Bitcoin miner Riot Platforms posted a loss in Q1 2025 despite reaching a new quarterly revenue record.
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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Phoenix Group added 52 megawatts to its Ethiopian Bitcoin mining operations, raising its total there to 132 megawatts, with a reported over 500 megawatts worldwide.
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Reciprocal tariffs are reshaping global trade policy — but their ripple effects could impact everything from mining hardware costs to crypto regulation.
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Arkansas has been resistant to crypto mining, with repeated community pushbacks over noise, energy use and sustainability concerns.
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Cryptocurrency companies are one of five business categories ineligible to join the program.
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The Los Angeles Police Department said it seized $2.7 million worth of Bitcoin mining rigs allegedly stolen at the city’s airport from a shipment bound for Hong Kong.
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The Bitcoin mining company holds 19,223 BTC currently valued at nearly $1.8 billion.
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Bitdeer secured $60 million to expand ASIC production and self-mining as Bitcoin’s hashrate hit record highs and miner profits faced pressure.
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Uminers CEO Batyr Khydyrov discusses how the company is helping reshape the future of Bitcoin mining with sustainable infrastructure, global partnerships, and a bold zero-interest financing model.
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Kyrgyzstan President Sadyr Zhaparov signed CBDC law giving the country’s central bank permission to launch the “digital som” in the future.
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Since at least 2023, Bit Digital has been expanding into artificial intelligence and high-performance computing to diversify its revenue beyond crypto mining.
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Miners continue to face economic challenges as the cost of everything from energy to hardware is projected to rise due to trade tariffs.
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CleanSpark plans to sell mined Bitcoin each month and has secured a $200M credit line from Coinbase Prime as it shifts toward self-funding operations.
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The Bitcoin miner plans to start manufacturing mining rigs in the United States, according to Bloomberg.
9423 - How to
Discover how to mine Bitcoin at home in 2025 using the latest ASIC hardware, optimized mining software, low-cost electricity setups and secure wallets to maximize efficiency and profitability.
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