#bitcoin-mining

#bitcoin-mining

One afternoon in June 2024, I stood up against the fence of a sprawling industrial facility a few miles outside of Corsicana, Texas. Over a metal gate, I watched a bright yellow excavator claw at the dirt and flatbed trucks shuttle to and fro. A hangar-like structure with a gleaming white roof stretched hundreds of meters along the opposite perimeter. The company that owned the plot, Riot Platforms, was busily constructing the world's largest bitcoin mine.

Colombian Bitcoin and crypto mining company Horeb Energy reveals 2.5 cents per kWh of green biogas energy in the North Santander region of the Latin American country. The company has achieved energy prices 50% lower than the North American average of 3.5 to 6 cents per kwh for Bitcoin mining operations, through a strategic alliance with multinational energy company Veolia. Authorized in 1853 by Napoleon III to help build out public water works infrastructure in France, Veolia is a global leader in environmental services focused on water, waste, and energy solutions. Today in Norte de Santander, Colombia, the company operates critical facilities dedicated to biogas valorization and solid waste management - a common problem in Colombia and Latin America in general, known for massive landfills. Veloia also operates the "Centro Inteligente de Gestión Ecológica" - CIGE Guayabal landfill, a pioneer in biogas systems development in the region.

As Kent Halliburton stood in a bathroom at the Rosewood Hotel in central Amsterdam, thousands of miles from home, running his fingers through an envelope filled with 10,000 euros in crisp banknotes, he started to wonder what he had gotten himself into. Halliburton is the cofounder and CEO of Sazmining, a company that operates bitcoin mining hardware on behalf of clients-a model known as "mining-as-a-service."

The fund will be seeded with assets seized or repatriated from abroad, along with proceeds from state-backed bitcoin mining operations. Central bank governor Timur Suleimenov said in London this week that the fund will invest "very carefully" through regulated instruments such as exchange-traded funds (ETFs) and shares of companies involved in digital finance, rather than holding cryptocurrencies like bitcoin directly.

Shares of crypto miners rallied on Friday, with Bitfarms, Cipher Mining and Hut 8 extending gains after trading company Jane Street disclosed sizable positions in all three Bitcoin mining companies. Filings submitted to the US Securities and Exchange Commission on Thursday show that Jane Street's trading affiliates own roughly 5.4% of Bitfarms, 5% of Cipher Mining and 5% of Hut 8, representing passive trading positions rather than activist holdings.

Sazmining, the pioneer in Bitcoin Mining-as-a-Service (BMaaS), bringing Software as a Service to Bitcoin Mining for the masses, today announced two significant milestones that redefine the future of mining: a full integration with OCEAN, the decentralized Bitcoin mining pool backed by Jack Dorsey and Luke Dashjr, and the industry's first-ever Annual Rig Performance Guarantee. Together, these advancements solidify Sazmining as the most transparent, customer-aligned, and sustainable partner in the Bitcoin mining industry.

For months, a group of Hood County, Texas, residents has been pushing to create a new town of their own. The effort began in March, when citizens living in a two-square-mile unincorporated stretch of the county, about 50 miles southwest of Fort Worth, started gathering signatures to form what they hope will become Mitchell Bend, Texas. By April, organizers believed they had enough support and submitted their petition to county officials.

Alpha Watt's Dafter facility utilizes surplus energy from Cloverland Electric Cooperative, one of America's oldest hydroelectric plants, to stabilize the energy grid.

A Boeing 777-300ER took off carrying 3,000 kilograms of bitcoin mining equipment for New York, leading a rush to avoid new tariffs announced by Trump.

IREN (NASDAQ: IREN) reported a record Q3 revenue of $148.1 million, a 172% increase year-over-year, driven by efficient Bitcoin mining and a 98% margin AI cloud segment.

Electricity producers are often compelled to sell overproduced energy at a loss due to a lack of storage, which constitutes an 'unacceptable economic and energy loss.'

Bow Miner achieved a remarkable performance on June 29, 2025, with only 580 computing power earning 33 BTC worth over 3.54 million US dollars in a single day.

Unlike traditional load growth that materializes gradually over years, data centers demand immediate energy solutions. This creates a difficult position for some electric utilities.

"GDA's strategic priority is to combine operational excellence with long-term sustainability," said the Executive President of GDA Abdumalik Mirakhmedov. "Auradine's advanced mining systems offer the performance and flexibility we need to compete globally while staying aligned with our focus on responsible energy use, innovation, and a commitment to supporting the grid."

Key investors will be eager to see if IREN can maintain its profitability, particularly amidst the volatile landscape of bitcoin prices and fluctuating energy costs.