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As bitcoin and the broader crypto market have surged, shares of publicly traded mining companies have seen substantial growth. Data shows that, in the last five days, stocks of many of these firms have experienced double-digit increases in value against the U.S. dollar. Publicly Traded Mining Companies See Major Uptick Publicly-listed firms linked to the … Read more
The Ethiopian state electricity company has reportedly signed power supply agreements with 21 mainly Chinese bitcoin miners. The African country’s pursuit of foreign exchange has seemingly taken precedence over the concerns often raised by climate change advocates. Ethiopia Set to Become the Preferred Destination for Chinese Bitcoin Miners Ethiopia’s state power company has entered into … Read more
According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21, 2024, reducing the block rewards from the existing rate of 6.25 bitcoins per block to 3.125 … Read more
The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025. Go to Source
Iris Energy will receive mining hardware orders from Bitmain in the first six months of 2024, taking its operational mining capacity above 10 EH/s. Go to Source
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets. Go to Source
In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own. Go to Source
The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1, 2024. Go to Source
Phoenix Group is acquiring hydro cooling mining equipment from WhatsMiner worth over $136 million, with the option of an additional $246 million purchase. Go to Source
Crypto mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange, with the stock opening at $0.6. Go to Source
