Under 10 Joules per Terahash: Auradine Unleashes High-Efficiency Teraflux Miners With 50% Power Boost 

Auradine is raising eyebrows across the mining industry with its latest Teraflux bitcoin mining systems—machines claiming a 50% efficiency boost and a new benchmark of 9.8 joules per terahash (J/TH). For the first time, Auradine says miners can look to a domestically engineered, fully supported U.S. alternative built for scale, resilience, and relentless uptime. Made … Read more

New BTC Yield Platform Bridges Gap Between Idle Bitcoin and Miner Capital Needs

Maestro has launched Mezzamine, a bitcoin yield platform that connects idle BTC with miners through on‑chain secured credit facilities. The $2 Trillion Liquidity and Centralization Problem Maestro, an infrastructure provider for bitcoin ( BTC)-native capital markets, has announced the launch of Mezzamine, a new BTC yield platform designed to connect idle bitcoin with the capital … Read more

Cleanspark Rolls out $1 Billion Convertible Note Plan for Expansion

Cleanspark announced plans to offer $1 billion in convertible senior notes due 2032, with an additional $200 million option for initial purchasers. Cleanspark Plans $1B Private Notes Sale to Fuel Growth, Buy Back Shares According to the company’s latest filing, Cleanspark (Nasdaq: CLSK) intends to use up to $400 million of the proceeds to repurchase … Read more

Phoenix Group Activates 30MW Hydropower-Backed Crypto Mining Facility in Ethiopia

Phoenix Group recently activated a 30 MW hydropower-backed crypto mining facility in Addis Ababa, Ethiopia, in partnership with Ethiopian Electric Power (EEP). Aggressive African Expansion The Abu Dhabi cryptocurrency mining company, Phoenix Group, recently announced the activation of a 30-megawatt (MW) hydropower-backed mining facility in Ethiopia. The project, a partnership with the state-owned Ethiopian Electric … Read more

Bitcoin Mining Stocks Slip While Hashprice Hits 7-Month Low

Bitcoin mining stocks limped into the weekend after bitcoin’s 7.8% weekly dip to $101,827 sent hashprice to its lowest point since April. According to bitcoinminingstock.io, the sector’s top 20 publicly traded miners flashed red across the board Friday, with only a handful dodging the downturn. Publicly Traded Bitcoin Miners Face Red Week as BTC Slides … Read more

$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infrastructure Push

Nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and Weiss Asset Management. Canaan Attracts Institutional Confidence According to Canaan (Nasdaq: CAN), the investment was made through the purchase of about 63.7 million American depositary shares (ADSs) at … Read more

NIP Group to Generate 160 BTC Monthly After Major Infrastructure Deal

Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month. NIP Group Scales Bitcoin Mining Capacity to 11.3 EH/s NIP Group Inc. (NIPG), a Nasdaq-listed digital entertainment firm, announced the expansion of its bitcoin ( BTC) mining operations, … Read more

Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center

Cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads, marking one of its largest high-performance computing (HPC) initiatives to date. Cipher Mining’s $5.5B AWS Lease Anchors AI Hosting Expansion Bitcoin miner and HPC provider, Cipher Mining Inc. … Read more

MARA Sues to Block Texas County Vote Creating Town Around Its Bitcoin Mine

Bitcoin mining giant MARA has filed a federal lawsuit seeking to block a planned Nov. 4 local election in Hood County, Texas, alleging that county officials unlawfully placed a municipal incorporation measure on the ballot to target its data center operations. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing … Read more