cryptomining

Riot Platforms Reports $219.5 Million Net Income in Q2 2025 — Mining Boom Continues 💰⚡

Riot Platforms has just posted Q2 2025 earnings, and the results are turning heads! The Bitcoin mining giant raked in a net income of $219.5 million, powered by increased BTC production and strategic energy partnerships.

🔍 What Drove the Profit Surge?

Riot mined 1,775 $BTC BTC during Q2 — a 35% increase YoY.

Strategic access to low-cost power agreements allowed Riot to save big while maximizing output.

The recent $BTC Bitcoin price rally also played a major role in boosting earnings.

📊 Key Highlights:

Revenue: $321 million

Net Income: $219.5 million

BTC Holdings: 8,457 $BTC as of June 30

Riot expects even higher profitability going into Q3 with the expansion of its Texas facility.

🔥 Why It Matters to You This signals institutional strength in crypto mining despite halving pressure and regulatory uncertainty. When large miners profit, it often reflects confidence in Bitcoin’s long-term outlook.

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💡 If Riot’s winning this big, what’s stopping retail investors from catching a piece of the action?

📈 Stay sharp. Stay informed. Stay ready.

#Bitcoin #CryptoMining #RiotPlatforms #BTC #CryptoNews #Write2Earn

As of July 30, 2025, new rules for data centers have come into effect in Russia, requiring them to provide the Federal Tax Service (FTS) with detailed information about cryptocurrency miners and their equipment. This initiative is part of the legalization of mining, which began in November 2024, and aims to strengthen control over the industry, which ranks second in the world in terms of industrial capacity.

📅 July 29 | United States
While the Bitcoin price maintains historic levels, one of the world's largest miners, Marathon Digital Holdings (MARA), just reported an explosive quarter: its adjusted EBITDA soared 1.002% year-over-year.
Yes, more than 1.000%.
In an ecosystem where many miners are struggling to stay afloat after the latest halving, MARA is not only surviving: it is shining brightly and positioning itself as an unbeatable leader in operational efficiency, mining power, and financial return.
📈 Marathon's Golden Quarter: Impactful Data
The report presented by Marathon Digital revealed that the firm achieved an adjusted EBITDA of $337.2 million, compared to the modest $30.6 million in the same quarter of the previous year.
This +1.002% jump is no coincidence.
🔍 What's behind this milestone?
🏗️ Massive capacity expansion: Marathon reached a record 25.5 EH/s (exahashes per second) of mining power operating on a global scale.⚡ Optimized costs: Thanks to strategic renewable energy agreements and technical efficiency, the average cost per BTC mined was reduced. 💹 Favorable BTC price: The rally above $110,000 further boosted the profit margin.📦 Strategic accumulation: Not everything mined was sold. MARA is strengthening its treasury in BTC as a store of value.
In the words of its CEO, Fred Thiel:
"This quarter demonstrates the strength of our operating model, even in an increasingly competitive network environment."
In addition to record profits, Marathon reaffirmed its expansion plans outside the US, with farms under construction in Paraguay, the United Arab Emirates, and Africa, consolidating a truly global vision for Bitcoin mining.
Topic opinion:
Seeing +1.000% EBITDA growth in a post-halving environment with increasing network difficulty is a tremendous sign of operational leadership.
MARA doesn't play like the others: it invests for the long term, diversifies its infrastructure, and thinks like a central bank with ASICs.
This case is a wake-up call for other less efficient miners, and a signal for investors: mining, well executed, remains a value-printing machine in the crypto ecosystem.
The interesting thing now will be to see if other miners like Riot or CleanSpark can keep up… or if MARA becomes the “BlackRock of mining.”
💬 Are you surprised by Marathon's performance in this market?
Leave your comment...
#Marathon #Bitcoinmining #CryptoMining #MARA #CryptoNews

Introduction
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A peaceful learning environment at Lake Superior Academy, a Canadian elementary school, has been disrupted by an unexpected issue — a high-pitched metallic screech coming from a nearby crypto mining center. The school decided to take action by filing a lawsuit, citing persistent noise that witnesses describe as a “choir of mechanical insects.”
The mining facility is located about seven miles south of Sault Ste. Marie, and according to school principal Susie Schlehuber, the noise levels reached 75 decibels earlier this year — equivalent to the volume of a vacuum cleaner. Near the school's entrance, the noise measured 65 decibels, similar to a washing machine. The real problem began in March, when an unpleasant tonal screech joined the mix.

⚖️ Court Action: When Dialogue Fails
The school initially tried to resolve the issue peacefully but to no avail. Schlehuber noted the loud operation runs 24 hours a day, seven days a week, making normal school functioning nearly impossible. The academy emphasizes environmental education, with students spending a significant portion of their day outdoors. Because of the noise, outdoor classes had to be canceled, windows remain shut, and plans for two new classrooms have been suspended.
According to the lawsuit, a two-week court-ordered suspension briefly paused the mining activity, and the company attempted to muffle the noise by stacking hay bales around the machines — but the disturbance continued.

🧊 Florida-Based Operation in a Canadian Forest
The mining facility is owned by Odessa Partners LLC, based in Boca Raton, Florida, and linked to entrepreneur Michael Carbonara, CEO of fintech company Ibanera. The ownership structure also includes entities registered in Wyoming and Delaware. Carbonara reportedly applied for the original building permits but has not yet responded to the lawsuit.
The last known communication between parties was in June when Judge James Lambros of Chippewa County ordered a temporary shutdown. Odessa later filed a statement claiming daily losses of $15,000 and efforts to reduce noise, highlighting their use of hay bales.

🚛 A Passing Truck vs. Constant Wailing
Odessa’s legal team argued that the school is located next to Interstate 75, suggesting the facility's noise is quieter than typical highway traffic. Principal Schlehuber countered:

“There’s a big difference between a noisy truck passing a few times a day and constant, never-ending noise.”
She said she had tried to collaborate with Odessa Partners since March but saw no progress.

“We realized we needed to do more than just talk,” she added.

❄️ A Mining Haven Thanks to Cold and Power
According to the CEO of OOM Technologies, which operates a hosting facility nearby, the area is attractive to miners due to abundant power and cold climate.

“The most efficient way to cool machines is through natural airflow,” he said.

#CryptoMining , #CryptoLawsuit , #CryptoNews , #worldnews , #Canada

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On the night of July 27, 2025, a solo miner achieved incredible success by independently mining block #907,283 in the Bitcoin network. His reward amounted to 3.154 $BTC , equivalent to $372,773, including fees for 4,038 transactions. This rare case occurred thanks to hardware with a hash rate of 49 TH/s, and the chances of success are estimated at 1 in 130,000 daily, according to CKPool administrator Kon Kolivas.