#bitcoin-mining

#bitcoin-mining

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.'

In June, Bitdeer mined 203 BTC, a 4% increase from May, driven by higher self-mining hashrate, which rose 21% to 16.5 EH/s. 'In June, we increased our self-mining hashrate by 21% to 16.5 EH/s and we remain on track to reach 40 EH/s by the end of October 2025,' said Matt Kong, Chief Business Officer at Bitdeer.

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.

American Bitcoin Corp, on its journey since April 2025, has emphasized that its core business revolves around Bitcoin accumulation, aiming for industry leadership and significant mining efficiency.

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.

Our partnership with Crusoe was founded on a shared cultural alignment and mutual commitment to driving advancements at the intersection of power and compute. NYDIG CEO Tejas Shah

Miners face a balancing act between liquidity and preserving Bitcoin. Partnering with NiceHash bridges that gap, offering tools to scale operations without selling assets.

Daily bitcoin mining revenue and gross profit decreased for the fourth consecutive month, with the block reward gross profit hitting its lowest point in recent history.