Soluna’s Project Kati 1 to Reach 83 MW With Galaxy Bitcoin Miner Deployment
Galaxy Digital will deploy 48 megawatts (MW) of its bitcoin mining equipment at Soluna Holdings’ Project Kati 1 site in...
Mining
Bitcoin Hashrate Cools After Record as Difficulty Bites
Four days ago, Bitcoin’s hashrate hit an all-time high of 976 exahash per second (EH/s), but it has since cooled,...
Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down
Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining...
Inside the Powerhouse: The 50 Most Profitable Bitcoin Miners, Aug. 9-10, 2025
At today’s bitcoin price and network difficulty, and with electricity costs set at just $0.02 per kilowatt-hour, a select group...
Bitcoin Miner Cleanspark Posts Record $257M Profit, Faces $185M Tariff Dispute
In Q2 of 2025, U.S. bitcoin miner Cleanspark reported a revenue of $198.6 million, marking a 90% increase from $104.1...
Bitcoin’s Hashrate Roars to 976 EH/S — Just a Hair From 1 ZH/s Glory
On Friday afternoon, after powering up to 970 exahash per second (EH/s) the day prior, Bitcoin’s computational force cranked even...
Bitcoin’s Hashrate Blasts to 970 EH/s as Mining Power Hits Insane New Record
On Thursday, as bitcoin bounced back from recent lows, the network’s computing firepower hit a record-breaking 970 exahash per second...
MARA, Riot Diverge on Bitcoin Mining Financing in Q2
Two of the largest U.S. Bitcoin mining giants took contrasting approaches to capital raising in Q2, with MARA ramping up...
Mining Crunch? Bitcoin Hashrate Slides Below 900 EH/s
Eight days ago, the network hit a peak of 943 exahash per second (EH/s). Since that high point on July...
Auradine Shipped $73M Worth of Bitcoin Miners to MARA in H1 2025
MARA received $73.3 million worth of Teraflux Bitcoin miners from Silicon Valley chip startup Auradine during the first half of...
Bitcoin Mining Giant Mara Completes $950M Deal to Buy More BTC
The world’s largest publicly-traded bitcoin miner is also the world’s second-largest bitcoin holder among publicly listed companies. Mara Secures $950M...
Bitcoin’s Hashrate Brushes All-Time High as Miners Close in on June Peak
Bitcoin’s computing power crept right up to its June 13 peak of 946 exahash per second (EH/s), brushing against it...
Is Cango a Bitmain Proxy? Here’s What I Found
CANG just became the 4th largest public Bitcoin miner by hash rate. But after a recent leadership shakeup, is it...
Miner Weekly: Bitmain Funnels 187 Tons of Antminer Parts to Skirt US Tariffs
Bitmain, the world’s largest Bitcoin mining rig manufacturer, is stepping up its U.S.-bound shipments of electronic parts as it adapts...
Mawson CEO Fired for Cause Amid Accusations of Fraud and Misconduct
Bitcoin mining and colocation provider Mawson Infrastructure has terminated its CEO and President, Rahul Mewawalla, for cause, accusing him of...
Is MARA Becoming a Shadow Bank Through Its Bitcoin Treasury Strategy?
Is MARA mining, HODLing, or Banking? With 15% of its Bitcoin treasury out on loan, MARA Holdings is starting to...
Theminermag Bitcoin Mining Update: June/July 2025
The Bitcoin mining sector has seen dramatic shifts in recent weeks—from sharp hashprice swings and network curtailments to growing signs...
Bit Digital Eyes $67.3M Raise to Expand Ethereum Holdings in Continued Treasury Shift
Bit Digital (Nasdaq: BTBT) is deepening its strategic pivot toward Ethereum, announcing a $67.3 million direct share offering with proceeds...
Q3 Bitcoin Mining Map Exposes Silent Surge in Russia, China, While US Dips Slightly
As the second quarter of 2025 wound down, the U.S. held onto its top spot for the highest share of...
Bit Mining Shifts Strategy, Enters Solana Ecosystem With $300M Plan
Another bitcoin mining firm is pivoting. Bit Mining Limited announced a strategic expansion into the Solana ecosystem, planning a treasury...
KULR Mining Hits 750 PH/s With New Bitmain Mining Rigs Stationed in Paraguay
KULR Technology Group Inc. (NYSE American: KULR) has expanded its bitcoin ( BTC) mining operations, the company announced July 9....
Core Scientific Crashes After CoreWeave Acquisition News – What Spooked Investors?
CoreWeave’s (CRWV) $9B all-stock deal to acquire Core Scientific sent CORZ shares tumbling. Why did investors reject the merger? Here’s...
