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While top-tier bitcoin miners have largely paused or slowed their fleet expansions, a group of smaller competitors accelerated growth in August, posting the strongest gains in bitcoin production. 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
Canaan Inc. has partnered with Luxor Technology Corporation to provide financing for bitcoin mining machines, beginning with a deal that enabled an unnamed U.S. institutional miner to acquire more than 5,000 Avalon A15 Pro rigs in August. Canaan Taps Luxor for Non-Dilutive Financing as Institutional Miner Buys 5,000+ Rigs Canaan disclosed on Monday that the … Read more
Ocean Mining reports that a small, $500 application-specific integrated circuit (ASIC) Nerdminer, humming along at about 5 terahash per second (TH/s), managed to hit a block — a feat that would typically demand a wait of more than 3,500 years. DATUM-Driven Baby Nerdminer Stuns Network by Beating 960 EH/s Odds On social media, people have … Read more
Digital Hive has completed the second phase of development for its mining site in Yguazú, Paraguay, reporting an increase in its hashrate to 18 EH/s. Luke Rossy, Hive’s COO, emphasized that this goal was achieved in record time, with the company entering Paraguay in June 2024. Hive Digital Thrives in Paraguay, Reaches Bitcoin Mining Milestone … Read more
Applied Digital’s $11B HPC deal puts it in the same league as Core Scientific and TeraWulf. But is the market sleeping on it? Applied Digital’s $11B CoreWeave Pact The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Sept. 5, 2025, … Read more
After vaulting past the 1 zettahash per second (ZH/s) threshold, Bitcoin’s mining difficulty climbed 4.89% to reach an all-time pinnacle of 136.04 trillion. This adjustment, paired with softened bitcoin prices, has tightened the squeeze on mining participants. Mining Just Got Harder: Bitcoin Pushes Difficulty to Lifetime Peak According to the seven-day simple moving average (SMA) … Read more
According to recent metrics, bitcoin miners sustained solid earnings results in August, capturing revenue nearly on par with July’s tally, or marginally above, with earnings ranging from $1.633 billion to $1.66 billion. Bitcoin Fees Inch Higher While Miners’ Locked in $1.63B–$1.66B Last Month At the time of writing, data from mempool.space and Johoe’s mempool tracker … Read more
Many view holding GRYP shares as a pre-public opportunity to participate in the Trump family’s “ Bitcoin bet.” But should you buy in before American Bitcoin officially merges with Gryphon Digital Mining? The Gryphon-American Bitcoin Merger The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and … Read more
Yesterday, Bitcoin’s total hashrate ran hot, topping out at 986 exahashes per second (EH/s); since then, it has leapt into the 1 zettahash range (ZH/s). If that computational might holds, the zettahash era could become a normal fixture going forward. Zettahash Vibes: Bitcoin Hashrate Roars to a One-Sextillion-Hash Pace Bitcoin’s hashrate is humming at a … Read more
Australian Bitcoin miner IREN has declared fiscal year 2025 its “breakout year,” reporting a surge in revenue from $187.2 million to $501 million and reversing a prior net loss to a record $86.9 million in profit. CEO Highlights Operational Expansion IREN, an Australian Bitcoin miner, has described the financial year ending June 30, 2025, as … Read more
