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Australian Bitcoin miner IREN has declared fiscal year 2025 its “breakout year,” reporting a surge in revenue from $187.2 million to $501 million and reversing a prior net loss to a record $86.9 million in profit. CEO Highlights Operational Expansion IREN, an Australian Bitcoin miner, has described the financial year ending June 30, 2025, as … Read more
Bitcoin’s hashrate just blasted past the 976 exahash per second (EH/s) record it hit on Aug. 8, 2025, according to the latest metrics. As of now, the network’s computational firepower is hovering between a fierce 979 and 986 EH/s. While the upward trend has remained steady, current metrics suggest the hashrate may still have plenty … Read more
Hut 8 plans to develop four large-scale infrastructure sites across the U.S, advancing 1,530 megawatts (MW) of capacity as part of its strategy to grow beyond bitcoin mining into broader digital infrastructure. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin … Read more
Based on the latest data, bitcoin mining earnings have been sliding, marked by stretches of sharp price swings. Hashprice—the projected return for 1 petahash per second (PH/s) of computing power each day—now sits 7.61% below where it stood on July 27. Hashrate Remains Resilient as Block Times Speed Up Ahead of Next Difficulty Hike Projected … Read more
Google is backing $3.2B for TeraWulf’s HPC hosting deal with Fluidstack and could end up owning ~14% of the company. Will more hyperscalers turn to Bitcoin miners for their energy and infrastructure needs? TeraWulf’s New HPC Deal The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, … Read more
HIVE Digital Technologies Ltd. announced it has crossed the 16 exahash per second (EH/s) mark in global Bitcoin hashpower, keeping momentum toward its ambitious 25 EH/s target by U.S. Thanksgiving. Bitcoin Miner HIVE Targets 25 EH/s, Stock Climbs 10% in 5 Days Since May, HIVE explained that this ramp-up has more than doubled the company’s … Read more
Bitcoin’s network is closing in on the historic 1 ZH/s milestone, but the story beneath the headline is one of tightening margins, shifting market share, and regulatory pressure. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. Theminermag’s latest … Read more
BUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada to supply the computing backbone for Bell’s AI Fabric platform. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. … Read more
Compass Mining has fully energized a ten-megawatt bitcoin mining facility in Texas, developed in partnership with ONMINE, to advance its vertical integration strategy. Texas Bitcoin Mining Facility Comes Online Through Compass, ONMINE Deal The project places Compass in control of day-to-day operations while introducing a shared revenue model and power-pricing risk assumption with the site … Read more
While many now believe that bitcoin has been battle-tested and has staying power, others still consider that the top cryptocurrency might come to an end, as the mining industry may be unable to continue operating and maintain profitable margins in the next 7 to 11 years. When Will Bitcoin End? Analyst Believes the Shrinking Revenue … Read more