mining

Bitcoin Treasuries.NET posted on platform X that the publicly listed Bitcoin mining company CleanSpark has increased its holdings by 7 Bitcoins, bringing its total to 13,931 Bitcoins, ranking 11th in the Bitcoin 100 leaderboard.

On August 7, local time, U.S. President Trump will convene executives from several major mining companies at the U.S. Department of State to take action to secure the supply of critical minerals for the U.S. and its allies.Expected industry giants in attendance include Rio Tinto Group, BHP Billiton, and Freeport-McMoRan Copper & Gold Inc. The Trump administration plans to announce multiple transactions and memoranda of understanding.

According to Lookonchain monitoring, the mining company MARA, which holds 36,303 bitcoins (worth $2.34 billion), deposited 200 bitcoins, valued at $12.86 million, into the institutional custody platform NYDIG 10 hours ago.The mining company Riot Platforms also continues to send bitcoins to NYDIG, depositing 381 bitcoins, valued at $24.51 million, 10 hours ago.

The Ethereum Foundation has released a job posting for a Protocol Security Researcher, part of the protocol security team, responsible for identifying security vulnerabilities in various aspects such as the execution layer, consensus layer, network layer, specifications, and client implementations. The work includes AI-assisted security research and automated vulnerability discovery, hard fork reviews, fuzz testing tool development, manual audits of protocol changes, and coordinating vulnerability disclosures.The team requires candidates to have deep experience with the Ethereum protocol, with a preference for engineers who have actively participated in protocol development and are familiar with the specifications of the execution layer or consensus layer. Common programming languages include Go, Rust, Java, C#, Nim, and Python. Remote work is available, and the position is open to candidates in Europe and globally.

According to BeInCrypto, since November 2025, Bitcoin's 30-day average hash rate has decreased by 19%, dropping from 1,108 EH/s to 898 EH/s. Glassnode data shows that this nine-month decline is the longest in the network's history.This decline coincides with the largest capital migration in mining companies' history, with mining firms holding over $70 billion in AI contracts, and some of the power capacity originally used for Bitcoin mining has shifted to AI hosting, which may be difficult to return.

According to CryptoSlate, Bitcoin mining company Cipher Digital sold 1,619 Bitcoins for $123.4 million, confirming a loss of $47.7 million. The documents submitted show that interest expenses were $66.7 million, while mining revenue was $24.8 million.As of the end of June, Cipher held 646 Bitcoins, worth $37.8 million. Quarterly mining revenue decreased compared to $43.6 million in the same period last year, with a loss of $23.5 million in the second quarter.

According to Globenewswire, Bitcoin mining company PowerCompute (formerly LM Funding America) announced the completion of a $18 million debt refinancing, using 307 BTC from PowerCompute's inventory as collateral. This replaces previous loans including a $11 million loan from Galaxy Digital, a $5 million loan for the acquisition of a 15 MW facility in Oklahoma, and a $2 million loan for the acquisition of an 11 MW facility in Mississippi.This refinancing will drive its expansion from Bitcoin mining to high-performance computing (HPC) and artificial intelligence (AI) infrastructure.

According to Gate market data, as gold prices approach a one-month high, U.S. gold mining stocks generally rose in pre-market trading. Newmont Corporation (NEM.N) rose by 3.5%, Gold Fields Limited (GFI.N) rose by 5.4%, and Harmony Gold Mining Company Limited (HMY.N) rose by 4.6%. The SPDR Gold ETF increased by 2.1%.

According to BBX data, yesterday global listed companies, large asset management institutions, and treasury protocols disclosed the latest real dynamics in the purchase and reserve allocation of crypto assets, with the core information as follows:Cardone Capital increased its holdings by 350 bitcoins: Grant Cardone, CEO of the real estate investment company Cardone Capital, announced that Cardone Capital has recently increased its holdings by 350 bitcoins (worth approximately $22.3 million) in the secondary market, further expanding the proportion of digital asset allocation in its real estate asset management system.Ethereum treasury protocol ETH Strategy increased its holdings by 2,520 ETH: The Ethereum treasury protocol ETH Strategy announced that it has again increased its holdings by 2,520 ETH. After this increase, its total Ethereum holdings have significantly risen from the previous amount to 6,920 ETH.OranjeBTC steadily increased its holdings by 30 bitcoins: Brazilian listed company OranjeBTC (B3: $OBTC3) disclosed the latest treasury data, stating that the company has again purchased 30 bitcoins. After this accumulation, its total bitcoin holdings have steadily risen to 3,948 BTC.Ruihe Smart (03680.HK) obtained 32.73 BTC through cloud mining: Hong Kong listed company Ruihe Smart (03680.HK) announced that the company successfully obtained 32.73 bitcoins as rewards through its cloud mining business on August 2 (worth approximately $2.71 million), continuously acquiring native crypto assets through its main business liquidation.

According to monitoring by Lookonchain, the Bitcoin mining company MARA, which holds 36,303 BTC (worth $2.34 billion), transferred 6,000 BTC (worth $384.6 million) to TwoPrime in the past 5 hours.This transfer is not necessarily a sale and may be for asset management purposes.

