Global #Bitcoin mining

Tether's efforts to expand its Bitcoin mining operations in Uruguay have hit a significant roadblock.

While Bitcoin ($BTC) faces resistance near its all-time high of $124,500, its mining stocks are experiencing a significant surge, outperforming the cryptocurrency itself despite increasing industry challenges.

Riot Platforms, a leading publicly traded Bitcoin mining company, reported a successful period of operations.

Bitcoin mining firm IREN has announced its best-ever quarterly earnings, with revenue reaching $187.3 million last quarter and $501 million for the fiscal year.

TeraWulf (WULF), a Nasdaq-listed cryptocurrency mining company, has seen a significant increase in its stock price following a major investment from tech giant Google.

Nasdaq-listed company Bit Digital has reported a decline in second-quarter revenue but achieved a net income by shifting its business focus.