Bitcoin mining
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X @Documenting ₿itcoin 📄
Documenting ₿itcoin 📄· 2025-09-13 23:54
Did you know Bitcoin mining computers around the world run this mathematical hashing algorithm more than 1,000,000,000,000,000,000,000x per second? https://t.co/OI76KeeW7z ...
Soluna Breaks Ground on its Largest Site to Date, Project Kati
Businesswire· 2025-09-11 11:30
Core Insights - Soluna Holdings, Inc. is set to break ground on Project Kati, its largest facility to date, on September 18, 2025, in Willacy County, Texas [1] - The project aims to provide 166 megawatts (MW) of clean computing capacity, with the first phase delivering 83 MW [1] Company Overview - Soluna Holdings, Inc. focuses on developing green data centers tailored for intensive computing applications, including artificial intelligence (AI) and Bitcoin mining [1] Project Details - Project Kati will be executed in two phases, with the initial phase expected to deliver 83 MW of capacity [1] - The total capacity of the project will reach 166 MW upon completion [1]
Klarna Surges After IPO, Ellison Now World's Richest | Bloomberg Businessweek Daily 9/10/2025
Bloomberg Television· 2025-09-10 20:56
This is Bloomberg Businessweek Daily, reporting from the magazine that helps global leaders stay ahead with insight on the people, companies and trends shaping today's complex economy. Plus, global business, finance and tech news as it happens, Bloomberg Businessweek Daily with Carol Massar and Tim Stennett event live on Bloomberg Radio, Television, YouTube and Bloomberg Originals. And a very good afternoon, everyone, live on Bloomberg TV, radio streaming on YouTube and Bloomberg originals.I'm Jess and with ...
X @CoinMarketCap
CoinMarketCap· 2025-09-10 19:59
KazakhstanThe president calls for a national crypto reserve by 2026, plus "CryptoCity" in Alatau—the region's first fully digitalized city with crypto payments. Already a Bitcoin mining powerhouse with 13% of the global hashrate.7/8 https://t.co/NcRv8QQCDZ ...
IREN Limited Jumps 208% Year to Date: Buy, Sell or Hold the Stock?
ZACKS· 2025-09-10 19:16
Core Insights - IREN Limited's shares have surged 207.5% year to date, significantly outperforming the Zacks Finance sector's return of 12% and the Zacks Financial Miscellaneous Services industry's return of 3.3% [1][8] - The company has shown strong revenue growth, particularly in bitcoin mining and AI Cloud services, indicating robust operational performance [2][3] Financial Performance - IREN's revenues increased by 29.4% sequentially to $187.3 million in the fourth quarter of fiscal 2025, with bitcoin revenues rising 27.7% sequentially to $180.3 million [2][8] - The company mined 1,825 bitcoins in the fourth quarter, achieving an average revenue of $98.8 per bitcoin mined [2] - AI Cloud services revenues nearly doubled to $7 million in the fourth quarter, up from $3.6 million in the previous quarter [3][8] Growth Prospects - IREN is on track to achieve $1.25 billion in annualized revenues by December 2025, with approximately $1 billion from bitcoin mining and $200-$250 million from AI Cloud [12] - The company plans to scale its GPU capacity from 1.9k to 10.9k in the coming months, including various models from NVIDIA [12][13] - IREN has secured financing for GPU purchases and is expanding its data center capabilities, including a new liquid-cooled data center [15][14] Market Position - IREN Limited is recognized as one of the world's largest and lowest-cost bitcoin miners, achieving a 50 EH/s installed hashrate target [11] - The company operates 810 MW of data centers and has contracted grid-connected power of 2,910 MW, reflecting over 35% growth [14] Valuation and Earnings Estimates - The Zacks Consensus Estimate for first-quarter fiscal 2026 earnings is 18 cents, down 28% over the past 30 days, with revenues expected at $236.7 million [16] - For fiscal 2026, the earnings estimate is $1.08 per share, down 6.1% over the past 30 days, with revenues projected to increase by 120.9% from fiscal 2024 [17] - IREN's valuation appears stretched, trading at a forward price/book ratio of 4.29X compared to the industry's 3.59X [18]
