How the Big Beautiful Bill will impact bitcoin miners

The BBB is a blessing (and curse) for bitcoin miners

Author

Colin Harper
July 22, 2025

Like our content? Let us know by replying with your favorite recent read!

Tired of our content? Click here to unsubscribe.

Presented by

Fractal Bitcoin

Blockspace just released a new report overviewing the Fractal Bitcoin ecosystem!

Check out a teaser further down and click the link to download the report 👇️ 

Click to jump to a section!

Market Opens

BTC $119K 0%

GOLD $3,427 0%

MSTR $430 1%

COIN $312 0%

MARA $19.29 2.4%

CLSK $12.56 1.3%

RIOT $13.16 1.4%

CORZ $13.19 0%

Is Bitcoin’s most active scaling solution already here?

Fractal’s rapid hashrate growth and transaction growth suggest it might be.

A new report by Blockspace Media breaks down Fractal Bitcoin, the chain that’s quietly achieved:

🔸 ~80%+ of Bitcoin’s hashrate via merged mining

🔸 11 M+ daily transactions (comparable to Solana & Base)

Powered by Cadence Mining, a novel hybrid block production model, and seamless onboarding via UniSat, Fractal is emerging as Bitcoin’s most used innovation layer.

Will the Big Beautiful Bill help Bitcoin miners?

“We will be creating so much electricity that you’ll be saying, ‘Please please Mr. President! We don’t want any more electricity, we can’t stand it!’ You’ll be begging me, ‘No more electricity, sir, we have enough, we have enough.’”

That was the major line from Presidential candidate Donald J. Trump at the 2024 Bitcoin Conference in Nashville.

Or at least it was for Bitcoin miners hopeful for an end to the Biden-era campaign against there respective business.

So far, President Trump’s second term has been a mixed bag for the Bitcoin coalition.

His administration has mopped up regulatory abuses via shadow initiatives like Operation Chokepoint 2.0, a demonstrable win, but this is partially offset by Trump’s aggressive tariff regime, which has been a headache specifically for bitcoin miners. 

But the so-called Big Beautiful Bill is shaping up to be a boon for bitcoin miners – at least in part. In this piece, we discuss the various tax benefits for Bitcoin miners, whether public or private, and how the anti-renewables portions of the BBB could hurt on-going project development.

We Make Mining Make Sense

Energy costs. Hashrate volatility. Scaling pressure. Luxor’s tools and team are here to help you cut through the noise and mine with confidence.

Click to book a call!

News From Blockspace

Want to get these headlines in real time? Join our Telegram group!

Crypto asset inflows set all-time record at $4.39 billion: Coinshares

Crypto asset recorded an all-time high weekly inflow of $4.39 billion last week, marking the 14th consecutive week of net positive flows and lifting total assets under management to a record $220 billion. — link

Trump Media adds $2 billion to its Bitcoin holdings

Trump Media (NASDAQ: DJT) has amassed $2 billion in bitcoin and bitcoin-related securities for its recently announced bitcoin treasury strategy, representing two-thirds of its $3 billion in liquid assets. — link

JonesResearch initiates Cipher Mining coverage with hold rating

JonesResearch has initiated coverage of Cipher Mining (CIFR) with a hold rating, noting that the miner’s potential HPC hosting deal at its 300 MW Barber Lake site is already “priced in.” — link

Blockspace Podcasts

Charlie and Colin jump into new FOIA materials showing the US has far less Bitcoin than we thought–or is it that simple? A FOIA request by independent journalist L0la L33tz discovers the US Marshals Service holds just 29,000 BTC, and not the widely assumed 200,000 BTC.

Matthew Sigel, VanEck’s Head of Digital Assets Research, joins The Mining Pod to talk about Core Scientific's massive $9B CoreWeave acquisition deal, whether Bitcoin treasury companies are getting too crowded with 30+ deals in pipeline, AI infrastructure pivots among miners, and if the crypto equity boom is here to stay.

Where we drop fun topics with nothing to do with Bitcoin.

Football season (the real football, by which of course we mean American Football), is right around the corner. Out of NFL’s 32 teams, only 12 (the Arizona Cardinals, Atlanta Falcons, Buffalo Bills, Carolina Panthers, Cincinnati Bengals, Cleveland Browns, Detroit Lions, Houston Texans, Jacksonville Jaguars, Los Angeles Chargers, Minnesota Vikings, and Tennessee Titans) haven’t won a Super Bowl. Meanwhile, the New England Patriots and Pittsburgh Steelers have each won 6 Super Bowls.

-CMH