Category: Mining
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From Terahash to Petahash: Inside 2025’s Most Powerful Bitcoin Mining Rigs
[ad_1] The evolution of bitcoin mining machines in 2025 came down to an unyielding chase for leaner energy use paired with massive gains in computational muscle, all centered on the application-specific integrated circuit (ASIC) market. What follows is a rundown of the top five bitcoin mining machines as the year wraps up and the industry…
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2025: The Year Bitcoin Mining Reached Zettahash Scale and Redefined Network Security
[ad_1] Bitcoin’s mining sector spent 2025 rewriting the record books, powering the network from an already massive 801 exahashes per second at the start of the year into the historic zettahash era by September. Bitcoin’s Miners Powered Through Thin Fees This Year but Still Broke Into the Zettahash Era Bitcoin’s 2025 mining story begins with…
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Bitmain Advertises Steep Discounts on Hardware to Miners Amid Industry Rout
[ad_1] Bitmain, the largest manufacturer of application-specific integrated circuits (ASICs), the machines used to mine proof-of-work (PoW) cryptocurrencies, has reportedly slashed prices on several generations of mining hardware amid sector-wide turmoil for the mining industry. The company is offering bundle deals and discounts across the board, including on its S19 and S21 series machines that…
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Tether Pauses Bitcoin Mining In Uruguay Over Rising Costs
[ad_1] Tether, issuer of USDT, the world’s largest stablecoin, has halted Bitcoin mining operations in Uruguay because of rising energy costs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson told Cointelegraph on Friday, adding that the company remains committed to its long-term projects in Latin America. The confirmation came weeks…
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Why Tajikistan Is Cracking Down on Crypto Mining and Power Theft
[ad_1] Key takeaways Tajikistan has criminalized the use of stolen electricity for cryptocurrency mining, introducing fines of up to $8,250 and prison sentences of up to eight years. The move follows an energy crisis in which widespread power shortages and reportedly illegal mining have caused millions in losses and infrastructure damage. The country joins a…
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Tether-Linked Entities Reportedly Bought Northern Data’s Bitcoin Mining Unit
[ad_1] Companies controlled by senior executives at Tether were reportedly among the buyers of Peak Mining, the bitcoin mining arm sold by Northern Data, which is majority owned by the stablecoin giant. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin…
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Recent Bitcoin Miner Troubles Could Be Bullish for BTC Price
[ad_1] Bitcoin’s hashrate fell 4% over the month to Dec. 15, which could be a positive sign for the cryptocurrency’s price in the months ahead as miner capitulation is “historically a bullish contrarian signal,” VanEck analysts say. “When hash rate compression persists over longer periods, positive forward returns tend to occur more often and with…
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Bitcoin miners are bleeding at $90,000, but the “death spiral” math hits a hard ceiling
[ad_1] Bitcoin’s “miners are dumping” story is comforting in the way simple stories always are. Price slides, miners run out of oxygen, coins hit exchanges, and the price is shoved around by a single, easy villain. But miners are not a single actor, and selling pressure isn’t just a mood. It’s math, contracts, and deadlines.…
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Bitcoin Mining Stocks End Friday Strong as a Choppy Year-End Awaits
[ad_1] The market cap of bitcoin mining stocks climbed 9.43% on Friday, finishing the session with every one of the top ten publicly traded miners by market value in the green, including three names that logged double-digit advances. With just one week left on the 2025 calendar, nearly the entire mining cohort — save for…
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How Cheap Power Made Libya a Bitcoin Mining Hotspot
[ad_1] Key takeaways Libya’s cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners. At its peak, Libya is estimated to have generated around 0.6% of the global Bitcoin hash rate. Mining operates in a legal grey zone, with hardware imports banned but no clear law governing mining itself. Authorities now link…