Bitcoin Mining Resurgence in China - Bitcoin mining has quietly resurged in China despite the 2021 ban [1] - China now contributes about 14% of global hashrate, ranking third worldwide [1] - CryptoQuant estimates that 15%-20% of global Bitcoin mining may currently originate from China [1] Geographical Distribution - Miners have re-emerged in low-cost, energy-surplus regions like Xinjiang and Sichuan [1] - New facilities are being built in regions like Xinjiang and Sichuan [1]

RT Bloomberg New Economy (@BBGNewEconomy)@BloombergTV @SheryAhnNews "We love Bitcoin mining. I have been doing Bitcoin mining since 2012."Bitdeer Technologies Group Founder & CEO Jihan Wuat #BloombergNewEconomy. https://t.co/IJqlLGtyAQ ...

RT Bloomberg New Economy (@BBGNewEconomy)Can Bitcoin mining help support the power needs of AI?Bitdeer Technologies Group Founder & CEO Jihan Wu explains how Bitcoin mining can play a role in developing AI megacentres with @BloombergTV's @SheryAhnNews at #BloombergNewEconomy.⏯️https://t.co/ocFSIrd9xz https://t.co/wwXYlXosNn ...

NEW YORK, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”), a leading owner, developer and operator of industrial-scale data centers, today announced that its wholly-owned subsidiary, Cipher Compute LLC (the “Issuer”), has priced $333.0 million aggregate principal amount of additional 7.125% senior secured notes due 2030 (the “Additional Notes”), in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A un ...

Analysts warn that pressures around power, software, and hosting could change the economics of Bitcoin mining. https://t.co/vBJni0s4jO ...

Core Viewpoint - Canaan Inc. is experiencing a positive shift in market sentiment, reflected in the increased price target for its stock, driven by operational updates and strong performance in cryptocurrency holdings [2][5]. Company Overview - Canaan Inc. is a key player in the Bitcoin mining industry, established in 2013 and based in Singapore, focusing on green mining solutions and competing with companies like Bitmain and MicroBT [1]. Stock Performance - The consensus price target for Canaan's stock has risen to $4 from $2.88 over the past three months, indicating growing optimism about the company's future [2][5]. Operational Updates - Canaan announced plans to expand its operating hashrate with additional mining capacity expected in the fourth quarter of 2025, which may enhance its market position [3][5]. Cryptocurrency Holdings - By the end of October, Canaan's cryptocurrency treasury reached a record high, holding 1,610 Bitcoin and 3,950 Ethereum, showcasing strong operational performance [4][5]. Financial Outlook - Stable revenue split and power costs, along with potential technological advancements and strategic partnerships, support a positive outlook for Canaan's future growth [5].

Investment Initiative - Bitfury announces a $1 billion "Ethical Technology & AI" investment initiative [1] - The company plans to allocate $200 million (20%) of the total investment in the next year [1] - The remaining $800 million (80%) will be gradually allocated over the coming years [1] Target Investment Areas - Bitfury's investment targets include AI (人工智能) [1] - Quantum computing (量子计算) is also a target investment area [1] - Transparent decentralized systems (透明的去中心化系统) are among the target areas [1] - Self-sovereign identity (SSI, 自主主权身份) is another area of focus for investment [1]

Financial Data and Key Metrics Changes - HIVE reported a record-breaking quarter with $87 million in revenue, of which $82 million came from Bitcoin mining and over $5 million from the HPC business [31] - The company achieved a gross operating margin of $42 million, translating to $31.5 million adjusted EBITDA and a net loss of $15.8 million on a non-cash basis [31][32] - The annualized return on invested capital (ROIC) was 18% for the quarter [32] Business Line Data and Key Metrics Changes - The Bitcoin mining business is currently mining approximately 10 Bitcoin per day with a capacity of 25 exahash [33][56] - The AI cloud business has reached a $20 million annual recurring revenue (ARR) and is targeted to grow to over $200 million ARR [33][39] - The company has 5,000 GPUs operating between Canada and Sweden, with plans to double this to 11,000 GPUs by the end of 2026 [38][39] Market Data and Key Metrics Changes - HIVE's operations in Paraguay have significantly contributed to its growth, scaling from $100 million in fiscal 2025 to a current ARR of $400 million [33] - The company has secured an additional 100 MW of capacity approved by the government of Paraguay, which will enhance its mining operations [36] Company Strategy and Development Direction - HIVE is focused on a dual-engine growth strategy, leveraging cash flow from Bitcoin mining to scale its HPC business [35] - The company aims to maintain best-in-class ROIC through disciplined capital allocation and strategic investments in ASICs [32][33] - HIVE is positioning itself to become a significant player in the AI and HPC sectors, with a strong emphasis on building out liquid-cooled tier three data centers [39][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth potential of the AI market, highlighting the importance of infrastructure development in both Bitcoin mining and AI [26][29] - The company anticipates significant upside in its mining margins with Bitcoin prices projected at various levels, indicating a robust outlook for profitability [58] - Management emphasized the importance of green energy sourcing and the positive economic impact of their operations in Paraguay [5][11] Other Important Information - HIVE has a total of 210 Bitcoin in treasury and 1,992 Bitcoin pledged, providing both downside protection and upside potential [32][34] - The company celebrated its four-year anniversary on Nasdaq, indicating strong institutional interest and retail participation [25] Q&A Session Summary Question: What is the outlook for HIVE's growth in the AI sector? - Management highlighted the potential for the AI cloud business to reach $250 million ARR, driven by partnerships and the expansion of GPU capacity [53][54] Question: How does HIVE plan to manage its capital expenditures? - The company plans to utilize vendor financing for GPU acquisitions, minimizing the need for significant capital outlay while focusing on ROIC [54][55] Question: What are the expected mining margins at different Bitcoin price points? - Management indicated that annualized mining margins could range from $200 million to $400 million depending on Bitcoin prices of $100,000 to $150,000 [58]

Core Viewpoint - Soluna Holdings, Inc. reported its financial results for Q3 2025, highlighting the successful execution of its business model in the green data center sector for intensive computing applications, including Bitcoin mining and AI [1] Financial Performance - The company achieved significant milestones in Q3 2025, demonstrating the effectiveness of its operations and the capabilities of its team [1] Business Model - Soluna's business model focuses on developing green data centers, which are essential for supporting intensive computing needs, particularly in the cryptocurrency and artificial intelligence sectors [1]

🇺🇸 LATEST: Scaramucci’s family put over $100 million into Trump’s Bitcoin mining firm. https://t.co/ALXTFVLO74 ...