KULR Technologies Group reported its Q1 2025 earnings with revenue rising 40% year-over-year to $2.45 million, driven by an 88.7% increase in product sales to $1.16 million. Despite the revenue growth, the company posted a net loss of $18.81 million, or $0.07 per share, which widened from a previous net loss of $5 million. Gross margin declined to 8% from 29% year-over-year. KULR holds 716.2 Bitcoin valued at approximately $74.4 million, with a Bitcoin yield of 197.5% year-to-date. The company announced plans to enhance its Bitcoin acquisition strategy and is awaiting final approval for a $6.7 million Texas space battery grant. Additionally, KULR launched a robotics unit through a partnership with German Bionic. Meanwhile, Canaan expanded its Bitcoin mining operations in Pennsylvania and Texas by 1.5 exahashes per second (EH/s) and added 16 Bitcoin in April while maintaining competitive power costs. In the broader Bitcoin mining sector, TAOHash, a Bittensor subnet, has rapidly scaled its hashrate to approximately 2.5 EH/s in weeks, reaching the second spot for Bittensor emissions after delivering over 6000% monthly returns. The Bitcoin network's mining difficulty increased by 2.13% to 121.66 trillion, with hashrate dropping over 80 EH/s from recent peaks, while the hashprice improved to $54.93 per petahash per second (PH/s). Subnet 108 on Bittensor was recently registered, indicating ongoing expansion in decentralized mining infrastructure.