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.
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.
"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."