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Bitcoin Hashprice Hits Record Low as Miners Grapple With Shrinking Margins


Bitcoin’s price has taken a hefty knock this week, dragging mining revenue down with it as the price per petahash sinks even deeper than April’s slump. Miners are feeling the squeeze from the tight pricing environment and the thin onchain fees tied to newly found block rewards. Bitcoin’s Mining...

Anthropic Hits $350 Billion Valuation, Adding to Fears of an AI Bubble


The valuation follows a multi-billion-dollar deal with tech giant Microsoft and chipmaker Nvidia, and essentially doubles Anthropic’s previous value. Anthropic Valued at $350B After Closing Microsoft and Nvidia Deals: The AI Bubble Expands Just a little over two months ago, AI startup Anthropic...

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