Cango Inc. has pivoted from car trading to Bitcoin mining and now plans to reach 50 EH/s by early 2025. With its growing BTC reserves, Tencent as an institutional investor, and ties to Bitmain, could it be the next surprise…
Bitcoin's computing power reached a record high of 862 exahashes per second (EH/s) on Friday, surpassing its previous high of 852 EH/s set in early February. Bitcoin's network capabilities are growing On March 28, the overall network speed increased to…
US Bitcoin Miners Lost 25% of Their Market Cap in March: JPMorgan The monthly figure was the third-worst on record, according to the report. Author: Will Canny | Edited by: Sheldon Reback Updated: April 1, 2025, 7:55 PM UTC Published:…
Bitcoin (BTC) proponents often claim that it is the most decentralized cryptocurrency, but the reality may be different. Onchain data shows that just two Bitcoin mining pools have mined more than 51% of all BTC over the past three years.…
Bitcoin Put Options Trading With $1M Premium Highlights BTC Price Decline Fears Bids on the deals are higher than options expiring at the end of May, reflecting concerns about falling prices. Author: Omkar Godbole | Edited by: Sheldon Reback Updated:…
A solo miner who mined block 888,737 Bitcoin last week and received a reward of $266,000 in Bitcoin has shared his story with Bitcoin mining hardware developer FutureBit, whose Apollo devices helped him achieve this significant feat. The anonymous miner,…