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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
Bitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to 810 EH/s on June 24. Meanwhile, miners are enjoying an 11.62% increase in profitability compared to a month ago. From Slump to Sprint: Bitcoin Hashrate Rockets Back, Profits Surge Since bottoming out on June 24, … Read more
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
In June, Riot Platforms mined 450 bitcoin, a 12% decrease from May’s 514 BTC, with daily production averaging 15 BTC compared to 16.6 BTC in May. Riot Achieves Higher Average BTC Price in June Bitcoin mining firm Riot Platforms produced 450 bitcoin ( BTC) in the past month, a 12% drop from the 514 BTC … Read more
The summer heat is taking a toll on U.S.-based Bitcoin mining operations, with multiple public miners reporting lower realized hashrates in June due to curtailments to avoid high power costs and grid penalties. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional … Read more
Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario Independent Electricity System Operator (IESO). Hut 8 Joint Venture Entity Wins IESO Auction The energy infrastructure platform Hut 8 Corp announced on July 2 that its entity Far North Power Corp has secured … Read more
Bitcoin’s hashprice has surged to its highest level since early February, rising above $58.5/PH/s following a 7.4% decline in network difficulty—the steepest drop since the aftermath of China’s 2021 mining ban. 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
Bitcoin miners are earning the least they have in a year, yet most still largely refuse to part with their coins, according to a new report from Cryptoquant researchers. Cryptoquant Report Signals Resilience in Bitcoin Mining Sector Despite Lower Profits Miner revenue slid to $34 million on June 22, the weakest since April 20, as … Read more
Cango has completed its previously announced acquisition of 18 EH/s of active bitcoin hashrate from Bitmain’s financial services affiliate, Antalpha, pushing its total installed hashrate to 50 EH/s. 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. According to … Read more
Nasdaq-listed cryptocurrency firm Bit Digital, Inc. (BTBT) announced Wednesday it will fully transition from bitcoin mining to become a dedicated ethereum staking and treasury company. Bit Digital Transitions to Pure-Play Ethereum Staking Company The strategic shift, disclosed on June 25, 2025, follows the company’s accumulation of ethereum ( ETH) and staking infrastructure since 2022. Bit … Read more