Bitcoin $115,141.95 BTC miners once again performed exceptionally well in July, with profitability reaching its highest since the last halving, according to a research report released Friday by Wall Street bank JPMorgan (JPM). “Bitcoin miners earned an average of $57,400…
The Bitcoin network continues to expand at an industrial scale, with power-hungry mining rigs fueling unprecedented growth in power consumption even as transaction flow slows to a crawl. However, the network appears to be under strain as growth in hashrate…
According to the company's latest quarterly report, MARA acquired Teraflux Bitcoin miners from Silicon Valley startup Auradine in the first half of 2025 for $73.3 million. This post from Theminermag, a specialist publication for the cryptocurrency mining sector, covers the…
London Bitcoin Company has officially reached a significant milestone in its mining history. As of July 31, the company has over 1,000 active Bitcoin miners across multiple sites in North America. The announcement was made on Thursday, with the upgrade…
Data centers and hosting providers in Russia are required to provide tax authorities with all necessary information about cryptominers using their services. The tax service's new directive comes as the Russian government prepares to impose restrictions on the use of…
According to fresh data from onchain, the top ten Bitcoin mining pools currently control a whopping 94.2% of the global hashrate, with their wallets holding a combined $6.52 billion in Bitcoin. The Secret Hoards of Leading Bitcoin Mining Pools and…
Analysts at investment firm Compass Point reiterated their “neutral” rating on Marathon Digital on Wednesday, noting that the company's focus on preparing for the next bitcoin halving relies on unproven approaches that may be difficult for investors to immediately evaluate.…
Shares of bitcoin miner MARA Holdings (MARA) rose nearly 4% in after-hours trading as the company reported record second-quarter revenue that beat Wall Street expectations. According to MARA's financial data, revenue was $238.5 million, up 64% from $145.1 million in…
Recently, an independent miner achieved a significant victory by independently solving block 907,283 and receiving a reward of $373,000 in one go. This achievement is truly impressive, considering the incredible difficulties the miner had to overcome. The probability of lightning…
Privacy-focused cryptocurrency network Monero (XMR) is facing a possible dominance bid from a new blockchain project, Qubic, led by IOTA co-founder Sergey Ivancheglo (CFB). Qubic encourages CPU mining of Monero to support its token economy through an innovative system known…