BITPRISMIA
Tether CEO Paolo Ardoino announced the company's goal to become the world's largest Bitcoin miner by 2025, while also expanding its reserve strategy to include significant gold holdings.
Bitcoin miners' transaction volume has hit its lowest level since November 2022, with mining activity now predominantly occurring in the US, and the average miner electricity cost remains at $45/MWh.
AI infrastructure firm CoreWeave will acquire Bitcoin mining company Core Scientific in an all-stock transaction valued at approximately $9 billion, aiming to streamline operations and expand AI and high-performance computing capabilities.
Russian authorities are working on regulating cryptocurrency mining, with efforts including a tax registry for miners, though compliance remains low, and exploring the use of idle power for mining infrastructure.
BitFuFu achieved record hashrate and power capacity in June 2025, with significant growth in cloud mining revenue and BTC holdings.
Kevin O’Leary argues that the U.S. should learn from Bitcoin miners' energy strategies to compete in the 'AI Wars,' highlighting the overlap in power requirements between Bitcoin mining and AI data centers.
Iris Energy reported record-breaking revenue and significant progress in its AI Cloud expansion in June, achieving a 50 EH/s hashrate and deploying additional NVIDIA Blackwell GPUs.
The IMF rejected Pakistan's proposal to subsidize power for crypto mining, citing concerns over market destabilization and historical imbalances, despite Pakistan's surplus energy capacity.
A solo Bitcoin miner successfully mined a block with a modest hashrate, earning nearly $350,000, highlighting the rarity and difficulty of such an event.
Tether and Adecoagro are collaborating on a renewable energy-powered Bitcoin mining venture in Brazil, aiming to address Bitcoin's energy consumption concerns and promote sustainable crypto mining.