Bitcoin Mining
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X @Documenting ₿itcoin 📄
Documenting ₿itcoin 📄· 2025-12-08 20:36
A school employee got caught secretly mining bitcoin in a crawl space under a Massachusetts high school, using the school’s electricity. Police found coolers filled with computers and estimate they used about $17,500 in power before it was unplugged.https://t.co/Zoas4kHaah ...
Jim Cramer on IREN: “Take the Gain”
Yahoo Finance· 2025-12-06 05:34
Group 1 - IREN Limited, formerly known as Iris Energy, is involved in building data centers for Bitcoin mining and AI startups, and has recently secured a contract with Microsoft [1][2] - The company issued nearly 40 million shares at $41.12 per share and a $1 billion convertible bond to finance its data center operations [1] - IREN operates a vertically integrated data center business, managing both computing hardware and infrastructure while engaging in Bitcoin mining [2] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to IREN as an investment [3]
BitFuFu Announces November 2025 Bitcoin Production and Operational Updates
Globenewswire· 2025-12-05 13:00
Core Insights - BitFuFu Inc. reported its operational updates for November 2025, highlighting a strategic transition to next-generation mining equipment while managing market volatility [1][2][3]. Bitcoin Holdings and Production - The company sold 205 BTC in November 2025 at an average price of $107,000 to manage supplier obligations and mitigate risks during market fluctuations [4]. - As of November 30, 2025, BitFuFu held 1,764 BTC, a decrease of 189 BTC from October 31, 2025 [10]. - The company produced a total of 231 BTC, with 190 BTC from cloud mining and 41 BTC from self-mining [10]. Hashrate Overview - Total hashrate under management decreased to 26.4 EH/s, a 13.4% month-over-month decline due to a slowdown in hashrate procurement amid Bitcoin price volatility [10]. - Self-owned hashrate was reported at 3.7 EH/s, down 1.3 EH/s from the previous month, attributed to ongoing upgrades of mining machines [10]. - The hashrate from third-party suppliers and hosting customers stood at 22.7 EH/s [10]. Power and Infrastructure - The total power capacity under management was recorded at 478 MW, reflecting a 13.9% month-over-month decrease [6]. Mining Services - BitFuFu had 648,221 registered users for its cloud mining services as of November 30, 2025 [7]. Upcoming Conferences - The company will participate in several upcoming conferences, including the B. Riley Convergence Conference in NYC on December 4, 2025, and Bitcoin MENA 2025 in Abu Dhabi on December 8-9, 2025 [11].
X @Decrypt
Decrypt· 2025-12-04 14:01
Thailand Busts $8.6M Bitcoin Mining Operations Funding 'Chinese Scam Networks'► https://t.co/P6KcouT2HD https://t.co/P6KcouT2HD ...
Riot Announces November 2025 Production and Operations Updates
Globenewswire· 2025-12-04 14:00
Riot Produces 428 Bitcoin in November 2025CASTLE ROCK, Colo., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), a Bitcoin-driven industry leader in the development of large-scale data centers and bitcoin mining applications, announces unaudited production and operations updates for November 2025. Bitcoin Production and Operations Updates for November 2025 Comparison (%) Metric November 20251October 20251November 20241<stron ...
LM Funding America Announces November 2025 Production and Operational Update
Globenewswire· 2025-12-04 13:00
Core Viewpoint - LM Funding America, Inc. reported a preliminary operational update for November 2025, highlighting steady progress in its Bitcoin mining operations despite a slight decrease in Bitcoin production due to strategic energy sales [1][2]. Group 1: Bitcoin Mining Metrics - In November 2025, the company mined a total of 6.9 Bitcoin, down from 7.5 Bitcoin in October 2025 [2]. - The company sold 17.0 Bitcoin in October but did not sell any Bitcoin in November [2]. - The Bitcoin holdings increased from 294.9 Bitcoin in October to 301.8 Bitcoin in November, with an estimated value of approximately $27.5 million based on a Bitcoin price of $91,100 [2][6]. Group 2: Operational Capacity - The total number of mining machines remained constant at 7,930, with 4,320 located in Oklahoma and 2,376 in Mississippi [2]. - The hashrate for the mining operations was stable, with Oklahoma at 0.48 EH/s and Mississippi at 0.23 EH/s, totaling 0.71 EH/s for energized machines [2]. Group 3: Financial Performance - The company generated approximately $76,000 from curtailment and energy sales by strategically reducing mining during a spike in power prices [2]. - The share price of the company was reported at $0.99 as of November 30, 2025, while the Bitcoin value per share was calculated at $2.25 [2]. Group 4: Future Outlook - The company is on track with its 2 MW immersion expansion in Oklahoma, expected to increase total hashrate by nearly 10% by the end of the month [2]. - The management emphasized a disciplined approach to growth and capital allocation, indicating a focus on monitoring market conditions closely [2].
X @Cointelegraph
Cointelegraph· 2025-12-04 09:01
🚨 INSIGHT: Bitcoin miners are switching off rigs as hash revenue falls to ~$35/PH/day while all-in costs sit around ~$44.Does buying BTC directly make more sense than mining? https://t.co/SL9WUfzZLT ...
X @CoinMarketCap
CoinMarketCap· 2025-12-03 22:12
LATEST: ⛏️ Bitcoin miner CleanSpark mined 587 Bitcoin in November, an 11% increase from October, while expanding its contracted power capacity to more than 1.4 gigawatts. https://t.co/gsSUCCjtrf ...
X @Cointelegraph
Cointelegraph· 2025-12-03 17:00
🔥 LATEST: CleanSpark reports 587 $BTC mined in Nov. and 13,054 $BTC held overall, with 2025 production hitting 7,124 $BTC. https://t.co/bHxcXMPIBJ ...
Massive Sell-Off In Eric Trump-Associated Bitcoin Stock: Falls 40% To $1.80
Yahoo Finance· 2025-12-03 13:29
American Bitcoin Corp, the Trump-family backed mining firm, co-founded by Eric trump, saw its shares fall a whopping 40% to $1.80 on 2 December 2025. So, what triggered this plummet? The expiration of a lockup period on pre-merger private placement shares caused this fall. The stocks dropped intraday to $1.80 from a prior close of $3.58. What does this mean for investors? The fall has triggered multiple trading halts amid heavy volume, even as Bitcoin itself rallied over 7% to $91653. While Hut 8 owns 80% ...