Mining profitability increased last month as the rally in bitcoin outpaced the increase in the network hashrate, the report said. What to know: Bitcoin miners listed in the U.S. accounted for 25.3% of the global network in December, the report…
Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht. According to local media, the PEA, in collaboration with the Crime Suppression Division, has seized…
KULR Technology Group increased its Bitcoin holdings by investing $21 million on Monday, January 6, 2025. This purchase added 213.4 BTC, reinforcing the company’s strategy of integrating Bitcoin into its corporate treasury. KULR Expands Bitcoin Holdings with $21 Million Purchase…
The PBOC on Friday suspended bond purchases to stall the slide in bond yields and CNY What to know: The PBOC decides to stop government bond purchases. The decision seems aimed at stopping the slide in yields and CNY. Early…
XRP is trading at $2.39, reflecting a 5.6% increase over the past 24 hours. Its market capitalization stands at $137 billion after surpassing tether (USDT) to reclaim its position as the third-largest cryptocurrency. With a 24-hour trading volume of $4.93…
Crypto mining farms are large setups where digital currencies are created. Mining is how new coins enter circulation, with Bitcoin being the first to be mined back in 2009. As of early 2025, thousands of coins are out there, contributing…