Marathon Digital’s June update shows a bigger mining fleet and a bigger BTC stash: 31.5 EH/s of reported capacity, 18,536 unrestricted BTC held, and no bitcoin sold last month. It’s a clear snapshot of how post-halving miners are fighting to stay ahead.
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IREN’s stock tumbled after the company handed its co-founders a massive equity award as it pushes from Bitcoin mining toward AI infrastructure. Investors saw dilution, weak accountability, and too much founder-friendly power, while Jim Chanos blasted the move as hard to justify.
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HashKey Capital is launching a Bitcoin Hashrate Fund with BITMAIN, giving professional investors BTC-denominated exposure to mining economics as miners face tighter margins, falling difficulty, and rising pressure to diversify beyond hashpower.
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Braiins’ rumored Forge Miner is being described as a stackable 4.8 TH/s Bitcoin miner, but the details are thin: no specs, no price, and no proof it’s actually shipping. Until the watts, availability, and real product page appear, treat the hype with caution.
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Bitcoin block 955,318 is being reported as the first known Stratum V2 mainnet block, a small but meaningful shift that gives miners more say over transaction selection and nudges power away from pools — though not nearly far enough to call it a clean break.
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IREN is using a multi-year Golden State Warriors sponsorship to rebrand itself as an AI infrastructure company, with Fox Business reporting the deal could top $50 million a year. The flashy move may help its pitch, but real proof will come from power, GPUs, and customer contracts—not jersey patches.
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IREN is being valued less like a Bitcoin miner and more like an AI infrastructure play with mining on the side. Real AI revenue, big contract targets, and a massive capex buildout are driving the rerate — but so are losses, debt, and serious execution risk.
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DMND says it has launched the first Bitcoin mining pool using Stratum V2, a move that gives miners more control over block construction and pushes back against mining centralization. It’s a real step forward — just not a magic fix for Bitcoin’s pool power problem.
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Thailand shut down an illegal Bitcoin mining network across five provinces, seizing 315 rigs and exposing yet another shady setup abusing power and rules. Legit mining is one thing; electricity theft dressed up as crypto innovation is just a crime with fans.
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Bitdeer sold every Bitcoin it mined since February, cashing out over $205M to keep its mining business liquid. It’s a blunt reminder that miners are running a hard-nosed industrial operation, not a Bitcoin monastery.
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