China’s Bitcoin Mining Isn’t Dead — It’s The World’s No. 3 Contributor

According to recent estimates, China accounted for about 14% of Bitcoin’s global hash-rate in late 2025, a slight rise from roughly 13% the prior quarter. Based on reports, that share translates to an estimated slice near 145 EH/s of computing power tied to Chinese influence. Related Reading: Quantum Shock: Google’s Breakthrough Puts Bitcoin’s Encryption On […]

Tether’s Uruguay Mining Operations Stall Due To $5-M Energy Debt — Details

Tether’s expansion into Bitcoin mining in Uruguay has run into a major setback after the state-owned electricity provider UTE suspended service to the stablecoin operator’s two mining facilities over unpaid bills of roughly $5 million. The disruption, confirmed on July 25, 2025, comes only two years after Tether unveiled the Bitcoin mining project in the […]

Galaxy Digital Secures $1.4B Loan To Convert Helios Mining Facility To AI Data Center

Galaxy Digital has secured a $1.4 billion loan to repurpose its Helios Bitcoin mining center into an artificial intelligence data center. This move aligns with the digital asset management firm’s long-term deal with the Graphics Processing Unit (GPU) provider CoreWeave Inc. Loan Facility To Cover 80% Of Data Center Project On Friday, August 15, Galaxy […]

Bitcoin Mining Power Nears New Record: 7-Day Hashrate Hits 942 EH/s

On-chain data shows the weekly average Bitcoin Hashrate has surged to 942 EH/s, putting it within striking distance of the all-time high (ATH). Bitcoin Hashrate Has Gone Through A Recovery Run The “Hashrate” refers to a Bitcoin indicator that keeps track of the total amount of computing power that miners have currently attached to the […]

Bitcoin Miners Quiet Down—Volume Hits Lowest Since 2022

On-chain data shows the Bitcoin miners have seen a drop in activity as their transaction volume share has declined to multi-year lows. Bitcoin Miner Volume Is Now At Its Lowest Since November 2022 According to data from the institutional DeFi solutions provider Sentora (formerly IntoTheBlock), the Bitcoin Miners’ Volume Share has recently gone down. This […]