🔥 FACT: Only 2.3M $BTC remain to be mined before the 21M cap is hit. https://t.co/nZxEq6DyjQ ...

₿REAKING: Record Global Bitcoin Mining Hashrate940,000,000,000,000,000,000x per second https://t.co/kMWBcCgSud ...

Mining Industry Performance - Bitcoin mining computing hashrate reached a new record of 940 quintillion (940,000,000,000,000,000,000) hashes per second [1]

Mining Hashrate - Global Bitcoin mining hashrate hits a new record of 940 quintillion (940,000,000,000,000,000,000) hashes per second [1]

Galaxy closes $1.4 billion debt facility to retrofit its Helios bitcoin mining center for CoreWeave AI deal https://t.co/CqJUqs4EQm ...

💥🇪🇹 BBC just posted a Bitcoin mining feature story in Ethiopia!https://t.co/CzjEyqxeJw ...

RT CoinDesk Podcast Network (@CoinDeskPodcast)🎧 Catch the latest episode of 'THE MINING POD: Proto ASIC Miner, MARA’s AI Move, Google Invests in Terawulf, Ethiopia Mining Ban,’ in partnership with @blockspacepod!Welcome back to The Mining Pod! Today, Colin and Matt cover Proto's groundbreaking new ASIC miner, Terawulf’s $3.7B Google-backed HPC deal, Ethiopia's bitcoin mining ban, and Monero's 51% attack.**Notes:**• Proto Rig: 14.1 J/TH, 800 TH/s, swappable hashboards• Terra Wolf: $3.7B deal, Google 8% stake ...

Illegal Bitcoin Mining on the Rise in Tajikistan and Kazakhstan► https://t.co/fuNHSSZltO https://t.co/fuNHSSZltO ...

Core Insights - HIVE Digital Technologies Ltd. reported record revenue of $45.6 million for fiscal Q1 2026, driven by a 45% quarter-over-quarter increase in average hashrate to 8.9 EH/s, reflecting strong performance in Bitcoin mining and high-performance computing (HPC) operations [2][3][4]. Financial Performance - Total revenue reached $45.6 million, a significant increase from the previous quarter, with digital currency mining contributing $40.8 million, up 44.9% sequentially [4][5]. - Gross operating margin was $15.8 million, representing a margin of 34.7%, an increase from 28.2% in the previous quarter [4][5]. - Net income for the quarter was $35.0 million, primarily from realized and unrealized gains on digital currencies [5][8]. Mining Operations - The company mined 406 Bitcoin during the quarter, a 34% increase from the previous quarter, with an average mining difficulty increase of 10.2% [4][5]. - The average hashrate for Bitcoin mining increased from 5.9 EH/s in fiscal Q4 2025 to 8.7 EH/s in fiscal Q1 2026, marking a 47% increase [4][5]. HPC Business - HPC revenue reached a record $4.8 million, up 59.8% sequentially, driven by strong demand in high-performance computing markets [4][5]. - The company is expanding its HPC capabilities with the acquisition of a 7.2 MW Tier 3 data center in Toronto, expected to support 5,000 next-gen GPUs [8]. Strategic Outlook - HIVE aims to reach a hashrate of 25 EH/s by Thanksgiving 2025, positioning itself among the world's largest Bitcoin miners [8]. - The company is targeting $100 million in high-margin run-rate revenue from cloud computing and AI model training services by calendar year 2026 [8].

Core Insights - Block has launched new bitcoin mining hardware and software aimed at decentralizing and streamlining the bitcoin mining process [1][2] Product Overview - The new hardware, Proto Rig, is a modular bitcoin mining system that allows operators to upgrade individual hashboards quickly and without tools [2][3] - Proto Rig is positioned as a "10-year infrastructure investment" rather than a short-term asset [3] - The new software, Proto Fleet, is a free and open-source fleet management tool that integrates various functionalities historically requiring separate software [3][4] Operational Efficiency - Proto Fleet aims to help bitcoin miners streamline operations, maximize uptime, and reduce troubleshooting time [4] - The software is designed to modernize mining operations and improve efficiency [4] Strategic Focus - Block is transitioning resources towards its Bitkey self-custody bitcoin wallet service and bitcoin mining projects [4] - The company emphasizes making bitcoin more accessible and secure for everyday use [5] - Block's suite of products is focused on decentralizing the supply of mining hardware and the distribution of hashrate [5]