June 2025 was a huge month in Bitcoin mining. From record hash rates to $9B acquisitions, the landscape is shifting fast. Here's your monthly roundup 🧵👇 (by @cazenove_uk)
CleanSpark & IREN Hit 50 EH/s @CleanSpark_Inc achieved 50 EH/s with 16.15 j/TH fleet efficiency. @IREN_Ltd matched with 15 j/TH and 6% of the entire Bitcoin network hash rate. Both now stand among the world’s top miners.
Mining dynamics shifted in June: • Hashrate hit 918 EH/s, then dropped 30% due to seasonal curtailments. • Difficulty adjusted down by 7.48%, the largest since 2021. • Hashprice rebounded to $51.9/PH/day.
Bitcoin surged to $123,265 in July. Massive institutional flows: → $1.18B into spot ETFs → BlackRock’s IBIT now holds over 700,000 BTC — 3.3% of total supply.
@CoreWeave acquires @Core_Scientific in a $9B deal. Aims to repurpose 1.3 GW of mining capacity for AI/HPC. May divest from Bitcoin mining entirely. Major shift incoming.
@BitdeerOfficial, @BitDigital_BTBT, @HIVEDigitalTech , @RiotPlatforms & @dmgblockchain all posted major updates. • Bitdeer: 16.5 EH/s now, 40 EH/s by Oct • Hive: Doubled hashrate since Jan • Bit Digital: Pivoting to ETH staking • DMG: Hydro mining upgrades • Riot: 72% gross margin
Who’s leading? @CleanSpark_Inc , @HIVEDigitalTech , and @IREN_Ltd top utilization rates at 90%+, proving efficiency matters more than ever post-halving.
Hashrate milestones, shifting power strategies, and surging BTC prices are reshaping the game. 👉 Stay ahead with the full report:
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