Core Insights - Soluna Holdings Inc. has made significant progress on multiple projects, including nearing completion of its 48-megawatt Project Dorothy 2 data center and groundbreaking of its 166-megawatt Project Kati facility [1][2] - The company secured a $100 million credit facility from Generate Capital and resolved operational hurdles with NYDIG, positioning itself for accelerated growth in Bitcoin mining and AI computing markets [1][4] Project Updates - Phases 1 and 2 of Project Dorothy 2 are fully operational, with the final 18-megawatt phase expected to go live in November, increasing hosting capacity and pushing total hash rate above four exahashes per second [5] - Project Kati, a 166-megawatt wind-powered facility, is under active construction with civil work and substation upgrades already underway [5] Financial and Compliance Milestones - Soluna regained compliance with Nasdaq's listing requirements, restoring full trading status and boosting investor confidence [4] - The $100 million credit line from Generate Capital will fund construction and refinancing, including an initial $12.6 million draw in September for key data center projects [4] Strategic Partnerships - The company signed a 20-megawatt hosting deal with Canaan Inc. to deploy Avalon A15 XP Bitcoin miners at Project Dorothy [6] - Soluna joined the Texas Blockchain Council to enhance its presence in the renewable energy and blockchain sectors and plans to participate in the North American Blockchain Summit in Dallas [6] Market Reaction - Following these announcements, SLNH shares were trading 16.67% higher at $2.10 [7]

Core Insights - HIVE Digital Technologies reported a significant increase in Bitcoin production for September 2025, with an output of 267 BTC, marking an 8% month-over-month increase and a 138% year-over-year growth [1] - The company attributes much of this output increase to the opening of its 100 MW Phase 3 Valenzuela plant in Paraguay, with nearly half of the facility's hashrate capacity now operational [2] - HIVE's average hashrate rose by 19% from August to September, increasing from 16.3 EH/s to 19.4 EH/s, and briefly reaching 21.7 EH/s [3] Production and Efficiency - The firm's Bitcoin mining fleet currently produces an average of 9 BTC per day, and the company has managed to maintain operational efficiency despite rising mining difficulties, which increased by 16% across the Bitcoin network [4] - HIVE expects to reach a hashrate of 25 EH/s by U.S. Thanksgiving, with a projected average fleet efficiency of 17.5 joules/terahash (J/TH) [4] Future Outlook - All ASIC purchases for Phase 3 have been shipped, and the company anticipates revenue growth to align with future increases in hashrate [5] - HIVE considers Paraguay a scalable market due to stable energy costs and fixed infrastructure, contributing to its operational efficiency [5] - Following the announcement, HIVE's stock surged over 25%, closing at $5.57 on October 6 [5]

Core Viewpoint - Cipher Mining Inc. announced a transition in its Chief Financial Officer role, with Ed Farrell retiring and Greg Mumford appointed as the new CFO, effective October 14, 2025 [1][2]. Management Transition - Ed Farrell, the first CFO of Cipher, played a crucial role in the company's success over its first five years and in its public offering in 2021. He will continue as a Senior Advisor to support the transition and provide strategic guidance [2][3]. - Greg Mumford, with over a decade of experience in financial services and capital markets, will succeed Farrell as the second CFO. His background includes advising on M&A and capital markets transactions in the digital infrastructure sector [3][4]. Strategic Focus - The company is focused on developing and operating industrial-scale data centers for bitcoin mining and high-performance computing (HPC) hosting, aiming to be a market leader in innovation and growth in these sectors [5].

RT Frank Corva (@frankcorva)Yesterday, two New York State Senators introduced a bill that would increase taxes on certain Bitcoin mining companies.The news of this was unfortunate, as the moratorium on Bitcoin mining in New York only recently expired.https://t.co/t0LHCO37Al ...

Kentucky Sen. Brandon Smith faces two lawsuits over his Bitcoin mining firm, accused of misrepresentation and breach of contract.Read more: https://t.co/tv59LSqwHE ...

Group 1 - IREN Limited (NASDAQ:IREN) is recognized as one of the best stocks to invest in according to WallStreetBets, with a bullish rating maintained by Bernstein analyst Gautam Chhugani, who raised the price target to $75 from $20 [1][2] - The company's strategic advancements include developing its own AI cloud vertical and investing in capital expenditures, setting it apart from competitors that rely on co-location deals with AI Cloud partners [1] - Despite initial skepticism regarding its strategy execution due to increased capital requirements and competition, significant progress has been acknowledged, particularly in scaling Bitcoin mining operations and optimizing returns from its power portfolio [2]

Group 1: Ethiopia and the Grand Ethiopian Renaissance Dam (GERD) - The Grand Ethiopian Renaissance Dam, Africa's largest hydropower project, has been inaugurated with an estimated cost of $5 billion and aims to generate over 15,700 gigawatt hours annually, providing electricity to Ethiopia and neighboring countries [3][4][6] - Ethiopia anticipates significant economic impacts from the dam, including industrialization, with the industrial sector growing at an annual rate of 10% and energy demand from this sector increasing by 40% yearly [8] - The Ethiopian government aims to generate $1 billion annually from power exports, with current exports to Djibouti, Kenya, and Tanzania [8][9] - The dam has caused tensions with downstream countries Egypt and Sudan, which are concerned about reduced water flow and have called for a legally binding agreement on the dam's operation [5][12][14] Group 2: South-South Trade and Automotive Industry - The trade war initiated by Donald Trump has accelerated South-South trade, particularly between India and South Africa, with Indian automaker Mahindra expanding its presence in South Africa's Bakkie market [32][33] - South Africa's automotive industry faces challenges from imports, especially affordable vehicles from India and China, leading to concerns about potential job cuts in local manufacturing plants [36][43] - Mahindra's assembly plant in Durban has become a significant player in the market, producing nearly a thousand pickups each month, while Tata Motors plans to enter the South African market with SUVs [41][42] Group 3: E-commerce and Supply Chain Shifts - Jumia, Africa's largest e-commerce player, reports that shifting global supply chains are improving its ability to bring goods from China to Africa, with increased stability in currency aiding operations [44][46] - The trade tensions between China and the US have indirectly benefited Jumia by securing more supply for Africa as Chinese manufacturers adjust their markets [47] - Jumia focuses on e-commerce for physical goods targeted at the middle class in Africa, adapting its business model to the specific purchasing power of its markets [50][54]

Bitcoin miners and mining are required for new bitcoins to enter into circulation. Mining is also a critical component of the security of the blockchain ledger. https://t.co/BdIq1i6Meq ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

RT Daniel Batten (@DSBatten)50% of all the world's energy is used to heat stuff upAnd Bitcoin mining rigs are big resistence heaters that create SATS.That's why one of the most exciting trends in Bitcoin mining is how heat recycling stands to innovate the way major industry sectors uses heat https://t.co/aPzGPpFfvC ...