The Bitcoin mining industry is becoming increasingly competitive as the network hashrate reaches an all-time high (ATH). At the end of March 2025, the Bitcoin hashrate reached 850 million TH However, alongside this impressive growth, the industry faces rising production…
Australian Bitcoin mining company IREN is changing its growth strategy, shifting its focus from BTC mining to AI data center businesses and AI cloud services. “As we complete the expansion of mining to 50 EH/s, our focus turns to the…
Eric Trump and Donald Trump Jr. have officially entered the Bitcoin mining space, joining forces with Hut 8 to create “American Bitcoin,” a new mining company that aims to be the largest and most efficient in the world. The announcement,…
In the Bitcoin mining space, recent advances in technology have pushed productivity to record levels over the past year. While big players like Bitmain continue to hold the lead, newcomers like Bitdeer and Auradine have confidently entered the competition for…
Soluna Holdings and Luxor Technology have teamed up with Bitmine Immersion Technologies to implement a turnkey Bitcoin mining solution, tripling operational capacity while reducing risks associated with fluctuating energy prices and equipment costs. Bitmine triples its mining output thanks to…
Smoke from Nicaraguan cigars filled the room as a massive Bitcoin miner from the Deep South described how the sector is growing exponentially. “You have no idea,” he said at this year’s Mining Disrupt pre-party in Fort Lauderdale, Florida, before…
Cango Inc. has shifted its focus from car trading to Bitcoin mining and is now aiming to reach 50 EH/s by early 2025. With its growing BTC supply, as well as Tencent’s institutional investor backing and ties to Bitmain, could…
Bitcoin's computing power reached a record high of 862 exahashes per second (EH/s) on Friday, surpassing the previous high of 852 EH/s set in early February. Bitcoin Network Resources Are Being Activated On March 28, the overall network processing speed…
Bitcoin (BTC) supporters often claim that it is the most decentralized cryptocurrency, but the reality may be different. Onchain statistics show that only two Bitcoin mining pools have mined more than 51% of all BTC over the past three years.…
A solo miner who successfully mined block 888,737 of Bitcoin last month and received a reward of $266,000 in Bitcoin has shared his story with mining hardware developer FutureBit, whose Apollo devices played a key role in achieving the feat.…