Bitcoin Mining Stocks Continue Rally as Applied Digital Leads Friday’s Gains
Bitcoin-mining stocks closed higher Friday, with Applied Digital Corporation jumping 22.18% to top the leaderboard. Bitcoin Miners Rally as Volatility...
Mining
Bitcoin’s Hashrate Hits New Peak as Miners Ride Price Wave
Riding bitcoin’s climb to levels last glimpsed in early February, the network’s raw processing muscle has rocketed to a record-setting...
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global...
Bit Digital Aims for $500M Raise to Fuel HPC, Cloud Expansion
Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated...
Bitcoin Miners Bleed $40M in April as Fourth Straight Revenue Drop Deepens the Crunch
Bitcoin miners brought in $40 million less in revenue during April than they did in March, marking the fourth straight...
Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW
Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there...
Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy
The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling...
Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July
A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1...
After Nearly 100 EH/s Exodus, Block Times Stretch to 10:34—What’s Next for Bitcoin Miners?
Over the past week, data reveals that the Bitcoin blockchain has witnessed the departure of nearly 100 exahash per second...
LAX Cargo Theft Unveiled: LAPD Catches Suspects Behind $2.7M in Stolen Bitcoin Miners
A local news outlet reports that two individuals tied to a South American theft ring were apprehended in Los Angeles...
Alert: Bitcoin Mining Could Collapse Paraguay’s Power Grid by 2029
The Paraguayan Industrial Union (UIP) stated that if demand continues to rise due to the growth of bitcoin mining activities,...
Russia May Expand Bitcoin Mining Restrictions to Additional Regions
Three more regions in Russia have applied to join others in limiting bitcoin mining activities due to the high energy...
Hashprice Below $40? Mining Report Paints a Stark Picture for Bitcoin Miners
Bitcoin miners face the tightest margins since 2023, warns theminermag.com’s Head of Research Wolfie Zhao, as hashprice flirts with critical...
Bitcoin Miners Press on as Difficulty Climbs 1.42% in Early Saturday Adjustment
Around 4 a.m. Eastern time Saturday, when Bitcoin’s block height reached 893,088, the network difficulty ratcheted upward to a new...
Auradine Raises $153M in Series C to Boost Blockchain and AI Infrastructure
Auradine, a U.S.-based firm in energy-efficient blockchain and artificial intelligence (AI) infrastructure, has raised $153 million in a Series C...
Report: Bitdeer Eyes US Bitcoin Mining Rig Production as Industry Navigates Tariff Uncertainty
Publicly listed bitcoin mining company Bitdeer is preparing to manufacture its mining equipment in the United States, a move shaped...
Tether to Use Ocean for Decentralized Bitcoin Mining
Ocean is a decentralized bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr in 2023 and backed by...
Senate Democrats Propose Emissions Caps on Crypto Mining and AI Data Centers
Democratic Senators Sheldon Whitehouse and John Fetterman introduced the “Clean Cloud Act of 2025” this week, proposing regional emissions limits...
Trump Tariff Relief Covers Consumer Tech; Bitcoin Miners May Face Classification Hurdles
U.S. President Donald Trump disclosed over the weekend that certain electronic devices will be exempt from the ongoing tariffs imposed...
Top Bitcoin Mining Stocks Close the Week Higher After Tariff-Driven Dip
Financial markets shimmered with cautious optimism as U.S. equities closed positively Friday, with the Nasdaq Composite rising 2.06% and the...
Zettahash on the Horizon: Bitcoin’s Hashrate Nears 1 ZH/s as Miners Face Squeeze
As bitcoin’s valuation languishes near its weakest point since last year—with hashprice, the projected daily earnings for one petahash per...
900 EH/s and Counting: Bitcoin Network Power Reaches Unprecedented Heights
Bitcoin’s hashrate has soared to unprecedented heights, hitting an astonishing 900 exahash per second (EH/s) as of April 6. 900...
