946 Exahash—Miners Push Bitcoin to New Computational Heights Despite Pay Drop
At block height 901,152 on Friday, the Bitcoin network logged its 12th difficulty adjustment of the year, slipping a slight...
Mining
Russian Truck-Based Crypto Mine Busted for Power Theft in Buryatia
Authorities in Russia’s Republic of Buryatia have uncovered an illegal cryptocurrency mining operation hidden inside a KamAZ truck siphoning electricity...
Can Bitcoin fix Pakistan’s energy problem? The 2,000 megawatt mining strategy explained
The idle power paradox and Pakistan’s Bitcoin energy plan As of March 2025, Pakistan boasted an installed power capacity of...
Librarian Ghouls hacker group targeting Russians to mine crypto
Cybersecurity firm Kaspersky says the Librarian Ghouls may be hacktivists, based on their reliance on legitimate, third-party utilities, a technique...
Eric Trump’s American Bitcoin Amasses 215 BTC Reserve
American Bitcoin, a Bitcoin mining firm backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr.,...
Tether to Open Source Bitcoin Mining Operations by Q4 2025
Stablecoin issuer Tether plans to open-source its Bitcoin mining software, a move the company said would allow new miners to...
Illegal Mining and Policy Gaps Stall Malaysia’s Crypto Growth
Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the...
Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs...
From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record
Bitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 31, but in the days since then, the...
SHA256 Strikes Back: Bitcoin’s Mining Algorithm Reclaims the Throne in 2025
When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick...
Solo Bitcoin Miner Wins $330K Block as Difficulty Hits Record 126.98T
A solo Bitcoin miner successfully mined block 899,826, earning a reward worth $330,386, a rare feat amid record-high network difficulty.According...
Ukraine arrests alleged cryptojacker for breaching 5K accounts
Ukrainian police have arrested a man and accused him of hacking the accounts of an international hosting company and using...
Pakistan Crypto Minister Meets Trump’s Digital Assets Chief
Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with Robert “Bo” Hines, executive director of US...
Riot Hires Data Center Chief as Bitcoin Miner Ramps Up HPC and AI Hosting Plans
Riot Platforms (NASDAQ: RIOT) has appointed Jonathan Gibbs as its new Chief Data Center Officer (CDCO) as the company pushes...
Bitcoin Miner Riot Sees 139% Yearly Increase in Daily BTC Production
In May, bitcoin miner Riot Platforms produced 514 bitcoins, marking an 11% increase from the 463 mined in April and...
Mara mined 950 Bitcoin in May, up 35% from April
Mara Holdings, one of the largest publicly traded Bitcoin mining companies in the United States, significantly increased BTC production in...
Cango produced $100M of Bitcoin two months after mining pivot
Bitcoin mining company Cango produced nearly $100.5 million worth of Bitcoin in the two months following its full pivot to...
Patent hoarder sues BTC miners over Bitcoin using its IP
Malikie Innovations, a firm that acquired tens of thousands of patents from BlackBerry in 2023, has sued major Bitcoin mining...
Bitcoin Miners Bank Big in May—Highest Monthly Earnings Since the Halving
Figures logged in May show that bitcoin miners achieved their most lucrative month since the network’s fourth halving in April...
943 EH/s and Climbing: Bitcoin’s Mining Power Nears Historic Threshold
With bitcoin’s price consolidating following the all-time high (ATH), the network’s computational power has reached an unprecedented zenith, touching a...
IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan
The International Monetary Fund (IMF) has raised concerns over Pakistan’s decision to allocate 2,000 megawatts of electricity for Bitcoin mining...
Theminermag Bitcoin Mining Update: April/May 2025
This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research...