【震撼】比特幣礦企:AI、電力、飆漲條件、強制平倉、供給衝擊 Matthew Schultz【邦妮區塊鏈】
邦妮區塊鏈 Bonnie Blockchain· 2025-09-10 11:01
Bitcoin Mining Industry Overview - China used to have the most hash rate in the world, but after the ban on Bitcoin mining, many Chinese miners relocated to the US [1][51][52] - Bitcoin mining can revitalize rural communities by partnering with local utilities that have excess power [41][44][45] - Bitcoin mining is an interruptible load, making it a perfect partner for utilities because it can be turned off and on without memory on the A6 [2][48][49] - There are only 450 new Bitcoin mined per day globally, regardless of how many miners there are [3][9] - Bitcoin miners validate each block, and without Bitcoin mining, Bitcoin doesn't exist [79] CleanSpark's Strategy and Operations - CleanSpark sells a portion of its Bitcoin production to cover operating expenses and uses a line of credit secured by its other Bitcoin for new acquisitions [12][13] - CleanSpark writes 5-day future contracts on Bitcoin they plan to sell, generating a premium of 1-4% [13][14] - CleanSpark doesn't sell its "hodl" (older Bitcoin) because it was mined at $20,000 each, which would have a significant tax impact [27][28] - CleanSpark's cost to mine a Bitcoin was approximately $42,000 in the most recent quarter [29][61] - CleanSpark aims to reach 50 exahash this summer [37] - CleanSpark is the last remaining pure-play miner, a strategy favored by institutional investors, with institutional holdings increasing from 10% to nearly 70% in three years [38][39] Market Dynamics and Future Outlook - The adoption of Bitcoin ETFs has changed the market dynamics, providing alternative investment options and influencing the correlation between Bitcoin price and miner performance [33][65] - The company believes Bitcoin will exceed $200,000 this year due to supply and demand dynamics [70][71] - The supply shock, with only 450 new Bitcoin mined daily, will drive the next phase of price increase [4][72]
Hut 8 Announces Voting Results for Election of Directors
Globenewswire· 2025-09-04 21:00
Core Points - Hut 8 Corp. announced the results of its 2025 Annual Meeting of Stockholders, where all eight nominees for the board of directors were elected [1][2] - The company operates an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale, focusing on energy-intensive applications like Bitcoin mining and high-performance computing [1][3] Voting Results - Joseph Flinn received 46,451,582 votes for out of a total of 46,957,693 votes cast - Asher Genoot received 46,786,009 votes for out of a total of 46,962,642 votes cast - Michael Ho received 46,785,583 votes for out of a total of 46,958,891 votes cast - E. Stanley O'Neal received 42,508,955 votes for out of a total of 46,940,123 votes cast - Carl J. (Rick) Rickertsen received 45,839,580 votes for out of a total of 46,955,648 votes cast - Mayo A. Shattuck III received 45,566,533 votes for out of a total of 46,951,363 votes cast - William Tai received 42,667,059 votes for out of a total of 46,954,056 votes cast - Amy Wilkinson received 39,326,194 votes for out of a total of 46,866,173 votes cast [2] Company Overview - Hut 8 Corp. manages 1,020 megawatts of energy capacity across 15 sites in the United States and Canada, including five Bitcoin mining and hosting sites, five high-performance computing data centers, and four power generation assets [3]
X @Michael Saylor
Michael Saylor· 2025-09-04 14:00
RT Natalie Brunell ⚡️ (@natbrunell)The future of money and the future of energy are more connected than people realize.Check out my segment on Bitcoin mining energy use, renewables and strengthening the grid. https://t.co/MxIaNcTzJn ...
X @Bitcoin Magazine
Bitcoin Magazine· 2025-09-03 12:21
JUST IN: 🇺🇸 Trump brothers-backed #Bitcoin mining company American Bitcoin is set to list on Nasdaq.Bullish 🚀 https://t.co/fQRkBoyKFn ...