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Trump's Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
12.6.2024
It may seem like the industry is finally getting the political support it needs. But proceed with caution
Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High
12.6.2024
Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000
Trump hosts Bitcoin mining executives at Florida residence
12.6.2024
Executives from the U.S. Bitcoin mining industry pitched the presidential candidate on how they could strengthen the electrical grid and create new jobs
Russia Set to Recognize Bitcoin Mining as Economic Activity
10.6.2024
According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would...
Bitfarms adopts shareholder rights plan as Riot attempts takeover
10.6.2024
The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding
Paraguayan Minister Unveils Future Economic Strategy Centered on Bitcoin Mining for Industrial Transition
10.6.2024
Javier Gimenez, from the Paraguayan Ministry of Industry and Commerce, revealed that the government plans to take advantage of the energy sold to legal bitcoin mining operations. Gimenez stated that selling Paraguay’s energy to bitcoin mining companies is part of the government’s strategy, which...
Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining
9.6.2024
David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would...
Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more
7.6.2024
This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving
Bitcoin network transaction fees temporarily soar to nearly $52
7.6.2024
The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning
Bitdeer introduces energy-efficient Bitcoin mining chip
7.6.2024
This chip will enhance Bitcoin mining performance, minimize power consumption, lower costs, and reduce the environmental footprint
Bitcoin Mining Stocks Soar Amid Takeover Frenzy
6.6.2024
The stocks are undervalued, so miners with attractive power contracts could become M&A targets, according to Wall Street analysts
Core Scientific declines unsolicited Coreweave buyout bid
6.6.2024
The unsolicited buyout bid followed a series of long-term business contracts in which Core Scientific would provide infrastructure for Coreweave
Bitcoin Miner Bitdeer to Buy ASIC Chip Designer Desiweminer for $140M in All-Stock Deal
6.6.2024
Bitdeer received an investment worth $150 million from stablecoin company Tether at the end of last month
Largest Bitcoin mining firm sold 63% of mined BTC in May
5.6.2024
Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjust operations after the halving event
Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale
5.6.2024
The short-seller has targeted MicroStrategy previously
Bitcoin halving impacts miner Riot’s revenue by 43% despite new facility
5.6.2024
To keep up with the declining Bitcoin rewards, Riot Platforms opened a new mining facility near Corsicana, Texas
3 Bitcoin Mining Pools Wield 69% of Total Hashrate Discovering 301 Blocks in 72 Hours
4.6.2024
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry titans, command a formidable 55.5% of Bitcoin’s total computational power. Foundry Dominates Bitcoin Mining...
Bitfarms Sees 42% Revenue Drop in May Post-Bitcoin Halving
4.6.2024
Bitfarms, a Bitcoin mining firm, reported a 42% drop in crypto mining revenue in May, the first full month following the Bitcoin halving in mid-April, which reduced their Bitcoin production from 263 BTC in April to 156 BTC in May. The company attributed part of the decline in production...
Halving full effect: Bitfarms crypto mining revenue falls 42% in May
4.6.2024
The Bitcoin mining firm also blamed “unusually cold temperatures” at its Rio Cuarto facility in Argentina for the fall in Bitcoin production
Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded
3.6.2024
United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121