Report: Bitcoin Miners Sitting on 100K BTC Fortune — But Owe $4.6B
According to a recent report, bitcoin mining companies privately run or traded on the stock market now hold over 100,000 BTC in their accounts. But there’s a catch — these…
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Bitdeer’s Bitcoin Mining Chip Achieves 9.7 J/TH Efficiency, A3 Mass Production Slated for Late 2025
Bitdeer Technologies Group announced its SEAL03 wafer achieved a record 9.7 joules per terahash (J/TH) efficiency during testing, while confirming plans to begin mass-producing its Sealminer A3 mining rigs in…
Bitcoin Mining Costs Expose Deep Divides as Price Trades Below $82K
As bitcoin trades at $81,626—just shy of the $82,000 mark—disparities in mining costs among leading public firms expose striking operational differences, with some companies extracting bitcoin at a fraction of…
Bitcoin Hashprice Tumbles as Miners Brace for Tougher March
Bitcoin’s hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to its current value of $49.81 over the past…
US Loosens Grip on Seized Bitcoin Mining Rigs, but Many Remain Confiscated
U.S. authorities have begun releasing seized bitcoin mining equipment after months of scrutiny over Chinese-made chips. Thousands of units are freed, but many remain held. US Starts Releasing Seized Bitcoin…
Report: Belarus Eyes Cryptocurrency Mining to Harness Nuclear Surplus
Belarus is reportedly exploring cryptocurrency mining using surplus nuclear energy, following economic strategies pioneered by nations like Bhutan, according to a report by the Belarusian Telegraph Agency (BelTA). Surplus Electricity…
Hut 8 Reports $80.7 Million in Crypto Revenue, Bitcoin Reserve Rises to 10,171 BTC
Hut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded its bitcoin reserve to 10,171 BTC and secured…
HIVE Digital Targets 4x Hash Rate Growth & $100M HPC Revenue – Will It Take Off in 2025?
HIVE Digital plans to grow its hash rate 4x by September 2025, potentially placing it among the top 10 public Bitcoin miners by size. Simultaneously, it has $100M ARR target…
CleanSpark Fiscal Q1 2025 Earnings Analysis: Strong Execution, But Stock Showed Little Reaction
CleanSpark delivered an outstanding financial quarter, but its market performance didn’t reflect the same strength. This analysis breaks down key financials, operational insights, and strategic directions to understand the full…
As February Winds Down, Bitcoin Miners See a $190M Drop in Revenue
According to the most recent data, Bitcoin’s hashrate has dipped beneath the 800 exahash per second (EH/s) threshold, coinciding with a 30-day low in mining revenue, commonly referred to as…
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