CryptoX – Cryptocurrency Analysis and News Portal Savvy Mining now lets users mine BTC with XRP, SOL, offering up to $10k daily passive income. #partnercontent Source The post Why XRP and Solana holders are turning to SAVVY MINING’s cloud mining for stable income appeared first on CryptoX. CryptoX Portal
CleanSpark is pushing back against U.S. Customs’ claim that it owes $185 million in retroactive tariffs for allegedly importing Chinese-made Bitcoin miners in 2024. The dispute comes amid the company’s record-breaking earnings. According to an August 8 report from TheMinerMag,… Source CryptoX Portal
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Key Notes Multiple US Bitcoin miners including IREN face similar customs disputes totaling hundreds of millions in potential tariff liabilities. CleanSpark’s stock declined over 5% despite reporting strong Q3 results with $198.6 million revenue and $257.4 million net income. Industry-wide scrutiny prompts Bitmain to consider US manufacturing facility as mining companies reassess supply chain strategies. The US public bitcoin mining company CleanSpark Inc. (NASDAQ: CLSK) is confronting a potential tariff liability of up to $185 million after the US Customs and Border Protection (CBP) alleged that the company’s Bitcoin mining…
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Canaan has withdrawn from two of its bitcoin mining locations—Kazakhstan and an underperforming hosting site in South Texas—as part of a shift to optimize its operations. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. The China-based miner manufacturer […] Original
Gemini co-founders Cameron and Tyler Winklevoss have made an undisclosed investment in American Bitcoin Corp., a mining firm partly owned by US President Donald Trump’s sons Eric and Donald Jr. Speaking to Bloomberg, Hut 8 CEO Asher Genoot said the… Source CryptoX Portal
Key Notes UK energy firm will use on-site gas generation for cryptocurrency mining without traditional grid dependency. Bitcoin network hashrate exceeded 1 ZH/s in August 2025, creating competitive conditions favoring low-cost operations. Union Jack shares gained 1% following the announcement, reflecting positive investor sentiment toward the strategy. Union Jack Oil plc, a UK-based onshore hydrocarbon production company, announced plans to utilize natural gas from its West Newton field to power on-site Bitcoin mining operations. The company holds a 16.665% stake in the West Newton discovery area, and it is working…
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: Union Jack Advances Crypto Mining Venture Union Jack (AIM: UJO), holding a 16.665% stake in license PEDL183, announced […] Original
Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini, have reportedly invested in American Bitcoin, the mining company tied to the US President Donald Trump’s family. According to a Thursday Bloomberg report citing Hut 8 CEO Asher Genoot, the Winklevoss twins invested an unknown amount in American Bitcoin, the mining company co-founded by Donald Trump Jr., Eric Trump, and others. The company said in May that it was planning to go public through a merger with Gryphon Digital Mining. The reported investment was the latest connection between the Gemini…