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8 posts • GPT (4.1 mini)
Published
Marathon Digital Holdings Inc. (MARA), a publicly traded Bitcoin mining company, has reported a surge in institutional interest in Bitcoin, according to CEO Fred Thiel. Thiel highlighted that this growing demand is leading to significant accumulation of Bitcoin, which is driving the cryptocurrency's price near record highs. He also noted the emergence of numerous Bitcoin treasury companies, reflecting accelerating corporate adoption. As of early July 2025, Marathon Digital holds over 50,000 Bitcoins valued at approximately $5.5 billion, making it the second-largest Bitcoin treasury globally.
8 posts • GPT (4.1 mini)
Published
Marathon Digital Holdings (MARA) reported a 25% decline in Bitcoin mining production in June 2025, reflecting increased mining difficulty on the Bitcoin network. Despite this short-term drop, the company announced plans to expand its mining capacity by 40%, targeting a hashrate of 75 exahashes per second (EH/s) by the end of 2025. This expansion is supported by existing machine orders and a 3 gigawatt low-cost power pipeline. Marathon is also approaching a milestone of holding nearly 50,000 Bitcoins in its treasury. The company’s strategy aims to stabilize revenue, with projections of approximately $300 million annually over the next 15 years, highlighting its efforts to manage earnings volatility typical in the Bitcoin mining sector.
4 posts • OpenAI (o3)
Published
U.S.-listed Bitcoin miners now generate about 31.5% of the world’s computing power dedicated to securing the Bitcoin network, according to a research note from JPMorgan. The bank said the combined hashrate of 13 publicly traded miners it tracks has almost doubled over the past 12 months, climbing 99% year over year.
The miners’ expansion has outpaced the broader network, whose hashrate grew 55% during the same period. Analysts noted that the rapid build-out is contributing to record levels of network difficulty and higher electricity consumption, pushing the marginal cost of mining Bitcoin to new highs.
JUST IN: US-LISTED BITCOIN MINERS NOW CONTROL RECORD 31.5% OF GLOBAL HASHRATE JPMORGAN SAYS 13 MINERS’ HASHRATE UP 99% YOY VS 55% NETWORK GROWTH Source: @BitcoinNewsCom
US-LISTED BITCOIN MINERS NOW CONTROL RECORD 31.5% OF GLOBAL HASHRATE US-listed Bitcoin miners have hit a record milestone, commanding 31.5% of global hashrate. According to JPMorgan, the hashrate of 13 major public miners has surged 99% year-over-year—far outpacing the
NEW: 🇺🇸 US-listed Bitcoin miners now control a record 31.5% of global hashrate, according to JPMorgan. The combined hashrate of the 13 miners tracked by the bank is up 99% year-over-year, far outpacing the 55% growth in total network hashrate.
The cost to mine $btc is soaring as hashrates hit record highs, @tom_carreras writes
5 posts • GPT (4.1 mini)
Published
JPMorgan has reported that the first quarter of 2025 was one of the strongest periods on record for publicly traded bitcoin mining companies. Reflecting improved industry economics, the bank maintained a neutral rating on Marathon Digital Holdings (ticker: MARA) but raised its price target from $18.00 to $19.00. The positive outlook highlights a notable performance in the bitcoin mining sector, suggesting growing institutional confidence in the industry's future.
13 posts • GPT (4.1 mini)
Published
Marathon Digital Holdings reported its Q1 2025 earnings with revenue of $213.9 million, representing a 30% increase year-over-year, but missed the estimated $217 million. The company posted a GAAP net loss of $533 million, driven by a $510 million markdown in digital assets, resulting in an EPS of negative $1.55 versus an estimate of negative $0.37. Marathon's Bitcoin holdings surged 174% to 47,531 BTC. Operationally, the company improved its purchased energy cost per Bitcoin to $35,728 and enhanced its daily cost per petahash by 25% year-over-year.
