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Tag: Mining
Hive Posts $45.6M in Total Revenue, Fueled by Bitcoin Mining Boom
Hive Digital Technologies reported its strongest quarterly performance to date for the first quarter of fiscal year 2026, ending June 30, with $40.8 million in digital currency mining revenue. Digital Currency Mining Revenue Surges Bitcoin miner Hive Digital Technologies (Nasdaq: HIVE) has posted its “strongest” quarterly performance to date, driven by surging bitcoin ( BTC) […] Original
Top 5 Bitcoin Mining Stocks to Watch in 2025
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has been on a steady climb since the end of 2022. And if you feel like you’ve missed the boat on BTC, Bitcoin mining stocks might offer a second chance. But this begs the question—which Bitcoin miners are actually legit, and how high could their stocks realistically go? So today we’ll explore 5 Bitcoin mining stocks you should have on your radar, taking a close look at each company’s history, mining power, and strategy. Make no mistake, this is a video…
AI power crunch may lead to more institutional investment in Bitcoin Mining
Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the next decade. AI data centers with deep capital reserves are beginning to outbid miners for power infrastructure, with more Bitcoin (BTC) miners getting “priced out” or deprioritizing mining activities, according to a July 31 research report from Bitcoin mining infrastructure provider GoMining Institutional. Still, the flexibility of Bitcoin miners allows them to expand into more off-grid locations with a lack of…
Australia’s Most Spectacular Mines | MEGA PITS
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Australia is home to 379 mines, both open-pit and underground. Covering 7.7 million square kilometers, the country is one of the world’s largest producers of copper, iron ore, gold and other key resources. In the video, we explore some of the most spectacular mines in Australia, from Ernest Henry and Olympic Dam to Mount Arthur Coal, Telfer, Kalgoorlie “The Super Pit” and many more. #australia #openpit #mining ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
American Bitcoin Orders Bitmain Mining Rigs Amid Trade Tensions
American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month. The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per second (EH/s) of computing power, for about $314 million, according to TheMinerMag. The deal also excluded any potential price increases from the Trump administration’s sweeping trade tariffs and import duties, which will impact Bitmain mining…
Block Inc. Unveils Long-Life Bitcoin Mining System
Bitcoin-focused fintech company Block Inc. has introduced a new cryptocurrency mining system designed to extend the lifespan of mining rigs and lower operational costs — a potential boost for miners facing steep capital expenditures to maintain facilities. At the center of the launch is Proto Rig, a modular system that replaces the traditional three-to-five-year mining rig life cycle with hardware built to last a decade or more, Block announced Thursday. Instead of discarding entire units, miners can swap out individual hashboards as technology improves, potentially cutting upgrade costs by up…
The Future of Mining: Insights From EMCD Founder and CEO Michael Jerlis
EMCD is one of the largest ecosystems for miners and crypto investors in Eastern Europe. The EMCD ecosystem includes a mining pool ranked among the world’s top 7, a multi-currency wallet, the Coinhold service for passive income, and a P2P exchange platform. Michael Jerlis is the Founder and CEO of EMCD. He recently joined the […] Source CryptoX Portal
Trump Jr.-Tied Firm Gets $50M for Crypto Buys, Mining Rigs
Thumzup Media Corporation, a social media marketing-turned-crypto-buying firm, plans to boost its crypto holdings and get into crypto mining after raising $50 million from investors. Thumzup said on Wednesday that it would expand its crypto-related strategy “to include large-scale cryptocurrency mining and targeted blockchain investments.” The company said it will use some of the $50 million it raised from a $10 per share offering on Tuesday into “state-of-the-art cryptocurrency mining infrastructure” and was engaging with mining technology providers “to accelerate the buildout.” The firm currently holds 19.1 Bitcoin (BTC) after…
Monero Goes 36 Hours Safe After Qubic Selfish Mining Attacks
Key Notes Qubic pool executed selfish mining with roughly 36% hashrate, causing chain reorganization but not qualifying as true 51% attack. The blockchain shows zero orphaned blocks in recent 24-hour period after previously recording 60 during the disruption. Experts now recommend waiting for 10+ block confirmations due to ongoing vulnerability risks from significant hashrate control. Monero, the leading privacy-focused cryptocurrency, has gone 36 hours safe from another selfish mining attack by the Qubic pool. Selfish mining is a strategy often seen as malicious that occurs when a miner, with a…