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On Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second (EH/s). From Exahash to Zettahash: Bitcoin’s March Toward 1,000 EH/s Gets Closer Bitcoin’s processing strength topped its previous high of 946 EH/s, notching a new milestone at 970 EH/s that day. Right now, the hashrate … Read more
Two of the largest U.S. Bitcoin mining giants took contrasting approaches to capital raising in Q2, with MARA ramping up equity issuance while Riot relied more on debt financing and Bitcoin sales. 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
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, … Read more
Eight days ago, the network hit a peak of 943 exahash per second (EH/s). Since that high point on July 26, roughly 44.8 EH/s has vanished. Bitcoin Hashprice Falls 11.65% in 30 Days Hashrate has dipped 4.75% over the past eight days, slipping below the 900 EH/s threshold. As of Aug. 3, it’s hovering at … Read more
American Bitcoin Corporation (ABC), the Trump family-backed Bitcoin mining firm, is nearing completion of its backdoor merger with Gryphon Digital Mining to go public on Nasdaq. 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. On July 31, Gryphon … Read more
WhiteFiber, Bit Digital’s (BTBT) HPC/AI subsidiary, just launched its IPO under WYFI. I dug into the filings to break down key details and what it means for both companies. A Look at WhiteFiber’s Initial Public Offering The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and … Read more
Bitcoin miners struck gold in July, hitting their highest earnings since the April 2024 halving. In fact, July’s mining income jumped approximately 19.42% higher compared to June. Bitcoin Miners Rejoice With July Windfall Bitcoin’s price action gave miners a much-needed boost last month, with July clocking in as their best payday since the April 20, … Read more
MARA received $73.3 million worth of Teraflux Bitcoin miners from Silicon Valley chip startup Auradine during the first half of 2025, according to the company’s latest quarterly filing. 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 amount … Read more
Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily consists of 514 BTC and over 630,000 SOL. The company generated … Read more
According to the latest onchain stats, Bitcoin’s top ten mining pools currently control a hefty 94.2% of the global hashrate — and they collectively hold $6.52 billion in bitcoin across their wallets. Inside the Secret Stashes of Bitcoin’s Biggest Mining Pools and Their Counterparties As of today, the ten biggest mining pools by block production … Read more