Three months into its full Bitcoin mining pivot, Chinese company Cango mined 450 BTC in July.
Mining News

Mining is the process of adding and validating transaction records on the Bitcoin public blockchain ledger while securing uptime for the network. This is how the network persists without relying on trusted third parties using vulnerable, centralized infrastructure. Mining is also used to distinguish legitimate Bitcoin (BTC) transactions from attempts at double-spending, which is when a user attempts to re-spend money that has already been spent somewhere else.
What miners are actually doing is continually guessing for a specific number (the nonce) designated in the header of the following block, which has a predetermined number of zero bits. When they guess the correct number after using extensive computation power, they solve the proof-of-work and are rewarded with the protocol currency, BTC. This simultaneously serves as the minting process for Bitcoin.
Bitcoin mining has come a long way since the network’s launch in 2009. In the early days, mining was how one would participate within the Bitcoin economy, using relatively modest computation resources such as an average consumer-grade laptop to allocate hashing power to solving the proof-of-work algorithm and earn Bitcoin from the block subsidy, all while securing the network.
Since then, mining has become a multibillion-dollar global industry, with massive operations and facilities around the world using incredible amounts of resources to compete for the block rewards of many different cryptocurrencies, all the while providing critical infrastructure and security to these networks.
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Galaxy Digital added over 4,200 BTC in the second quarter, helping the company return to profitability after a $295 million loss in Q1.
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French political party Rassemblement National is reportedly preparing a draft law to mine Bitcoin with surplus nuclear energy.
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The Qubic mining pool, which is attempting a 51% takeover of Monero, is allegedly being hit by a distributed denial-of-service attack linked to the Monero community.
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The Bitcoin mining difficulty is crucial to both miner profitability and ensuring that BTC is not mined faster than the protocol allows.
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With Bitcoin’s hashrate near all-time highs, solo miners continue to land full block rewards, thanks to efficient ASICs and a heavy dose of luck.
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ARK Invest bought $30 million in Coinbase and $17 million in BitMine shares on Friday amid price dips.
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XRP cloud mining is possible in 2025, but approach with caution, as risks often outweigh the rewards.
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Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet.
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Leading Bitcoin mining ASIC manufacturer Bitmain is set to open its first US-based production facility by early 2026 amid a broader industry shift to the US.
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Monero is facing a controversial, economically powered hashrate takeover attempt by Qubic, a mining pool and crypto network led by Iota co-founder Sergey Ivancheglo.
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Solo miners successfully adding blocks to the Bitcoin blockchain network is a rare event, but still not impossible in 2025.
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Hive Digital Technologies, the first publicly traded Bitcoin miner, marks a major milestone at Nasdaq as it accelerates its HPC expansion.
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Bitzero is among several Bitcoin mining companies that have embraced the HPC and data center business.
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Mara Holdings announced plans to offer up to $1 billion in zero-interest convertible notes, with proceeds earmarked for repurchasing debt, buying Bitcoin and corporate expenses.
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