Today in crypto, competition in the Bitcoin mining industry has intensified, with smaller miners gaining ground on their larger rivals in realized hashrate. Meanwhile, Ferrari is deepening its crypto push with a new digital token for top clients and Rumble has partnered with Tether to add bitcoin tips for content creators.
Smaller bitcoin miners are gaining ground on larger rivals
The Bitcoin mining industry is experiencing increasing competition following the 2024 halving.
Recent data from miner mag shows that public miners like Hive Digital, Bitdeer and Cipher Mining have expanded their realized hashrates after years of infrastructure investment. These companies are catching up with the biggest players, including Mara Holdings, CleanSpark and Cango.
Publicly listed Bitcoin miners now account for nearly one-third of the total Bitcoin network hashrate, miner mag said.
The sector’s growth was partly driven by a sharp increase in borrowing to finance new infrastructure investments. Count Cointelegraph reportedTotal debt in the entire Bitcoin mining industry has climbed to $12.7 billion, up from $2.1 billion 12 months ago.
Ferrari to launch Digital Token to let fans bid on his race-winning cars
Ferrari is entering the world of cryptocurrency Plan to launch a digital token It will allow its richest fans to bid on one of racing’s most iconic cars, the Ferrari 499p, a Le Mans endurance model.
The Italian carmaker will release a “Token Ferrari 499p” in collaboration with fintech firm Conio, aimed exclusively at members of its hyperclub, a private network of 100 elite clients with a passion for endurance, according to a Saturday Reuters report.
“It’s about strengthening the sense of belonging to our most loyal customers,” Enrico Galliera, chief executive and commercial officer of Ferrari, is reported to have said.
Token holders can trade among themselves and take part in exclusive auctions, including one for 499p. The initiative is set to debut alongside the 2027 World Endurance Championship season.
Rumble to roll out bitcoin tips for content creators in December
Video sharing platform Rumble is preparing to roll out bitcoin tipping for its more than 51 million monthly active users, company CEO Chris Pavlovski announced Friday.
Rumble has partnered with StableCoin Issuer Tether to enable Bitcoin (BTC) Tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland.
Also onstage is Tether CEO Paolo Ardoino, who expects a full rollout in early to mid-December once minor bugs are fixed and the UX is fine-tuned.
A historic first in @Luganoplanb – @thevivafrei Be the first creator to be tapped by rumble wallet. Freedom meets finance👊 pic.twitter.com/wd0eohediu
– Rumble 🏴☠️ (@rumblevideo) October 24, 2025
Integration can play an important role in pushing Bitcoin payment adoption, Given Rumble’s audience size and anti-censorship stance, that resonated with many in the Bitcoin community.
Ardoino says Bitcoin tips will offer content creators the security they need without the fear of being debanked for what they post.
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