Major Bitcoin Sale by Mining Company Riot Platforms, the Bitcoin mining and data center operation, made a significant move in December 2025. They sold off 1,818 Bitcoin for about $161 million. That sale brought their total Bitcoin holdings down to 18,005 BTC. At current market prices, that’s still worth around $1.7 billion, which is nothing…
Nvidia CEO describes intense AI computing race Nvidia CEO Jensen Huang spoke at a company event in Las Vegas this week, and his message was pretty straightforward. He said demand for computing resources is skyrocketing. That’s his word, not mine. The reason? Artificial intelligence models are advancing so quickly that everyone’s scrambling for more processing…
Tajikistan’s new mining law brings criminal penalties Tajikistan’s parliament made a significant change to their legal system on December 3rd. They amended the Criminal Code to specifically target electricity theft for cryptocurrency mining. This isn’t just about fines anymore – it’s about criminal charges. The new legislation, Article 253, replaces what used to be administrative…
Bitcoin network sees significant hashrate decline I was looking at the Bitcoin network data this morning, and something caught my eye. The hashrate—that’s the total computing power securing the network—dropped by about 8% in just 24 hours. That’s not a small fluctuation; it represents roughly 100 exahashes per second going offline. When you see numbers…
Profit margins collapse across mining industry November 2025 turned out to be a brutal month for Bitcoin miners. I think we saw something pretty significant happen here—profitability dropped to levels that just don’t make sense for most operations anymore. The hash rate fell below $35 per petahash per second, which sounds technical but basically means…
Public Launch After Private Testing DMND, a mining pool that’s been operating in private mode for select miners earlier this year, has now opened its doors to everyone. The platform, which centers around Stratum V2 technology, is accepting registrations from all interested miners. This marks the transition from their limited private launch to a full…
Inside the American Bitcoin Mining Operation Eric Trump recently gave the crypto community a behind-the-scenes look at American Bitcoin’s mining facility through a video shared on social media. The footage showed extensive rows of high-performance servers, all using liquid cooling systems to handle the intense computational workload. According to Trump, the facility operates approximately 35,000…
Strong Quarterly Performance American Bitcoin, the mining company with ties to the Trump family, reported some pretty solid numbers for the third quarter. They actually turned a profit of $3.47 million, which is quite a shift from the $576,000 loss they had during the same period last year. What’s more interesting is that their revenue…
Bitcoin Miners Face Financial Strain Bitcoin miners are experiencing significant financial pressure as the hash price—a key profitability metric—has dropped to concerning levels. The current hash price sits at $42 per petahash per second, which represents a more than 30% decline from July’s figure of roughly $62. This drop comes at a particularly challenging time…
Cango’s Dual Strategy for Growth Chinese automotive platform Cango, which shifted to Bitcoin mining about a year ago, is now taking a two-pronged approach to its technology operations. The company plans to strengthen its existing Bitcoin mining business while also entering the artificial intelligence high-performance computing market. This move represents a significant expansion of their…
