X @CoinDesk

Market Trends - Bitcoin surged to $123K all-time high, impacting mining economics [1][2] - Hash price reached $60 per petahash per day [2] - Ultra-low transaction fees are referred to as "Baja Blast Summer" [1] Company Strategy & Financials - Bit Digital is raising $67.3 million for an Ethereum pivot [2] - WhiteFiber IPO prospectus indicates $47.6 million in 2024 HPC revenue [2] - Public miner executive compensation totaled $14.4 million in 2024 [2] Mining Operations - BIT Mining is expanding into Ethiopia [1] - Ethiopia data centers consume 30% of the country's energy [2]