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Mining
Block Targets Mining Decentralization With Air-Cooled Proto Rig Delivering up to 819 TH/s
This week, Block, Inc. (NYSE: XYZ) launched Proto Rig, a modular bitcoin mining system designed for durability, and Proto Fleet, a free open-source management platform, marking a strategic push to decentralize mining hardware and software.…
KULR Q2 2025: Bitcoin Gains Drive $8.14M Net Income Despite Wider Operating Loss
KULR Technology Group booked a net income of $8.14 million in the second quarter of 2025, fueled mainly by gains from its bitcoin holdings. KULR Leverages Bitcoin for $8.14M Gain; Revenue up 63% in Q2 KULR, which joined the Russell 3000…
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 Texas, bringing the facility to its full 83 MW capacity. Galaxy Moves Miners to Soluna Site as Helios Transitions…
Cango Acquires Georgia Bitcoin Mining Facility for $19.5 Million
Cango Inc. has acquired a fully operational 50-megawatt (MW) bitcoin mining facility in Georgia, U.S., for $19.5 million. Cango Acquires 50 MW Bitcoin Mine The New York Stock Exchange-listed company (NYSE: CANG) announced the acquisition on…
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 of mining rigs pull in serious profits—these are the top 50 machines doing it best in August 2025. Power,…
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 further, hitting 976 EH/s—just 24 EH/s shy of the colossal 1 zettahash per second (ZH/s) threshold. Bitcoin’s…
Union Jack Oil Plans Bitcoin Mining Using Stranded Gas, Considers BTC Treasury
UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if the initiative succeeds. Onshore Gas to Bitcoin:…
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% in 30 Days Hashrate has dipped 4.75% over the past eight days,…
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 With July Windfall Bitcoin’s…
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 to Aug. 31, next week. From Idle CPUs to Potential…