In crypto today, the competition is increasing in Bitcoin mining, as smaller miners gain ground over their bigger rivals. Ferrari has launched a digital token to reward its most loyal clients, while Rumble and Tether have teamed up to offer Bitcoin tips for content producers.
Bitcoin miners smaller than larger rivals gain ground
Bitcoin Mining Industry is experiencing a boom rising competition following the 2024 halvingAs the economic challenges persist, mid-tier miner’s hashrate is narrowing.
The Miner Mag has recently published data that shows public miners like HIVE Digital Bitdeer, and Cipher Mining are expanding their actualized hashrates following years of infrastructure investments. The data shows that these companies have now caught up with MARA Holdings (Cango), CleanSpark, and HIVE Digital.
The Miner Mag reports that Bitcoin hashrate is now accounted for by nearly a third of the total Bitcoin network.
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 has entered the world of cryptocurrency plans to launch a digital token Ferrari 499P endurance car, winner of the Le Mans race, will be available for its richest fans.
Italian automobile manufacturer to release the “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 will debut in conjunction with the World Endurance Championships season of 2027.
The Rumble team will be launching Bitcoin-related tips to content creators by December
Chris Pavlovski revealed on Friday that Rumble, a video-sharing site with more than 50 million active monthly users is planning to launch Bitcoin tipping.
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.
First of its kind at @LuganoPlanB — @thevivafrei RumbleWallet was used by the very first creator to make a tip. The Rumble Wallet combines freedom with finance👊 pic.twitter.com/WD0EohedIu
— Rumble 🏴☠️ (@rumblevideo) October 24, 2025
Integrating could have a major impact on the push for a more integrated society. 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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