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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
Rumble Inc. (Nasdaq: RUM), the $2 billion video-sharing and cloud services provider, said it is exploring an all-stock acquisition of Germany’s bitcoin mining and AI data center operator Northern Data. 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
At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group of mining rigs pull in serious profits—these are the top 50 machines doing it best in August 2025. Power, Profit, and Precision: Today’s Top 50 BTC Mining Machines The economics of bitcoin (BTC) mining can … Read more
In Q2 of 2025, U.S. bitcoin miner Cleanspark reported a revenue of $198.6 million, marking a 90% increase from $104.1 million in the same period last year. Q2 Financial Performance In the second quarter of this year, U.S. bitcoin miner Cleanspark’s revenue soared to $198.6 million, an increase of more than 90% from the $104.1 … Read more
The latest figures reveal Bitcoin’s difficulty rating notched its 11th increase of the year, rising 1.42% on Friday evening and making block rewards even harder to discover. Despite five separate decreases along the way, Bitcoin’s mining difficulty has still climbed 17.73% in 2025 so far. 129.44 Trillion: Bitcoin’s Highest Difficulty Level in History Bitcoin block … Read more
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even further, hitting 976 EH/s—just 24 EH/s shy of the colossal 1 zettahash per second (ZH/s) threshold. Bitcoin’s Mining Might Continues to Flex The hashrate kept pushing upward and, a mere ten blocks before the network’s … Read more
Canaan has withdrawn from two of its bitcoin mining locations—Kazakhstan and an underperforming hosting site in South Texas—as part of a shift to optimize its operations. 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. The China-based miner manufacturer … Read more
UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if the initiative succeeds. Onshore Gas to Bitcoin: Union Jack Advances Crypto Mining Venture Union Jack (AIM: UJO), holding a 16.665% stake in license PEDL183, announced … Read more