Bitcoin Miners Record Earnings Surge May
Bitcoin miners achieved $1.52B revenue in May 2025, marking their most profitable month since the April 2024 halving. #Update #Crypto $BTC (+6) ↗
Mining
Bitcoin Mining Revolution Bitmain Launches Efficient Rig
@BitmainTech launched the Antminer S23 Hydro series, achieving 580 TH/s with 5,510 watts consumption, marking it as the most efficient mining rig amid declining demand. #Update #Crypto (+3) ↗
Bitcoin Mining Boost: Pakistan Allocates 2000 MW
Pakistan’s finance ministry announced a plan to allocate 2,000 MW for bitcoin mining and AI data centers to utilize excess energy capacity. #Update #Crypto (+3) ↗
Bitcoin: Pakistan Allocates 2000 MW Power
Pakistan dedicates 2000 MW to Bitcoin mining and AI, utilizing underused coal plants to attract foreign investments and support 15-20 million local crypto users. #Update #Crypto (+6) ↗
Bitcoin Hashrate Fuels Energy Healthcare Initiatives
@CompassMining partners with Synota to allocate bitcoin mining revenue for energy and healthcare in Nigerian communities, enhancing solar grids and services. #Update #Crypto (+4) ↗
Bitcoin Mining: Sangha Launches Texas Site
@SanghaRenewables is transforming West Texas sunlight into $BTC with a 20 MW solar-powered mining facility, securing $14 million towards its $17 million equity goal. #Update #Crypto $BTC (+4) ↗
Crypto Investment: Cipher Mining Secures $150M
@CipherMining plans to issue $150M in convertible bonds to fund the Black Pearl data center, aiming for a 16 EH/s hash rate by Q2’s end. #Update #Crypto (+4) ↗
Bitcoin Miner POW.RE Acquires Block Green
@POWRE_Holdings plans to acquire Swiss firm Block Green AG, merging sustainable mining with financial services in a deal involving equity, bitcoin, and cash. #Update #Crypto (+3) ↗
Bitcoin Mining Stocks Surge Applied Digital
@Applied_Digital surged 22.18% to $6.83, leading bitcoin-mining stocks higher Friday; @BitdeerTech advanced 10.63% to $15.19. #Update #Crypto (+4) ↗
US Uncovers Diversified Energy’s Illegal Mining
@DiversifiedEnergy faces allegations of leaving uncapped wells after halting crypto mining in Pennsylvania, raising environmental concerns. Authorities emphasize regulatory compliance issues. #Update #Legal (-4) ↘
Bitcoin Firm Targets $500M for Expansion
@BitDigital plans to raise $500M via an ATM equity offering, facilitated by H.C. Wainwright & Co., earning a 3% commission on sales. #Update #Crypto (+3) ↗
Bitcoin Mining Syndicate Busted Terengganu
Terengganu police and @TenagaNasional dismantled a syndicate stealing electricity for illegal bitcoin mining in Hulu Terengganu, seizing 45 machines worth RM225,000. #Update #Legal (+3) →
Bitcoin Mining Consumes 0.54 Percent Energy
Bitcoin mining consumes 138 TWh annually, 0.54% of global energy, with 52.4% from sustainable sources; U.S. leads with 75.4% hash rate contribution #Update #Crypto $BTC (→ 0)
Bitcoin Block Times Extend After Hashrate Drop
Bitcoin’s hashrate dropped by 91 EH/s after difficulty hit 123.23 trillion, extending block times to 10:34; will the May 4 retarget restore balance? #Update #Crypto $BTC (-4) ↘