Sangha Renewables, Bitcoin A $106,546.31 bitcoin mining company that aims to provide companies in the renewable energy sector with the ability to mine bitcoin began construction on its flagship 19.9-megawatt (MW) solar power plant in West Texas on Wednesday. “We…
Bitcoin Investment bank Jefferies said in a research report published on Tuesday that BTC mining profits of $106,546.31 in April declined as the network's hashrate increased. “BTC mining profitability fell by 6.6% in April, driven by a 6.7% increase in…
The capital management company Grayscale suggested that cryptocurrencies could become one of the tools for the development of artificial intelligence (AI) technologies. The analytical department of Grayscale Research also published the top 20 AI tokens, which, in their opinion, form…
On May 27, the International Monetary Fund (IMF) announced that it would continue to work to ensure that the number of bitcoins in all government wallets in El Salvador remains unchanged. This position contradicts President Nayib Bukele’s continued support for…
Riot Platforms used its Bitcoin assets to secure and expand its credit line. Bitcoin mining in the US has helped strengthen the network amid its widespread adoption by institutional investors. Riot Platforms, Inc. (NASDAQ: RIOT), a well-known American Bitcoin (BTC)…
Australian regulator initiates legal proceedings against former CEO of crypto exchange ACX for misuse of client funds The investigations have been ongoing since the collapse of the ACX exchange in 2019. Chamomile Shumba | Edited by Parikshit Mishra , May…