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Data shows that bitcoin has held firm above the $100,000 threshold for 23 straight days—an unprecedented streak. Moreover, the network’s computing strength has hit its highest point this year, positioning 2025 as a standout period for several notable benchmarks. Although the bull cycle has delivered striking moves in both price and hashrate, metrics from onchain … Read more
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 latest edition of our Bitcoin mining report is now available to download here. This month’s analysis dives into key trends shaping the sector as miners navigate compressed economics despite … Read more
Bitmain has launched the Antminer S23 Hydro series, featuring a performance of 580 terahash per second (TH/s) and a power consumption of 5,510 watts, making it the “most efficient” mining rig available. Declining Demand for Mining Rigs Bitcoin mining rig maker Bitmain unveiled the new Antminer S23 Hydro series, which reportedly boasts 580 terahash per … Read more
Bitcoin mining stocks experienced widespread declines Wednesday, with most major publicly traded firms in the sector in the red. Bitcoin Mining Stocks See Red Across the Board Galaxy Digital Holdings, leading by market capitalization at $6.64 billion saw its shares drop 11.33% this afternoon and 14.11% over the last five sessions, even as it’s up … Read more
Bitlayer has formed partnerships with three bitcoin mining pools—Antpool, F2pool, and Spiderpool—to enhance the implementation of the Bitcoin Virtual Machine (BitVM) and the BitVM Bridge. Aligning Mining Operations With Bitcoin’s Evolution Bitlayer, a Bitcoin layer two (L2) solution, has announced key partnerships with three major bitcoin mining pools to advance the real-world implementation of the … Read more
At press time, the Bitcoin network hashrate is cruising along just above the 900 exahash per second (EH/s) range and according to current stats documented by hashrateindex.com, the United States leads prominently with 36.025% of the global hashrate. Global Hashrate Showdown: U.S. Leads, Russia Climbs, China Hangs On The U.S. is currently the most dominant … Read more
Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent challenge in its energy sector. The country’s energy landscape has been … Read more
Compass Mining has partnered with Synota’s “Impact Mining” initiative to redirect a portion of bitcoin mining revenue toward subsidizing energy costs for healthcare and education projects in underserved Nigerian communities. Compass Mining’s Partnership Powers Solar Grids, Healthcare via Bitcoin Hashrate Donation Compass Mining, a bitcoin (BTC) mining infrastructure provider, announced Friday it is the inaugural … Read more
MARA Holdings, Inc., the fifth-largest bitcoin mining pool by hashrate, has allocated 500 BTC to Two Prime’s managed yield strategies, expanding a partnership aimed at generating risk-adjusted returns from its corporate treasury. Two Prime, MARA Deepen Bitcoin Yield Strategy Collaboration MARA Holdings, Inc., the fifth-largest bitcoin mining pool globally by hashrate, has allocated 500 BTC … Read more
Sangha Renewables is turning West Texas sunshine into bitcoin, breaking ground on a 20 MW mining facility powered by solar energy—and nearly hitting its $17 million equity target with $14 million already secured. Texas Solar Farm to Generate Bitcoin via Sangha’s 20 MW Mining Operation Sangha Renewables began construction on a 19.9-megawatt bitcoin (BTC) mining … Read more