Aug. 14 that it has entered into two ten-year high-performance computing colocation agreements with AI cloud platform Fluidstack. Financial and Corporate Backing Bitcoin miner Terawulf announced on Aug. 14 that it had entered two 10-year high-performance computing (HPC) colocation agreements with artificial intelligence (AI) cloud platform Fluidstack. As part of … Read more
KULR Technology Group booked a net income of $8.14 million in the second quarter of 2025, fueled mainly by gains from its bitcoin holdings. KULR Leverages Bitcoin for $8.14M Gain; Revenue up 63% in Q2 KULR, which joined the Russell 3000 Index in June, builds energy storage solutions for extreme environments and uses bitcoin (BTC) … Read more
EMCD is one of the largest ecosystems for miners and crypto investors in Eastern Europe. The EMCD ecosystem includes a mining pool ranked among the world’s top 7, a multi-currency wallet, the Coinhold service for passive income, and a P2P exchange platform. Michael Jerlis is the Founder and CEO of EMCD. He recently joined the … Read more
Galaxy Digital will deploy 48 megawatts (MW) of its bitcoin mining equipment at Soluna Holdings’ Project Kati 1 site in Texas, bringing the facility to its full 83 MW capacity. Galaxy Moves Miners to Soluna Site as Helios Transitions to AI According to the announcement shared with Bitcoin.com News, the deployment involves relocating miners previously … Read more
Four days ago, Bitcoin’s hashrate hit an all-time high of 976 exahash per second (EH/s), but it has since cooled, settling in the 900 EH/s range. Mining Metrics Flash Mixed Signals as Block Times Stretch to 11:04 On Aug. 8, 2025, the network’s computing power reached a whopping 976 EH/s based on the seven-day simple … Read more
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. According to a statement, the Department of Financial Monitoring (DFM) for the East Kazakhstan region, along with the National … Read more
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 its portfolio of owned and operated mining sites. The … Read more
