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Browsing Category
Mining
Why China’s Recent Mining Crackdown Triggered Bitcoin’s Latest Sell-Off
As Bitcoin’s price continues to trend lower, China’s renewed crackdown on domestic mining activity may help explain the sudden downturn. In Xinjiang province, an estimated 400,000 miners were forced…
Hut 8 partners with Anthropic and Fluidstack on US AI data center buildout
Key Takeaways Hut 8 partnered with Anthropic and Fluidstack to develop AI data centers in the US.…
Crypto Miners Face Jail Time as Tajikistan Fights Winter Blackouts
Tajikistan’s parliament amended the Criminal Code on December 3 to specifically criminalize electricity theft for virtual asset production. The legislation, Article 253, replaces previous…
Russia to impose year-round mining bans two new Siberian territories next year
Federal authorities in Russia are set to expand a full ban on cryptocurrency mining that’s already covering about a dozen of its territories. Miners in another two regions, who only recently shut down…
Strategic Thumzup Acquisition: How the Dogehash Deal Creates a New Nasdaq Crypto Powerhouse
In a bold move reshaping the crypto landscape, Nasdaq-listed Thumzup has finalized its strategic acquisition of Dogehash Technologies. This pivotal deal merges social media marketing expertise with…
Ex-Canaan exec blames China shutdowns for 10% Bitcoin hashrate fall
Bitcoin’s hashrate fell by about 10% in a single day on Sunday, with Jianping Kong, former co-chairman of Bitcoin mining hardware producer Canaan, attributing it to mining farms shutting down in…
Bitcoin Hashrate Sees Sharpest Post Halving Drop Since 2024 Amid China Machine Shutdowns
Bitcoin’s BTC$86,189.53 30-day simple moving average (SMA) hashrate has recorded its steepest decline since the April 2024 halving, according to Matthew Sigel, head of digital assets research at…
A New Shift Begins as Bitcoin Miner Adoption Reshapes Corporate Interest
Bitcoin miner adoption rises fast as market behaviour evolves. This shift creates new energy in the corporate world. Companies watch how miners expand operations and adjust strategies. Each move…
Solo Bitcoin Miner Beats 1‑in‑180 Million Odds to Win $284K In Block Reward
Story Highlights Solo Bitcoin miner secures 3.133 BTC reward worth $284K, beating 1-in-180 million odds. Block 927474 included 1,117 transactions generating 0.008 BTC fees, mined via Solo…
Nvidia CEO, who manages $4.5 trillion, made a controversial statement about Bitcoin (BTC)! It also…
The CEO of Nvidia, the world's leading artificial intelligence chip manufacturer, has made important statements regarding Bitcoin (BTC). Speaking at a panel on artificial intelligence and energy,…