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Bitcoin mining CEO eyes hashrate contracts to offset rising costs

30.8.2024
The slashing of the Bitcoin block subsidy from 6.25 Bitcoin to 3.125 during the April 2024 halving has placed financial pressure on miners

Report: Paraguayan Bitcoin Mining Industry Provides Fewer Than 400 Jobs

30.8.2024
A report presented to the Paraguayan Congress highlights the low level of employment associated with the country’s bitcoin mining activity. According to data from the Social Care Institute, the entire bitcoin mining industry is responsible for only 383 direct jobs, with over 40 companies...

New NCR Atleos/LibertyX feature converts BTC to cash at US ATMs

29.8.2024
Users of the LibertyX ATMs can send BTC to a LibertyX address and receive fiat for their crypto at ATMs in 30 states

Cipher Mining Boosts Bitcoin Data Center Portfolio With 300 MW Texas Site Purchase

29.8.2024
This week, Cipher Mining Inc. revealed that it has acquired a sprawling 250-acre property in West Texas, which includes a 300-megawatt (MW) data center. The company also highlighted that this location is ideal for high-performance computing (HPC) services. Cipher Mining Grows to 2.5 GW Portfolio...

Study: Bitcoin Millionaires up by 111%, Crypto Users Reach 560 Million

29.8.2024
A new report reveals a significant increase in wealthy crypto asset holders, with bitcoin (BTC) millionaires rising 111% to 85,400 and individuals with crypto assets worth $1 million increasing 95% to 172,300. Dominic Volek of Henley & Partners attributes this surge to the introduction...

Cboe files amended applications to list Bitcoin, Ethereum options in US

29.8.2024
The applications cover ETFs from issuers including Grayscale, iShares, and Fidelity.

Bitcoin Market Reaches ‘Equilibrium’ as Speculation Declines, Glassnode Reports

29.8.2024
The bitcoin market has hit a phase of tranquility, where investor enthusiasm has cooled, and speculative activity has sharply decreased. According to a thorough report from Glassnode, this quiet spell might be setting the stage for an uptick in market volatility. Glassnode Analysis Shows Bitcoin...

Bitcoin traders wait for $62K as 3% BTC price gains eat up liquidity

29.8.2024
Bitcoin buyers attempt to turn the tables on overhead liquidity around the Wall Street open as BTC price approaches $61,000

TeraWulf launches new Bitcoin mining facility, eyes major tech partnership

29.8.2024
TeraWulf claims to be the most profitable miner on a per-share basis, with an average production cost of $40,000 per Bitcoin

Warren Buffett’s Berkshire Hathaway crosses $1T — nears entire Bitcoin market

29.8.2024
Buffett's profits this year is almost the same as what an average Bitcoin trader has generated in 2024

First Mover Americas: BTC Regains $60K Following Slide This Week

29.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Bitcoin whale buys 1K BTC as 'insane' Binance selling sees sub-$58K low

29.8.2024
Bitcoin whales jump at the chance to buy cheap BTC with spot sellers showing knee-jerk reactions in a choppy trading environment

Missouri Man Arrested for Extorting Former Employer With Bitcoin Ransom

29.8.2024
A Missouri man, Daniel Rhyne, was arrested for attempting to extort his former employer, a New Jersey-based industrial company. Rhyne, a former core infrastructure engineer for the company, allegedly sent an extortion email on Nov. 25, 2023, claiming to have locked out or deleted the company’s...

Bitfarms Takes Control of Its First US Mega-Site to Expand Bitcoin Mining Capacity

29.8.2024
Bitfarms Ltd., a bitcoin mining company, announced on Tuesday that it has taken control of its new data center in Sharon, Pennsylvania. “This site represents Bitfarms’ first mega-site in the U.S. with access to up to 120 MW,” the company said. Located in the Pennsylvania-New...

Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’

29.8.2024
Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during...