Bitcoin mining
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X @The Block
The Block· 2025-08-11 11:25
Tether-backed Rumble eyes $1.17 billion Northern Data acquisition pending bitcoin mining division selloff, stock jumps 20% https://t.co/t6hKf78oP7 ...
X @Cointelegraph
Cointelegraph· 2025-08-08 01:30
Project Overview - Union Jack Oil, a UK-publicly traded company, plans to convert stranded gas wells into Bitcoin mining operations [1] - The project aims to become one of the first "oil-to-crypto" initiatives [1] Corporate Strategy - The company is establishing a corporate Bitcoin treasury strategy [1]
HIVE Digital Technologies Tops 15 EH/s and Provides July 2025 Production Report with 24% Monthly Increase in Production
Newsfile· 2025-08-07 21:04
Core Insights - HIVE Digital Technologies has surpassed 15 EH/s of Bitcoin mining capacity and is on track to reach 18 EH/s by the end of Summer 2025 as part of its Yguazú project [2][4] - The company reported a 24% month-over-month increase in Bitcoin production, mining 203 Bitcoin in July 2025 [3][7] - HIVE's annualized Bitcoin mining revenue has tripled to $315 million since the fiscal year-end on March 31, 2025, with revenue per share increasing by 65% year-to-date [4][8] Production and Financial Performance - In July 2025, HIVE mined an average of 6.6 Bitcoin per day, with a peak hashrate of 15.1 EH/s [7] - The company has pledged over $200 million worth of Bitcoin to secure its expansion to 25 EH/s, allowing for significant growth without equity dilution [8][9] - HIVE's mining margin is estimated at 55% after electricity costs, indicating strong operational efficiency [18] Strategic Goals and Community Impact - HIVE aims to reach 25 EH/s by American Thanksgiving, which is expected to yield 12 Bitcoin per day [5] - The company is focused on creating local jobs and improving infrastructure in Paraguay, contributing to community development [11][14] - HIVE's operations are powered exclusively by renewable hydroelectric energy, aligning with its commitment to sustainability [20]
X @The Block
The Block· 2025-08-07 18:20
Winklevoss twins back Trump sons' Bitcoin mining firm as Gemini pursues IPO: Bloomberg https://t.co/YdoTbZHpJp ...
X @Wu Blockchain
Wu Blockchain· 2025-08-07 07:59
Company Strategy - Union Jack Oil 与 Reabold Resources 等公司的合资企业计划在 West Newton 气田部署比特币挖矿设施 [1] - 该项目将利用现场天然气为数据中心供电,用于比特币生产 [1] Industry Focus - 能源行业公司正在探索利用天然气资源进行加密货币挖矿的新途径 [1] - 360 Energy 是一家总部位于德克萨斯州的公司,将参与该比特币挖矿设施的部署 [1]
X @Wu Blockchain
Wu Blockchain· 2025-08-06 14:50
Tariffs & Trade - The U S will impose reciprocal tariffs on Bitcoin mining machines from Southeast Asia starting August 7 [1] - Import duties could reach up to 21 6% [1]
LM Funding America Announces Second Quarter 2025 Earnings Call for August 14, 2025
Globenewswire· 2025-08-04 20:30
Core Viewpoint - LM Funding America, Inc. is set to announce its second quarter 2025 earnings results and will hold a conference call on August 14, 2025, at 8:00 AM EST [1][2]. Group 1: Company Overview - LM Funding America, Inc. operates as a Bitcoin mining and specialty finance company, founded in 2008 and based in Tampa, Florida [3]. - The company will provide an investor presentation alongside its earnings release on the morning of August 14, 2025 [2]. Group 2: Conference Call Details - The conference call will take place on August 14, 2025, at 8:00 AM EST, with links for live webcast and participant registration available [4].
X @CoinDesk
CoinDesk· 2025-08-04 16:45
🗞️ Base overtakes Solana in daily token launches, more than doubling its total.🗞️ France is drafting a law to use surplus nuclear energy for Bitcoin mining.🗞️ A missing Satoshi statue in Lugano was found after a 0.1 Bitcoin reward was offered.@JennSanasie hosts "CoinDesk Daily."Thank you to @MidnightNtwrk 👋 for being a sponsor of the CoinDesk media network. ...
X @Wu Blockchain
Wu Blockchain· 2025-08-03 03:58
Some accounts are spreading rumors that China has banned cryptocurrencies again, without any evidence.The four key facts you need to know:- Hong Kong of China, as a pilot zone, is fully embracing cryptocurrencies- China has never banned individual crypto transactions; only prohibits institutional participation- Bitcoin mining still occurs in many parts of China- Stablecoins and RWAs are gaining popularity among Chinese government officials ...