Q2 2025 Key Accomplishments - Riot acquired an additional 238 acres at Corsicana, increasing the total acreage footprint to 858 acres[17] - Bitcoin Mining operations achieved a 50% gross margin[17] - The company's all-in power cost was $0.035 per kWh, and the hash cost was $25/PH/s/day[17] - Riot ended Q2 2025 with 19,273 BTC and $330 million in cash[18] - The company sold 1,371 BTC at an average price of $96,136 per BTC, generating proceeds of $132 million[18] Q2 2025 Financial Update - Riot produced 1,426 BTC in Q2 2025, averaging 15.7 BTC per day[22] - The company held 19,273 BTC valued at $2.1 billion, representing a $479 million increase[22] - Total revenue was $153 million, with $140.9 million from Bitcoin Mining, a 119% increase compared to Q1 2024[22] - Net income was $219.5 million, including a $470.8 million unrealized gain on bitcoin held[22] - Power curtailment credits amounted to $8.3 million[22]

Core Insights - Canaan Inc. has received a purchase order from CleanSpark Inc. for additional Avalon A1566I immersion-cooling miners, each delivering a hashrate of 249 to 267 terahashes per second (TH/s) [1][2] - This order follows CleanSpark's initial order of 3,800 Avalon A1566I miners placed in November 2024, with an average hashrate of 249 TH/s [2] - The collaboration highlights Canaan's commitment to innovation and supporting the growth strategies of its partners in the bitcoin mining sector [3] Company Overview - Canaan Inc. is a technology company established in 2013, focusing on ASIC high-performance computing chip design, research and development, production of computing equipment, and software services [4] - The company is recognized for shipping the world's first batch of mining machines incorporating ASIC technology in bitcoin's history under the brand name Avalon [4] - Canaan completed its initial public offering on the Nasdaq Global Market in 2019 [4]

Daily News 🗞 | July 31• Ethereum ETF inflows cross $2.3B in a week as demand intensifies• Base surpasses Solana in daily token creation, powered by Zora’s content coins• Ethereum order‑book liquidity has grown 41 % since April• Bitcoin miner MARA posts $808m profit as BTC rally drives record gains• Turkish ride-hailing giant Marti announces crypto treasury strategy,#CryptoNews #PoloniexNEWS ...

RT JuanGalt.com (@JuanSGalt)How FutureBit is Revolutionizing Bitcoin Mining At Homehttps://t.co/09vdN3ulyR via @bitcoinmagazine @FutureBit @JStefanop1 ...

Core Viewpoint - Blockmate Ventures Inc has launched a dedicated Bitcoin Treasury division to enhance its "mine and hold" strategy, aiming to capitalize on the growing Bitcoin market [1][3]. Company Strategy - The new Bitcoin Treasury division complements the company's broader Bitcoin mining initiative, which was announced earlier [2][3]. - The company expects to mine Bitcoin at a 40% discount to the current spot price, providing a significant commercial advantage over purchasing Bitcoin directly from the market [2][6]. Mining Operations - Blockmate has secured a site in Wyoming, USA, with competitive power costs at $0.03 per kilowatt-hour, and plans to operate a 200 megawatt facility [6]. - At full capacity, the facility is projected to mine approximately 200 Bitcoins per month, translating to over $20 million in monthly revenue [6]. Future Plans - The company aims to build its Bitcoin Treasury and is in discussions for joint ventures related to its mining facility, including potential partnerships for 50 megawatt components [7]. - Future plans include transitioning from Bitcoin to AI infrastructure, indicating a long-term vision for diversification [7].

Global Bitcoin Mining Hashrate Nearing Highs915,000,000,000,000,000,000x per second https://t.co/b3LZuqsaN0 ...

