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…
Widespread Unauthorized Mining Operations Iran’s cryptocurrency mining sector is grappling with a significant illegal mining problem that’s putting strain on the country’s power infrastructure. According to recent official statements, more than 95% of the nation’s 427,000 active mining devices are operating without proper authorization. That’s a staggering number when you think about it – nearly…
Government Utility Adopts Bitcoin Mining Japan has taken a significant step by integrating Bitcoin mining into its national energy infrastructure. A major regional utility, partly government-owned, is now using specialized mining hardware from Canaan to help balance the country’s power grid. This marks one of the first instances where a national government is directly involved…
Major Crypto Stock Selloff Hits Market Crypto-related stocks experienced significant declines on Wednesday, with bitcoin mining companies that had been riding the artificial intelligence infrastructure wave taking the hardest hits. The selloff was broad-based and affected nearly every corner of the crypto stock universe. Bitfarms, Cipher Mining, Hut 8, and HIVE all dropped between 10%…
Miners Pivot to AI as Bitcoin Growth Slows Bitcoin miners are facing a challenging transition as they shift their business models toward artificial intelligence and high-performance computing. The move comes as bitcoin’s price has only increased by about 10% this year, which is quite modest compared to previous periods. With corporate bitcoin treasury strategies losing…
