Summary: the 5 most important news of the week in the Bitcoin mining industry

Source: CritpoTendencia Original Title: Summary: the 5 most important news stories of the week in the Bitcoin mining industry Original Link: A new week closes in the tumultuous world of cryptocurrencies, with movements of great relevance, especially in prices. BTC, the largest of the virtual currencies by market capitalization, recorded a notable improvement by advancing +5% in the last 7 days. This rebound had a direct influence on the dynamics of the mining sector and, at the same time, was impacted by it.

It is worth remembering that there is a mutual influence relationship between price and mining activity. Mining plays an essential role in market liquidity and, in a way, acts like a huge Bitcoin whale.

In addition, the mining sector supports the global security of the network, making it a critical observation point for investors and analysts. In this work, as every week, we review the 5 news stories that shaped the pace of the Bitcoin mining industry.

The 5 Most Notable Bitcoin Mining News of the Week

In this classic weekly mining summary, we bring you up to date with the most relevant events in the sector over the last 7 days:

• Mining activity in China continues to thrive despite the ban.
• Turkmenistan gives the green light to the mining and trading of crypto assets.
• The resilience of digital mining does not hide the problems, according to the report.
• Tether withdraws its mining activities from Uruguay.
• Hive prepares to sell $300 million in shares after gigantic quarterly profits.

Mining activity in China continues to thrive despite the ban.

BTC mining is resurging in China despite the total ban of 2021. According to data cited by Reuters, the country went from a global share of 0% to holding the third position worldwide, with 14% of the market. This return, driven by high BTC prices, is being leveraged by both individual miners and corporations operating in provinces with cheap electricity, such as Xinjiang.

Although the ban remains in place, its flexible enforcement in regions with economic incentives creates room for mining activity. Manufacturers such as Canaan reported that their sales in China exceeded 50% of their global revenue in the second quarter. Additionally, the overinvestment in data centers by local governments is generating a surplus of usable energy for this industry.

This resurgence coincides with signs that Beijing is indirectly softening its stance towards digital assets, as reflected in the recent stablecoin law in Hong Kong. For analysts, it is difficult to completely eradicate such a profitable business, and this mining rebirth is seen as a demonstration of BTC's resilience.

Turkmenistan greenlights cryptocurrency mining and trading

Turkmenistan has legalized Bitcoin mining and cryptocurrency trading through the new Virtual Assets Law signed by President Serdar Berdimuhamedov. The regulation, which will come into effect in January 2026, governs activities related to the issuance, storage, and circulation of cryptoassets, although it does not recognize them as legal tender.

The law requires that individual miners and companies register with the Central Bank to operate, obtaining certificates of indefinite validity. It also requires the registration of equipment and compliance with technical requirements. Exchanges, for their part, must obtain licenses and apply identity controls to their users.

The regulation aligns Turkmenistan with the new regulatory wave in Central Asia, which is increasingly relevant to the crypto industry. The law includes strict advertising rules that prohibit suggesting that cryptocurrencies are backed by the State.

The resilience of digital mining does not hide the problems, according to the report.

Although the Bitcoin hash rate is operating at record levels, profitability for miners is falling to historical lows. The hashprice plummeted to approximately $34.20 per PH/s, eliminating profit margins.

This pressure has triggered a progressive liquidation where small miners with less efficient equipment are forced to capitulate, while large operators continue to expand thanks to cheap energy and firm contracts.

According to a report by Cryptoslate, this dynamic is altering the structure of the sector. Capital markets no longer view mining firms as purely Bitcoin-exposed investments, but rather as data center operators with volatile revenues. Many companies are migrating towards high-performance computing (HPC) services to diversify their income.

In the geopolitical landscape, the resurgence of mining in China adds a zombie capacity that acts as a constant pressure on western miners. In summary, the Bitcoin network has never been more secure, but the mining business faces a structural crisis. The future will depend on difficulty, transaction fees, and global energy conditions.

Tether withdraws its mining activities from Uruguay

Tether confirmed the closure of its BTC mining operations in Uruguay, which involved the dismissal of 30 of its 38 employees. The measure, communicated after a meeting with the National Directorate of Labor, is attributed to high energy costs and electricity rates considered non-competitive.

The original project contemplated an investment of $500 million for three data centers and a renewable park of 300 megawatts. However, only about $100 million was executed before the initiative became unsustainable. Local media mentioned a supposed debt of $4.8 million with UTE, but Tether rejected that version.

The company assured that it continues to evaluate options to keep operating in the region and that it maintains its commitment to long-term sustainable initiatives.

Hive prepares to sell $300 million in shares after gigantic quarterly profits.

The miner HIVE Digital established a program that allows it to sell up to $300 million in shares on the market, without the obligation to execute the totality. This decision comes after a record quarter with revenues that grew 285% year-over-year.

The company is advancing in its transition to high-performance computing (HPC) and artificial intelligence. Along those lines, it acquired land in New Brunswick (Canada) to build a renewable energy data center campus designed to host over 25,000 GPUs.

HIVE's business model combines traditional mining with large-scale digital infrastructure development. However, despite strong financial results, the company's stock has notably retreated from its October highs.