RT CoinDesk Podcast Network (@CoinDeskPodcast)🎧 Catch the latest episode of 'THE MINING POD: How the BBB Affects BTC Miners, Stargate Project Update, Record Crypto ETF Inflows,’ in partnership with @blockspacepod!Welcome back to The Mining Pod! Today, Will, Colin, and Matt discuss Antalpha’s CEO becoming the chair of Cango, how the Big Beautiful Bill affects bitcoin miners, OpenAI and Oracle’s 4.5GW datacenter plans, last week’s record crypto ETF inflows of $4.39B, and Joe McCann's Solana treasury SPAC.**No ...

LIVE NOW - Why I Ditched Bitcoin Mining for EthereumThe race for ETH supremacy among public companies is heating up—and @BitDigital_BTBT is charging hard. CEO @SamirTabar joins us to share why they’re going all-in on Ether, how they're copying @saylor's playbook (but for ETH), and what sets BitDigital apart from the rest of the pack.We talk staking strategies, ETH yields, competitive dynamics, and the explosive rise of ETH treasury companies. This is the next phase of institutional Ethereum adoption—don’t m ...

Core Insights - HIVE Digital Technologies has surpassed 13 EH/s in Bitcoin mining hashrate, achieving over 6.5 Bitcoin mined daily, driven by the deployment of next-generation hydro-cooled facilities in Paraguay [2][3] - The company has reached an annualized run-rate revenue (ARR) of $300 million from its Bitcoin mining and HPC operations, with profit margins around 55% [9][10] - HIVE aims to reach 18 EH/s by the end of August 2025, with a fully-funded roadmap to expand to 25 EH/s by U.S. Thanksgiving 2025 [11] Company Growth and Expansion - The buildout of Phase 2 at the Yguazú campus is progressing, with over 2 EH/s of new Bitmain S21+ Hydro ASIC miners currently active [3][5] - Upon full deployment, Phase 2 is expected to host approximately 6.5 EH/s, contributing to the company's goal of 18 EH/s [3][6] - HIVE's global ASIC fleet efficiency is projected to improve from approximately 20 J/TH to 18.5 J/TH upon completion of Phase 2 [7][8] Financial Performance - HIVE has achieved an ARR of $300 million, with expectations to reach approximately $400 million upon achieving 18 EH/s [9][10] - At 18 EH/s, the company anticipates mining margins near 60% after electrical costs, based on current hash prices [11] - The company estimates an ARR of $550 million at 25 EH/s, with mining margins also projected to be around 60% [11] Strategic Positioning - HIVE emphasizes its commitment to building high-quality, sustainable data center infrastructure powered by renewable energy [12] - The company is positioned as a highly efficient Bitcoin miner and AI/HPC infrastructure provider, leveraging engineering expertise and a renewable energy strategy [10][12] - HIVE's operations in Paraguay are noted for their discipline and industry-leading performance in Bitcoin mining [10]

Core Insights - HIVE Digital Technologies has surpassed 13 EH/s in Bitcoin mining hashrate, achieving over 6.5 Bitcoin mined daily, driven by the deployment of next-generation hydro-cooled mining facilities in Paraguay [2][3] - The company has reached an annualized run-rate revenue (ARR) of $300 million from Bitcoin mining and HPC operations, with profit margins around 55% [9][10] Expansion and Growth - The buildout of Phase 2 at the Yguazú campus is progressing, with over 2 EH/s of new Bitmain S21+ Hydro ASIC miners operational, aiming for a total of approximately 6.5 EH/s upon full deployment [3][5] - HIVE anticipates reaching a global hashpower of 18 EH/s by the end of August 2025, with a fully-funded roadmap to expand to 25 EH/s by U.S. Thanksgiving [11] Efficiency and Cost Management - The efficiency of the new Bitmain S21+ Hydro miners is 15 J/TH, which is expected to improve the global average ASIC fleet efficiency from 20 J/TH to 18.5 J/TH upon completion of Phase 2 [7][10] - A 10% improvement in ASIC efficiency correlates to a 10% reduction in Bitcoin production costs, enhancing profitability [8] Future Projections - HIVE projects an ARR of approximately $400 million at 18 EH/s and $550 million at 25 EH/s, with mining margins expected to approach 60% after accounting for electrical costs [11]