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Core Scientific and Bitcoin Miners Fall After CoreWeave Purchase; Jefferies Says Price Is in Expected Range

CoreWeave (CRWV), a company developing infrastructure for artificial intelligence, has decided to buy Bitcoin. BTC miner Core Scientific (CORZ) has completed a $108,156.11 deal to acquire CORZ shares, valuing them at approximately $20.40 per share based on recent closing prices.…

  • admin
  • July 11, 2025
  • Markets

GMX Exploiter Begins Refunding After $40M Hack, Token Soars

GMX Exploiter Recovers $40M in Days After Hack, Token Price Soars Shaurya Malwa | Edited by Oliver Knight Updated 11 July 2025, 16:46 Published 11 July 2025, 10:41 The attacker who stole more than $40 million from GMX V1 contracts…

  • admin
  • July 11, 2025
  • Mining

Russia Launches National Cryptocurrency Mining Registry to Combat Illegal Operations

Russia is stepping up its fight against illegal crypto miners by creating a national registry of mining equipment that will help identify unreported transactions. According to local media, Russian authorities have already developed the register and distributed it to regions…

  • admin
  • July 11, 2025
  • Mining

Cardano Co-Founder Reveals Satoshi’s Bitcoin Mining Costs Were Shockingly Low

Cardano founder Charles Hoskinson estimated that the cost of electricity that Satoshi Nakamoto, the leading cryptocurrency’s mysterious co-founder, spent to mine 1 million BTC would have been less than $3,700. Hoskinson presented three different scenarios that demonstrate how much electricity…

  • admin
  • July 11, 2025
  • Mining

Bitcoin Hashrate Up 88 EH/S From Low as Miners Seek Profitability

Bitcoin’s hashrate continues to grow, adding 88 exahashes per second (EH/s) over the past 11 days after dropping to 810 EH/s on June 24. At the same time, miners are seeing an 11.62% increase in profitability compared to the previous…

  • admin
  • July 11, 2025
  • Mining

President Putin believes energy shortages are the reason for the gradual ban on cryptocurrency mining across Russia

Russian President Vladimir Putin has commented on the growing energy deficit that has arisen due to the rapid growth of digital currency production, as well as the gradual ban on cryptocurrency mining across the country. Putin’s comments on the matter…

  • admin
  • July 11, 2025
  • Mining

The world-famous eSports giant announces its entry into the Bitcoin mining market! Details below.

NIP Group, the parent company of world-renowned eSports organization Ninjas in Pyjamas (NiP), has announced its entry into the Bitcoin mining market. The company plans to mine 60 BTC per month by investing in a number of mining rigs with…

  • admin
  • July 11, 2025
  • Mining

Another Bitcoin Miner Surpasses Expectations by Winning $350K Jackpot

Ding-ding-ding – we have a winner! A lone miner earned a reward of 3,173 BTC ($349,028) after mining Bitcoin block number 903,883 late Thursday . Such occurrences are not all that common; in fact, according to one expert, such an…

  • admin
  • July 10, 2025
  • Mining

Esports giant Ninjas in Pyjamas buys Bitcoin miners, expects to mine $6.5 million in BTC per month

NIP Group, the parent organization of popular eSports team Ninjas in Pyjamas, announced its entry into the Bitcoin mining market on Tuesday . The company is entering the space by acquiring an unspecified number of Bitcoin mining rigs with a…

  • admin
  • July 10, 2025
  • Mining

Tether and Adecoagro Join Forces for Sustainable Bitcoin Mining

Stablecoin issuer Tether has signed a memorandum of understanding (MoU) with Adecoagro SA to explore a strategic partnership focused on bitcoin mining using renewable energy, according to a July 3 announcement. Adecoagro, one of South America’s leading producers of organic…

  • admin
  • July 10, 2025
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