IREN soars 11% after mining more Bitcoin than MARA in July

IREN soars 11% after mining more Bitcoin than MARA in July

Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July. Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings in Bitcoin production. On Wednesday, IREN reported mining 728 Bitcoin (BTC) in…

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Trump tariffs could lower Bitcoin miner prices outside US, says mining exec

Trump tariffs could lower Bitcoin miner prices outside US, says mining exec

The Trump administration’s global “reciprocal tariffs” could see cheaper crypto mining rigs for non-US miners as manufacturers look to offload stock initially intended for the US. The Trump administration’s sweeping tariffs could collapse US demand for Bitcoin mining rigs, which would benefit mining operations outside the country as manufacturers will look outside the US to…

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