In crypto today, the competition is increasing in Bitcoin mining, as smaller miners gain ground over their bigger rivals. Ferrari’s crypto initiative is intensifying with the introduction of a new token that will be available to its highest-end clients. Rumble, meanwhile, has joined forces with Tether in order to provide Bitcoin tips for content producers.
Bitcoin miners smaller than larger rivals gain ground
Bitcoin Mining Industry is Experiencing Growth rising competition following the 2024 halvingThe gap between the realized hashrate of mid-tier and top-tier miners is closing as economic problems persist following the halves.
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 launches digital tokens to allow fans to bid on the Le Mans winning race car
Ferrari enters the crypto world plans to launch a digital token Ferrari 499P endurance car, winner of the Le Mans race, will be available for its richest fans.
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. This initiative is expected to launch alongside the World Endurance Championship in 2027.
In December, Rumble will offer Bitcoin Tips to Content Creators
Chris Pavlovski, CEO of Rumble’s video-sharing platform, announced Friday that the platform is getting ready 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’s Paolo Ardoino also appeared on stage. The CEO expects to see a complete rollout in early-mid December, after small bugs have been resolved and the UX has been fine-tuned.
The first historic event at @LuganoPlanB — @thevivafrei Rumble wallet was the first to tip the creator. Finance meets freedom👊 pic.twitter.com/WD0EohedIu
— Rumble 🏴☠️ (@rumblevideo) October 24, 2025
Integration could be a key factor in pushing the agenda. Bitcoin payments adoption, Rumble is a popular site among Bitcoiners, thanks to its large audience and anti-censorship policy.
Ardoino says the Bitcoin tips offer the content creators they need to feel secure without the fear of losing their bank account for the posts they make.
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Source: cointelegraph.com
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