Search
Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi Protocols' Security, China Tightens Exports of Two Key Materials Used in Computer Chips
4.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi...
Hut8 relocates 6,400 rigs, sees growth in AI & high performance computing
3.7.2023
Bitcoin mining firm Hut8 continues to relocate miners from idle North Bay site as demand for AI and high power computing drives new demand
June 2023 Mining Stats: Bitcoin Hashrate and Difficulty Reach New Peaks While Revenue Lags
2.7.2023
Over the past 30 days, bitcoin miners discovered 4,324 block rewards during the month of June, with approximately 37 mining pools dedicating hashrate to the blockchain. The blockchain achieved two milestones in June, as the network reached an all-time high in hashrate on June 11, and three days...
Crypto Biz: Binance’s chaotic June, miners gear up for halving, Bitfinex’s Latam expansion
30.6.2023
This week’s Crypto Biz looks at the story behind Binance’s debanking in Australia, Bitcoin miners preparing for the next halving, and Bitfinex’s expansion in Latin America
Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs
30.6.2023
Hive wants to provide enterprise AI training in its fleet of GPUs
Bitcoin Difficulty Takes a Dip: Network’s First Downward Adjustment in 56 Days Signals Easier Mining Ahead
29.6.2023
On June 28, 2023, Bitcoin saw its first downward difficulty adjustment in 56 days, or since May 4, with a decline of 3.26%. This modification lowered the network’s difficulty to 50.65 trillion from its record high of 52.35 trillion on June 14. Bitcoin Mining Gets a Breather: Difficulty...
Will Bitcoin ever trade below $27,000 again?
28.6.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin will ever be below $27,000 again. Have you missed your chance to purchase some sats at sub $30,000 levels?
Texas Bitcoin Miners Scale Back Operations Amidst Heat Wave
28.6.2023
Bitcoin (BTC) miners in Texas have halted operations after a heat wave and subsequent surge in elcetricity price put the state's power grid under pressure.
Crypto miners in the region as well as grid manager the Electric Reliability Council of Texas, or Ercot, have confirmed the pause in mining...
Crypto Miners Sent Over $1B Bitcoin to Exchanges Over Two Weeks: CryptoQuant
28.6.2023
Miners usually sell bitcoin at favorable prices to keep their extensive computing operations running
Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
27.6.2023
Coinbase has offered to lend $50 million to Hut 8, one of the world’s largest publicly traded Bitcoin (BTC) mining firms, the latter firm said in a press release....
Read More: Coinbase Offers $50 Million Loan to Crypto Miner Hut 8 in Preparations for 2024 'Halving'
Bitcoin Mining ‘the Highest User of Sustainable Energy’ New Data Reveals
27.6.2023
Bitcoin mining is the highest user of sustainable energy and has similarly achieved the highest increase in sustainable energy mix between July 2019 and June 2023, new data has shown. The data also shows that bitcoin mining’s emission intensity has declined from more than 500 g/kWh seen in July...
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
26.6.2023
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
26.6.2023
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said
Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news
23.6.2023
The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application
Bitcoin Miner Applied Digital Signs AI Hosting Deal Worth Up to $460M
23.6.2023
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal
Bitcoin Mining Operation for Pool Heating Sparks Debate at NYC Spa
23.6.2023
A Brooklyn-based bathhouse and spa sparked a debate after it revealed it was operating a small-scale Bitcoin (BTC) mining operation that heats its swimming pools.
In a Wednesday Instagram post, Bathhouse revealed that its pools are heated with byproduct energy from Bitcoin mining. ...
Read More:...
Bitcoin mining heats water in Brooklyn Bathhouse, users flip out
23.6.2023
The impact of Bitcoin mining on the environment remains a significant concern to many, leading to unfavorable responses from people opposed to its use
Bankrupt Bitcoin Miner Core Scientific Presents Chapter 11 Plan, Optimistic of Successful Revival
22.6.2023
The troubled US-based Bitcoin (BTC) miner Core Scientific has filed its reorganization plan under Chapter 11 of the US bankruptcy law, and now plans to convert debt to equity for creditors.
The filing was made in the Southern District of Texas on Wednesday, and shows that the mining firm...
Valkyrie Funds Joins Race for SEC Approval as It Files Application for Spot Bitcoin ETF
22.6.2023
On Wednesday, Valkyrie Funds, a Tennessee-based asset manager offering a bitcoin futures exchange-traded fund (ETF), a defi fund, and a bitcoin mining industry ETF, filed with the U.S. Securities and Exchange Commission (SEC) for the launch of a spot bitcoin ETF. SEC Flooded With Spot Bitcoin...
Bitcoin Miner Iris Energy Turns to High-Performance Computing Amid Rising AI Demand
21.6.2023
The Nasdaq-listed Bitcoin mining firm Iris Energy has announced its expansion plans to cater to the rising demand of data centers for AI.
The mining firm will expand to 9.1 EH/s (exahashes per second) and revitalize its high-performance computing (“HPC”) data center strategy, as per a press...