According to The Nation Online, the Nigerian Tax Authority has released the "Virtual Asset Taxation Guidelines," officially incorporating cryptocurrencies, stablecoins, NFTs, and other blockchain digital assets into the country's tax system. The guidelines were published on July 31 and provide the first detailed framework for taxing the income from assets such as cryptocurrencies, stablecoins, governance tokens, and NFTs.The guidelines stipulate that income generated from the disposal, exchange, or transfer of virtual assets must be taxed according to Nigerian tax law, and income from blockchain activities such as mining, staking, validating, airdrops, and token rewards is also subject to taxation. Virtual assets must be valued at the market price of exchange platforms recognized by the tax authority. Individuals and businesses must maintain complete transaction records, and virtual asset service providers must register for taxation and report large or suspicious transactions. The SEC continues to regulate securities-type virtual assets, while the tax authority is responsible for tax management. The guidelines do not set a separate tax rate for cryptocurrencies but apply existing tax law provisions. The guidelines follow President Bola Tinubu's executive order on establishing a coordinated regulatory framework for virtual assets.

An independent Bitcoin miner mined Bitcoin block 960804 at 02:11 UTC on Monday, receiving a reward of 3.1568983 BTC, worth approximately $200,000. This reward includes a block subsidy of 3.125 BTC and a transaction fee of 0.032 BTC from 4243 transactions. CKPool developer Dr-ck stated that this block is the 317th independent block mined through CKPool, with the winning address being bc1qdyqjq9qccp34pyv3kxmsrkn7p0amnsqqy8kdeq.Its hash rate fluctuated significantly, peaking at 100 PH, suspected to be from rented hash power. At that time, the total Bitcoin network hash rate was 924 EH/s, and this peak accounted for approximately 0.011% of the entire network, corresponding to about one block mined every 64 days. CKPool allows independent miners to access its infrastructure without running a full Bitcoin node and charges a 2% fee from the mined blocks.

According to CoinDesk, American Bitcoin (ABTC), a Bitcoin mining company associated with the Trump family, announced that President and interim Chief Financial Officer (CFO) Matt Prusak will leave on August 4 to join AI and energy infrastructure company Giga Energy as Chief Business Officer and interim CFO.Prusak stated that after "years of building the Bitcoin business," he will shift to the upstream energy infrastructure sector, focusing on the current power supply issues that limit the development of Bitcoin mining and AI computing.American Bitcoin was co-founded by Eric Trump and supported by Hut 8, and it is a publicly traded Bitcoin mining company listed on NASDAQ. Prusak was previously responsible for driving the company's Bitcoin accumulation strategy, including expanding hash power and increasing the BTC holdings per share.Giga Energy, headquartered in Houston, primarily develops power equipment and AI data center infrastructure. The company stated that it has delivered over 6.5GW of power infrastructure and is developing over 500MW of AI data center capacity.Industry insiders believe that Prusak's transition reflects the accelerating migration of the Bitcoin mining industry towards the AI infrastructure sector. As competition in the mining business intensifies and profit margins are pressured, more mining companies are beginning to leverage their own power resources, land reserves, and data center capabilities to enter the AI computing infrastructure market.As large tech companies compete for power and data center capacity, energy supply has become a core bottleneck for the expansion of AI computing, and companies with the ability to integrate power resources are gaining more attention.

According to Fortune, the software-driven mining startup Mariana Minerals has completed a $310 million Series B funding round, led by Khosla Ventures, with participation from Andreessen Horowitz (a16z), Breakthrough Energy Ventures, Greenoaks, BHP Ventures, and Mitsubishi Corporation. To date, the company has raised a total of $400 million, with a valuation of $1.5 billion.Mariana was co-founded in 2024 by Turner Caldwell, a former member of the Tesla factory design and construction team, and is headquartered in San Francisco, aiming to reshape the traditional mining industry with software technology. The company currently operates two mines: Copper One in Utah (copper mine, targeting an annual refined copper production of 50,000 tons) and Lithium One in Texas (lithium mine, expected to commence commercial production in 2027).

According to Livecoins, Brazilian police discovered a hidden illegal Bitcoin mining operation at a recycling station during a routine inspection targeting the theft and sale of scrap metal. Approximately 15 ASIC miners and 3 servers were seized on-site, with the total value of the equipment estimated to exceed 200,000 reais (about 39,400 USD).Bitcoin mining is not illegal in Brazil itself, but these devices were illegally tapping into electricity, with local power company Cemig estimating a monthly loss of about 60,000 reais (about 11,800 USD). A 37-year-old employee of the recycling station was unable to explain the source of the equipment and did not provide an invoice, leading to his arrest on charges of theft and trafficking. The police have also filed cases against a 31-year-old man and woman responsible for the business.The police stated that they are currently investigating the flow of the mined cryptocurrency.

According to Bits media, the Russian government will ban cryptocurrency mining in eight districts of Moscow, Moscow Oblast, and the Kursk Krai starting from August 15. The ban will officially remain in effect until December 31, 2032.The restrictions include eight urban districts in Kursk Oblast and the city of Lgov, and apply to local residents participating in activities such as mining pools. The relevant decree was signed by Russian Prime Minister Mikhail Mishustin and published on the official legal information portal of Russia.

According to the New Straits Times, Malaysian police recently dismantled an illegal Bitcoin mining operation located in Tronoh, arresting two men aged 40 and 52, and confiscating 73 cryptocurrency mining devices and related equipment.