The competition for Bitcoin is heating up in today’s crypto world, and smaller miners are gaining on larger competitors in terms of realized hashrate. Ferrari has launched a digital token to reward its most loyal clients, while Rumble and Tether have teamed up to offer Bitcoin tips to content creators.
Bitcoin mining is becoming more competitive as smaller miners overtake larger competitors
Bitcoin mining is growing rapidly rising competition following the 2024 halvingAs the economic challenges persist, mid-tier miner’s hashrate is narrowing.
The Miner Mag recently released data showing that after investing in infrastructure for years, public miners including HIVE Digital Bitdeer Cipher Mining and others have increased their hashrates. The data shows that these companies have now caught up with MARA Holdings (Cango), CleanSpark, and HIVE Digital.
The Miner Mag reported that the number of Bitcoin miners who are publicly listed now accounts for almost one third of Bitcoin network’s hashrate.
Part of the growth in this sector can be attributed to an increase in debt used to fund new infrastructure projects. As Cointelegraph reportedTotal debt in the Bitcoin mining sector has risen to $12,7 billion from $2.1 billion only 12 months earlier.
Ferrari will launch a digital token that allows fans to bid for its Le Mans race-winning car
Ferrari enters the crypto world plans to launch a digital token The Ferrari 499P is a Le Mans winning endurance model.
Italian automaker to issue new vehicles “Token Ferrari 499P” in partnership with fintech firm Conio, aimed exclusively at members of its Hyperclub, a private network of 100 elite clients with a passion for endurance racing, according to a Saturday report by Reuters.
“This is about strengthening the sense of belonging among our most loyal customers,” Enrico Galliera is Ferrari’s Chief Marketing and Commercial Officer, according to reports.
Token holders can trade with each other and also participate in special auctions. This includes one that is exclusively for the 499P. The project will launch in 2027, during the World Endurance Championship.
In December, Rumble will offer Bitcoin Tips to Content Creators
Chris Pavlovski, CEO of Rumble’s video-sharing platform, announced Friday that the company is about to introduce Bitcoin tipping. The service will be available for more than 51,000,000 monthly active users.
Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland.
Tether CEO Paolo Ardoino also appeared onstage. After he fixes small bugs and fine-tunes the UX, he expects to see a complete rollout in early or mid December.
First of its kind at @LuganoPlanB — @thevivafrei Rumble wallet was the first to tip the creator. The Rumble Wallet combines freedom with finance👊 pic.twitter.com/WD0EohedIu
— Rumble 🏴☠️ (@rumblevideo) October 24, 2025
Integration could be a key factor in pushing the agenda. Bitcoin payments adoption, Rumble has a large audience, and the anti-censorship position it takes resonates well with the Bitcoin community.
Ardoino stated that the Bitcoin Tips will give content creators security without having to worry about being bankrupted because of what they publish.
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Source: cointelegraph.com
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