Mining
Bitcoin miners could face challenges as the world's largest cryptocurrency by market cap fluctuates within a narrow range and investors begin selling off their holdings. However, stablecoin giant Tether is making a significant investment in one of the sector's key players,…
Bitcoin's network computing power has set new records, even as miners increase BTC sales to cope with falling profits. The strength of the Bitcoin network reached historic levels in early April, even as miners increased their Bitcoin (BTC) sales to ensure…
Key moments in history Bhutan is using its hydropower to produce green cryptocurrency in an effort to grow its economy and create new jobs. The Himalayan kingdom has quietly amassed a sizeable cryptocurrency portfolio, including more than $600 million in Bitcoin.…
Bitcoin (BTC) mining stocks have performed mixed in the first two weeks of April, with operators focused solely on mining outperforming those in the high-performance computing (HPC) space, a JPMorgan (JPM) report said on Wednesday. Only MARA Holdings (MARA) and CleanSpark…
Calvin James Arizona is moving quickly to provide legal protections for Bitcoin miners and blockchain node operators. The Arizona Senate approved House Bill (HB) 2342 on Thursday, sending it to Governor Katie Hobbs for final approval. As Bitcoin Laws on X…
Bitcoin miners continue to struggle, with companies in the space selling more coins than usual to cope with financial problems. In a report published on Tuesday, analytics firm CryptoQuant said miners increased their selling last week as the leading cryptocurrency fell…
Bitcoin mining company CleanSpark (CLSK) is changing its strategy, moving away from HODLing 100% of mined BTC. The Henderson, Nevada-based organization announced Tuesday that it would resume selling some of its mined bitcoins to fund its operations. “While we remain committed…
TL;DR CleanSpark will begin selling a portion of its monthly Bitcoin production to fund its operations and prevent share dilution, moving away from a full holding strategy. The company has increased its Coinbase Prime credit line to $200 million and created…
Bitdeer Technologies Group intends to take advantage of the 90-day pause in US tariffs to import mining equipment from Southeast Asia to the United States. Bitdeer, the Nasdaq-listed Bitcoin (BTC) mining company founded by cryptocurrency mogul Jihan Wu, is facing falling…
As Bhutan grapples with youth migration and economic instability, the country's prime minister says Bitcoin mining is opening up new horizons and should be followed by other countries. As a Buddhist kingdom on the eastern side of the Himalayas known for…
This is an excerpt from The Drop newsletter. To receive full issues, subscribe. Abstract: The Ethereum L2 blockchain, which claims to be “leading the next generation of consumer cryptocurrency,” is introducing and supporting a cryptocurrency mining game that some are accusing…
Nvidia plans to make its next-generation artificial intelligence chips and supercomputers entirely in the United States for the first time, the company said in a statement Monday. The move demonstrates growing interest in AI infrastructure and broader efforts to localize the…