#bitcoin-mining

#bitcoin-mining

In just over a year, the Bitcoin network grew by more than 300 EH/s, closing out 2024 at a record 808 EH/s. By June 2025, it climbed to nearly 943 EH/s before falling back to around 861 EH/s due to localized shutdowns and regulatory setbacks.

"We have an opportunity before us to be in the very lead," Senator Hagerty told Bitcoin Magazine in regard to building nuclear facilities that can be used to produce energy for Bitcoin mining and AI processing.

"May was a record-breaking month for MARA with 282 blocks won, a 38% increase over April and a new monthly high," said the Chairman and CEO of MARA Fred Thiel.

LB526 is not explicitly anti-Bitcoin; however, it imposes strict operational constraints on Bitcoin miners, potentially leading to significant industry impacts.

The mining landscape has evolved significantly, transitioning from GPUs to ASICs, with larger institutional players now dominating the market and altering traditional mining strategies.

This partnership with Hashbranch has allowed us to monetize our available rack space at several locations while implementing a unique profit-sharing model that helps all parties navigate hashprice fluctuations.

Bitcoin is libertarian, Fiat currency is communist.

"Another smaller campaign involved the deployment of Nicehash miners, a platform that allows users to sell computing power for cryptocurrency, to evade detection."

Dr. Zuoxing Yang emphasized the potential of solar mining, predicting electricity costs for solar power mining to drop to approximately 3.4 cents USD per kWh by 2025.

Core Scientific has signed a significant AI deal with CoreWeave that allows it to potentially deliver up to 300 megawatts of scale within three years.