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 equity issuance while Riot relied more on debt financing and…
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Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its…
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 26, roughly 44.8 EH/s has vanished. Bitcoin Hashprice Falls 11.65%…
Trump-Backed American Bitcoin Nears Public Listing as Gryphon Sets Merger Vote Schedule
American Bitcoin Corporation (ABC), the Trump family-backed Bitcoin mining firm, is nearing completion of its backdoor merger with Gryphon Digital Mining to go public on Nasdaq. This article is from…
Decoding WhiteFiber’s IPO: Bit Digital’s AI Infrastructure Arm Steps Into the Spotlight
WhiteFiber, Bit Digital’s (BTBT) HPC/AI subsidiary, just launched its IPO under WYFI. I dug into the filings to break down key details and what it means for both companies. A…
Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving
Bitcoin miners struck gold in July, hitting their highest earnings since the April 2024 halving. In fact, July’s mining income jumped approximately 19.42% higher compared to June. Bitcoin Miners Rejoice…
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 2025, according to the company’s latest quarterly filing. This article…
Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results
Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over…
Top 10 Miners Dominate 94% of Hashrate and Hoard Over 55,000 BTC
According to the latest onchain stats, Bitcoin’s top ten mining pools currently control a hefty 94.2% of the global hashrate — and they collectively hold $6.52 billion in bitcoin across…
Monero Under Pressure: Qubic’s Dual‑Mining Model Tests Community’s Nerves
Monero’s privacy‑centric blockchain is bracing for what could be the first true economic 51% attack as rival project Qubic lines up enough hashpower to test network control from Aug. 2…
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