Marathon also completed construction of a 200-megawatt data center in Ohio, with 100 megawatts currently online. Its energized hashrate rose 95% year-over-year to 54.3 EH/s. Meanwhile, Wolfspeed, a semiconductor manufacturer, saw its Q1 2025 revenue decline 19% year-over-year to $18.2 million, missing analyst expectations amid operational challenges. The company mined 372 Bitcoin in Q1 but faces ongoing concerns about its future due to slowing electric vehicle sales impacting its annual revenue forecast. Wolfspeed's stock dropped more than 20% premarket following the earnings report and revenue forecast miss. The broader electric vehicle market experienced a slowdown in consumer demand recently.
6 posts • GPT (4.1 mini)
Published
Bhutan has begun mining Bitcoin using electricity generated from hydroelectric power plants, positioning its cryptocurrency assets as environmentally friendly. In contrast, Kuwait has banned Bitcoin mining, citing concerns over excessive energy consumption and illegal activities. The Kuwaiti government reported that approximately 1,000 sites were found to be mining cryptocurrency illegally, exacerbating strain on the country's power grid and causing blackouts. Crypto mining has been illegal in Kuwait since July 2023, but authorities have recently issued new warnings to enforce the ban. Meanwhile, MARA Holdings, a Bitcoin mining company, has scaled up its operations to 25 megawatts using flare-gas-powered mining, contributing to the mitigation of 3.5 million tonnes of CO2 equivalent emissions annually by utilizing previously flared or vented gas as fuel.
5 posts • GPT (4o mini)
Published
MARA Holdings, Inc. reported a production of 829 Bitcoin (BTC) in March 2025, marking a 17% increase from February. This brings the company's total Bitcoin holdings to 47,531 BTC, following the successful mining of 242 blocks during the month. Additionally, MARA's mining pool, MARAPool, achieved a performance level of 54.3 EH/s, which is over 10% above the network average. These results highlight MARA's continued growth in Bitcoin mining despite rising mining difficulty in the market.
8 posts • GPT (4.1 mini)
Published
Marathon Digital Holdings Inc. (MARA), a publicly traded Bitcoin mining company, has reported a surge in institutional interest in Bitcoin, according to CEO Fred Thiel. Thiel highlighted that this growing demand is leading to significant accumulation of Bitcoin, which is driving the cryptocurrency's price near record highs. He also noted the emergence of numerous Bitcoin treasury companies, reflecting accelerating corporate adoption. As of early July 2025, Marathon Digital holds over 50,000 Bitcoins valued at approximately $5.5 billion, making it the second-largest Bitcoin treasury globally.
8 posts • GPT (4.1 mini)
Published
Marathon Digital Holdings (MARA) reported a 25% decline in Bitcoin mining production in June 2025, reflecting increased mining difficulty on the Bitcoin network. Despite this short-term drop, the company announced plans to expand its mining capacity by 40%, targeting a hashrate of 75 exahashes per second (EH/s) by the end of 2025. This expansion is supported by existing machine orders and a 3 gigawatt low-cost power pipeline. Marathon is also approaching a milestone of holding nearly 50,000 Bitcoins in its treasury. The company’s strategy aims to stabilize revenue, with projections of approximately $300 million annually over the next 15 years, highlighting its efforts to manage earnings volatility typical in the Bitcoin mining sector.
4 posts • OpenAI (o3)
Published
U.S.-listed Bitcoin miners now generate about 31.5% of the world’s computing power dedicated to securing the Bitcoin network, according to a research note from JPMorgan. The bank said the combined hashrate of 13 publicly traded miners it tracks has almost doubled over the past 12 months, climbing 99% year over year.
The miners’ expansion has outpaced the broader network, whose hashrate grew 55% during the same period. Analysts noted that the rapid build-out is contributing to record levels of network difficulty and higher electricity consumption, pushing the marginal cost of mining Bitcoin to new highs.
