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Auradine Shipped $73M Worth of Bitcoin Miners to MARA in H1 2025


MARA received $73.3 million worth of Teraflux Bitcoin miners from Silicon Valley chip startup Auradine during the first half of 2025, according to the company’s latest quarterly filing. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on...

Phoenix Group Formalizes $150M Crypto Treasury in Q2 2025 Results


Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported strong financial and operational results for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the first ADX-listed company to do so. The treasury primarily...

Algeria Enacts Sweeping Ban on Crypto Use, Exchange, and Mining


Algeria has enacted a comprehensive law that criminalizes all forms of cryptocurrency use, exchange, and mining, aiming to protect the national financial system. Total Ban on Crypto Use and Platforms Algeria recently enacted a sweeping new law that criminalizes any form of use, exchange, or mining...

Top 10 Miners Dominate 94% of Hashrate and Hoard Over 55,000 BTC


According to the latest onchain stats, Bitcoin’s top ten mining pools currently control a hefty 94.2% of the global hashrate — and they collectively hold $6.52 billion in bitcoin across their wallets. Inside the Secret Stashes of Bitcoin’s Biggest Mining Pools and Their Counterparties As of today...

Monero Under Pressure: Qubic’s Dual‑Mining Model Tests Community’s Nerves


Monero’s privacy‑centric blockchain is bracing for what could be the first true economic 51% attack as rival project Qubic lines up enough hashpower to test network control from Aug.  2 to Aug.  31, next week. From Idle CPUs to Potential 51% Chaos Founded in 2014, the Monero network hides senders...

Bitcoin Mining Giant Mara Completes $950M Deal to Buy More BTC


The world’s largest publicly-traded bitcoin miner is also the world’s second-largest bitcoin holder among publicly listed companies. Mara Secures $950M Funding to Expand Bitcoin Holdings Bitcoin mining firm Mara Holdings (Nasdaq: MARA) has raised $950 million by issuing interest-free senior...

Monero Faces Looming 51% Attack Threat From Rival Blockchain Qubic


Monero ( XMR), the leading privacy-focused cryptocurrency by market cap, faces an unprecedented threat as rival project Qubic prepares to attempt control of over 51% of its mining hashrate starting Aug. 2. Monero Community Faces Another Challenge Qubic founder Sergey Ivancheglo (known as CFB)...

Bitcoin’s Hashrate Brushes All-Time High as Miners Close in on June Peak


Bitcoin’s computing power crept right up to its June 13 peak of 946 exahash per second (EH/s), brushing against it with a 945 EH/s reading on Sunday morning. Race to the Top: Bitcoin Hashrate Inches Within Striking Distance of Peak As of 10 a.m. Eastern on Sunday, July 27, Bitcoin’s hashrate...

Is Cango a Bitmain Proxy? Here’s What I Found


CANG just became the 4th largest public Bitcoin miner by hash rate. But after a recent leadership shakeup, is it now acting as a proxy for Bitmain? We break down the ownership changes, executive ties, and industry links to uncover what’s really going on. Cango Becomes Top-4 Public Bitcoin Miner...

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