The global mining industry is undergoing significant transformation, with one of the key developments being Bitmain’s announcement to open its first Bitcoin mining hardware manufacturing plant in the United States.
MARA (formerly Marathon Digital) released its financial report for Q2 2025. The company’s revenue increased by 64% compared to the same period last year.
On July 26, during the latest adjustment, Bitcoin’s mining difficulty increased by only 1.07%. However, that was enough for the metric to reach an all-time high of 127.62 T.
MARA Holdings Inc., the largest bitcoin miner by asset size, plans to sell $850 million worth of zero-coupon convertible bonds maturing in 2032. A portion of the proceeds will be allocated to purchasing bitcoins.
Miners now have less than 6% of all bitcoins left to mine. Out of the total 21 million BTC supply, 19.9 million coins have already been created — nearly 95% of the total.
The metric has approached the all-time high recorded in May of 126.98 T. After the difficulty adjustment, the average network hashrate dropped to 797 EH/s, while the block interval exceeded 11 minutes.
The KULR Technology Group has launched 3,570 S19 XP miners from Bitmain at facilities in Asunción (Paraguay), according to a press release.
The primary driver attracting investment to Paraguay’s mining industry is access to cheap and renewable electricity, generated by Itaipu — one of the largest hydroelectric power plants in the world.
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