River Financial is a Bitcoin-only financial institution founded in 2019, headquartered in San Francisco, California. The company provides brokerage, custody, Lightning Network access, and historically offered managed Bitcoin mining services (River Mining launched 2021-2022). River Mining allowed clients to purchase miners (e.g., Antminer S19j Pro) with River handling procurement, U.S.-based hosting, pool integration, and maintenance, depositing 100% of mined Bitcoin to client accounts (zero pool fee in early years). The service was sold out by 2023, with no current mining offerings evident. River emphasizes security, simplicity, and long-term Bitcoin wealth building, with features like zero-fee recurring buys, inheritance planning, and institutional tools. The company has raised significant funding (e.g., $17.5M Series A in 2021 led by Goldcrest Capital) and focuses on client-first Bitcoin financial products.
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In 2010, a pseudonymous miner known as ArtForz launched the first large-scale Bitcoin GPU farm, igniting the mining arms race and permanently altering Bitcoin’s path toward industrialization.




February 27, 2026 Bitcoin mining roundup: Network hashrate rebounds to 1.12–1.15 ZH/s amid new ASICs and expansions; Bitfarms confirms full pivot to AI/HPC by 2027; Bitdeer sells entire BTC treasury to fund AI growth; IREN records high production; Hut 8 secures $200M loan; Cipher emphasizes HPC shift; Soluna expands hosting; and more.