JUST IN: US-LISTED BITCOIN MINERS NOW CONTROL RECORD 31.5% OF GLOBAL HASHRATE JPMORGAN SAYS 13 MINERS’ HASHRATE UP 99% YOY VS 55% NETWORK GROWTH Source: @BitcoinNewsCom
US-LISTED BITCOIN MINERS NOW CONTROL RECORD 31.5% OF GLOBAL HASHRATE US-listed Bitcoin miners have hit a record milestone, commanding 31.5% of global hashrate. According to JPMorgan, the hashrate of 13 major public miners has surged 99% year-over-year—far outpacing the
NEW: 🇺🇸 US-listed Bitcoin miners now control a record 31.5% of global hashrate, according to JPMorgan. The combined hashrate of the 13 miners tracked by the bank is up 99% year-over-year, far outpacing the 55% growth in total network hashrate.
The cost to mine $btc is soaring as hashrates hit record highs, @tom_carreras writes
5 posts • GPT (4.1 mini)
Published
JPMorgan has reported that the first quarter of 2025 was one of the strongest periods on record for publicly traded bitcoin mining companies. Reflecting improved industry economics, the bank maintained a neutral rating on Marathon Digital Holdings (ticker: MARA) but raised its price target from $18.00 to $19.00. The positive outlook highlights a notable performance in the bitcoin mining sector, suggesting growing institutional confidence in the industry's future.
13 posts • GPT (4.1 mini)
Published
Marathon Digital Holdings reported its Q1 2025 earnings with revenue of $213.9 million, representing a 30% increase year-over-year, but missed the estimated $217 million. The company posted a GAAP net loss of $533 million, driven by a $510 million markdown in digital assets, resulting in an EPS of negative $1.55 versus an estimate of negative $0.37. Marathon's Bitcoin holdings surged 174% to 47,531 BTC. Operationally, the company improved its purchased energy cost per Bitcoin to $35,728 and enhanced its daily cost per petahash by 25% year-over-year.
Marathon also completed construction of a 200-megawatt data center in Ohio, with 100 megawatts currently online. Its energized hashrate rose 95% year-over-year to 54.3 EH/s. Meanwhile, Wolfspeed, a semiconductor manufacturer, saw its Q1 2025 revenue decline 19% year-over-year to $18.2 million, missing analyst expectations amid operational challenges. The company mined 372 Bitcoin in Q1 but faces ongoing concerns about its future due to slowing electric vehicle sales impacting its annual revenue forecast. Wolfspeed's stock dropped more than 20% premarket following the earnings report and revenue forecast miss. The broader electric vehicle market experienced a slowdown in consumer demand recently.
6 posts • GPT (4.1 mini)
Published
Bhutan has begun mining Bitcoin using electricity generated from hydroelectric power plants, positioning its cryptocurrency assets as environmentally friendly. In contrast, Kuwait has banned Bitcoin mining, citing concerns over excessive energy consumption and illegal activities. The Kuwaiti government reported that approximately 1,000 sites were found to be mining cryptocurrency illegally, exacerbating strain on the country's power grid and causing blackouts. Crypto mining has been illegal in Kuwait since July 2023, but authorities have recently issued new warnings to enforce the ban. Meanwhile, MARA Holdings, a Bitcoin mining company, has scaled up its operations to 25 megawatts using flare-gas-powered mining, contributing to the mitigation of 3.5 million tonnes of CO2 equivalent emissions annually by utilizing previously flared or vented gas as fuel.
5 posts • GPT (4o mini)
Published
MARA Holdings, Inc. reported a production of 829 Bitcoin (BTC) in March 2025, marking a 17% increase from February. This brings the company's total Bitcoin holdings to 47,531 BTC, following the successful mining of 242 blocks during the month. Additionally, MARA's mining pool, MARAPool, achieved a performance level of 54.3 EH/s, which is over 10% above the network average. These results highlight MARA's continued growth in Bitcoin mining despite rising mining difficulty in the market.