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Crypto mining stocks plunge as Fed warns of ‘difficult tradeoffs’


US crypto mining stocks tumbled at the close of May 28 trading after minutes published by the Federal Reserve signaled its growing uncertainty about the country’s economic outlook.The crypto market remained unscathed, despite the stock drops among crypto miners.Uncertainty about the economic...

Bitmain Unveils ‘Most Efficient’ Mining Rig Amid Market Shift


Bitmain has launched the Antminer S23 Hydro series, featuring a performance of 580 terahash per second (TH/s) and a power consumption of 5,510 watts, making it the “most efficient” mining rig available. Declining Demand for Mining Rigs Bitcoin mining rig maker Bitmain unveiled the new Antminer...

Publicly Traded Bitcoin Miners Slide as Sector Sees Broad Losses


Bitcoin mining stocks experienced widespread declines Wednesday, with most major publicly traded firms in the sector in the red. Bitcoin Mining Stocks See Red Across the Board Galaxy Digital Holdings, leading by market capitalization at $6.64 billion saw its shares drop 11.33% this afternoon...

Guayaquil Makes History With the First Bitcoin Mining Event in Ecuador


???? Guayaquil Makes History With the First Bitcoin Mining Event in Ecuador By: Arley Lozano – Coverage Date: May 22, 2025 Location: Paseo del Río Conference Center, Guayaquil, Ecuador On May 22, Guayaquil witnessed the first-ever Bitcoin mining event in Ecuador — a historic day that brought...

MARA’s Bitcoin mining revenue hits record $752M as BTC price soars


MARA Holdings, formerly Marathon Digital Holdings, has reached a new all-time high in Bitcoin mining revenue, fueled by Bitcoin’s recent surge to a record price.The company’s annualized mining revenue exceeded $752 million on May 27, according to data from CryptoQuant, making it...

MARA’s Bitcoin mining revenue hits record $752M as BTC price soars


MARA Holdings, formerly Marathon Digital Holdings, has reached a new all-time high in Bitcoin mining revenue, fueled by Bitcoin’s recent surge to a record price.The company’s annualized mining revenue exceeded $752 million on May 27, according to data from CryptoQuant, making it...

MARA’s Bitcoin mining revenue hits record $752M as BTC price soars


MARA Holdings, formerly Marathon Digital Holdings, reached a new all-time high in Bitcoin mining revenue, fueled by its recent surge to a record price.The company’s annualized mining revenue exceeded $752 million on May 27, according to data from CryptoQuant, making it the most profitable...

MARA’s Bitcoin mining revenue hits record $752M as BTC price soars


MARA Holdings, formerly Marathon Digital Holdings, reached a new all-time high in Bitcoin mining revenue, fueled by its recent surge to a record price.The company’s annualized mining revenue exceeded $752 million on May 27, according to data from CryptoQuant, making it the most profitable...

New Initiative: Pakistan Allocates 2,000 MW for Bitcoin Mining and AI


Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent...

Pakistan allocates 2,000MW power for Bitcoin mining and AI centers


Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers.The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report...

Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining


Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds.Republican state Representative Bill Schuette introduced House Bill 4510 on May 21, which would amend Michigan’s Public Employee...

Michigan lawmakers file 4 crypto bills on retiree funds, CBDCs, mining


Michigan lawmakers have introduced four crypto-related bills covering crypto mining, central bank digital currencies (CBDCs) and crypto in state retirement funds.Republican state Representative Bill Schuette introduced House Bill 4510 on May 21, which would amend Michigan’s Public Employee...

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