Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan

Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury of SOL tokens worth up to $300 million to fuel the company’s shift. Bit Mining Allocates Up to $300M for Solana Integration The NYSE-listed cryptocurrency mining company said this move aims to capture opportunities across … Read more

KULR Mining Hits 750 PH/s With New Bitmain Mining Rigs Stationed in Paraguay

KULR Technology Group Inc. (NYSE American: KULR) has expanded its bitcoin ( BTC) mining operations, the company announced July 9. KULR Reaches 750 PH/s Bitcoin Mining Milestone On Wednesday, KULR disclosed that it deployed 3,570 Bitmain S19 XP 140 terahash per second (TH/s) bitcoin mining machines at facilities in Asunción, Paraguay. This deployment increases KULR’s … Read more

Publicly Traded Mining Firms Face Pressures While Bitmine Shares Surge

Crypto mining stocks posted sharply divergent results across daily, weekly, and year-to-date periods, with Bitmine emerging as the sector’s standout performer. Crypto Mining Stock Performances Diverge Sharply The crypto mining industry is anything but dull in 2025. As of stats collected on July 8, 2025, Galaxy Digital Holdings Ltd. holds the largest by market cap … Read more

Core Scientific Crashes After CoreWeave Acquisition News – What Spooked Investors?

CoreWeave’s (CRWV) $9B all-stock deal to acquire Core Scientific sent CORZ shares tumbling. Why did investors reject the merger? Here’s what you need to know. Core Scientific Plunges The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on July 3, 2025, … Read more

Bit Digital Goes All-in on Ethereum, Converts Bitcoin and Equity Proceeds Into ETH Holdings

Bit Digital has completed a sweeping pivot toward Ethereum, announcing it has fully transitioned its corporate treasury into ETH following a recent capital raise and the divestment of its Bitcoin holdings. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining … Read more

Russia Compiles Crypto Mining Equipment Register to Boost Oversight

Russia has created a comprehensive register of cryptocurrency mining equipment, which aims to identify electricity consumers involved in mining, facilitating special regulations and taxation. Combating Unregistered Mining Operations The Russian Ministry of Energy, Federal Tax Service (FTS), and Ministry of Digital Development have reportedly compiled a comprehensive register of cryptocurrency mining equipment. Deputy Energy Minister … Read more

$9B Merger: Coreweave Acquires Core Scientific 

Coreweave will acquire data center operator Core Scientific in an all-stock transaction valued at approximately $9 billion. The deal, announced Monday, is expected to close in the fourth quarter of 2025. Coreweave Adds 1.3 GW Power via Core Scientific Buy Under the agreement, Core Scientific stockholders will receive 0.1235 shares of Coreweave Class A common … Read more

BitMine Stock Soars 700% Within 24 Hours – Will Ethereum Treasury Strategy Make Another MicroStrategy?

BitMine $BMNR has been on fire since Monday – after naming Fundstrat’s Tom Lee as Chairman, the stock skyrocketed. Now, it’s raising $250M for an Ethereum treasury strategy. Could this be the MicroStrategy of ETH? BitMine Bets Big on Ethereum The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining … Read more

Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil

decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This initiative will enable Adecoagro to redirect excess energy, currently sold at spot market prices, into a new revenue stream: bitcoin. Tether and Adecoagro Partner to Establish Green Energy Bitcoin Mining Operation in Brazil Tether, one … Read more