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 late 2025. With 9.7 J/TH Milestone, Bitdeer Advances Sealminer A3 Toward 2025 Rollout The SEAL03 chip, designed for Bitdeer’s next-generation Sealminer A3 machines, demonstrated its […]
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 the network’s estimated average. Mining Bitcoin for Profit? It Depends on Who’s Paying the Power Bill On March 11, 2025, bitcoin’s spot price settled at […]
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 seven days. Meanwhile, Bitcoin’s total hashrate bounced back impressively from its Feb. 25 low, adding over 41 exahash per second (EH/s) to reach the present […]
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 Mining Equipment U.S. authorities have started releasing some of the cryptocurrency mining equipment that had been seized in recent months, Reuters reported on March 5. […]
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 Could Fuel Belarusian Crypto Boom President Alexander Lukashenko has directed officials to explore cryptocurrency mining as a means to utilize the country’s surplus electricity, generated […]
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 a $125 million partnership with Bitmain. Hut 8 Expands Bitcoin Mining and Digital Infrastructure with $125M Bitmain Deal Hut 8 Corp., a bitcoin mining and […]
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 for HPC. Is this small-cap miner an overlooked opportunity? HIVE Digital Sets Sights on Expansion and HPC Revenue The following guest post comes from Bitcoinminingstock.io, […]
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 picture. CleanSpark Executive Overview: Strong Execution Amid Market Ambivalence The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, […]
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 hashprice. As of Friday, the hashprice is hovering just below $50 per petahash per second (PH/s), marking a notable decline in miner profitability. Bitcoin Miners […]
Singapore-based mining firm Bitdeer has acquired 50 BTC for $4 million at an average price of $81,475, according to a Feb. 28 X post. This brings the company’s total bitcoin holdings to 1,011 BTC. Over the past six days, Bitdeer has purchased 150 BTC with earlier purchases of 50 BTC each on Feb. 23 and […]