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Mining
Hut 8 Secures $330M Credit From Two Prime, Coinbase to Back 1.5 GW US Expansion
Hut 8 plans to develop four large-scale infrastructure sites across the U.S, advancing 1,530 megawatts (MW) of capacity as part of its strategy to grow beyond bitcoin mining into broader digital infrastructure. This article is from…
HIVE to Provide GPU Backbone for Canada’s Sovereign AI Cloud
BUZZ HPC, the high-performance computing unit of Canadian bitcoin miner HIVE, has entered into a preferred partnership with Bell Canada to supply the computing backbone for Bell’s AI Fabric platform. This article is from Theminermag, a…
From Satoshi to Foundry: The Titans of Hash Behind 910,000 BTC Blocks
Since Jan. 3, 2009, the Bitcoin network has mined over 910,000 blocks, with nine well-known mining pools responsible for discovering 48.78% of them. The following highlights the top ten entities that have mined 673,848 blocks, representing…
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:…