👋 Welcome back, miners!
🔥 Major Headlines in Crypto & Mining This Week:

• Brazil’s New Crop: Bitcoin

• China’s Back in the Mining Game, U.S. Hits the Brakes

• Kyrgyzstan is Quietly Becoming a Miner’s Paradise

• BitMine Stock Explodes After One Bold Move

• Mining Gear is Getting Hot (and Cheaper)

• Riot Is Going Huge in Texas

• 🗞️ This Week’s Public Crypto & Mining News

• 😂 Meme of the Week

1/ Tether & Adecoagro team up in Brazil

Brazil: Tether’s Farming Bitcoin Now

Tether just struck a deal with Brazilian farming giant Adecoagro to build Bitcoin mining farms using clean, unused energy.

They’ve got 230 megawatts of hydro and biogas power just sitting idle, now it’s going to power mining rigs.

It’s not a marketing stunt. This is a blueprint for green mining that actually works. If you’re mining in high-cost regions, this kind of energy partnership could be your future.

Not a pitch. A playbook.

2/ China Ramps Up Mining Machine Production as the U.S. Slows Down

While the U.S. mining scene slows down (thanks to rising energy costs and too much red tape), China is going full speed.

They’re building out mining factories, prepping new gear, and likely getting ready to ship out tons of surplus ASICs and immersion gear soon.

Here’s what that means:

• China’s gonna have extra gear to unload, ASICs, immersion tanks, the whole lot

• Expect hardware prices to drop in the next 2–3 months

• U.S. miners are going smaller and off-grid, China’s going big and bulk

3/ Kyrgyzstan Emerges as the Next Hotspot for Low-Cost Crypto Mining

• Cheap, stable hydro power

• Cooler climate = lower cooling costs

• Relaxed rules (for now) = zero-friction miner setup

Already, mining projects are setting up 5–50 MW plants in remote mountain zones, and local government is loving the tax influx.

4/ BitMine Immersion Stock Skyrockets 3,000% After Ethereum Treasury Pivot

One line changed everything:

That sentence sent BMNR stock up 3,000% this week.
They want to be the MicroStrategy of ETH. That’s bold.

What triggered the rally:

• Raised $250M to convert into ETH.

• Board is stacked: Tom Lee (Fundstrat), backing from Pantera, Galaxy Digital, and a few whales.

• The idea? Hold ETH on the balance sheet, become a Web3-native public company.

5/ Crypto Mining Hardware Demand Surges as Green Mining Gains Momentum

More miners are looking for gear, but the type is changing.

Immersion cooling rigs are in demand, they run quieter, last longer, and work better in hot or tight spaces.

Container-style mining units are also gaining traction, especially for farms using solar or waste energy.

And with China ramping up hardware production, expect a wave of used machines to hit the market in Q3, along with price drops.

6/ Riot’s Building a Monster Mine in Texas

Riot just dropped the blueprint for a 1 gigawatt Bitcoin mining site in Corsicana, TX.
That’s 1,000 megawatts yeah, mega mega.

Why Corsicana?

• Cheap energy

• Big tax breaks

• Pro-crypto rules

• Ready for immersion + modular setups

What it means:

Hosting slots in the U.S. are about to get tighter.
Riot’s mix of self-mining + hosting might become the new norm.
Texas isn’t just cowboy country anymore it’s becoming a mining empire.

🗞️ This Week’s Public Crypto & Mining News

1. Esports Giant Ninjas in Pyjamas Buys Bitcoin Miners, Expects Monthly Production of $6.5M in BTC

2. IREN Joins Bitcoin Mining Giants, Crosses 50 EH/s Mark

3. Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up

4. BIT Mining Shares Surge 150% in Premarket on Solana Treasury Plan

5. BitMine Stock Explodes After Ethereum Announcement

6. Core Scientific's Stock Jumps Amid Acquisition Talks

7. U.S. Miners Face Production Challenges Due to Summer Heat

😂 Meme of the Week

Source: @boldleonidas

Source: @boldleonidas

Till next time,

Mining Moves Fast. So Does Bitcoin.
As of 14/7 - $122K: the next all-time high doesn’t send a calendar invite.

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Stay curious, leaders!

PS. If you missed yesterday’s issue, you can find it here.