Oman launches $370-million crypto mining center: Report
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, mainly dependent on oil export. Go to Source
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Renewable energy Bitcoin mining company powers up in Sweden
Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden. Go to Source
Gryphon Digital seeks court dismissal of Sphere’s lawsuit
Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere’s security failures. Go to Source
TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger
U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2. Go to Source
Bitcoin ETFs to push US slice of crypto ETF trading volume to 99.5% — Analyst
Approval of spot Bitcoin ETFs in the United States will likely push the country’s share of crypto ETF trading volumes even higher, says a Bloomberg analyst. Go to Source
Bitdeer, B. Riley Financial enter into agreement for $150M share purchase
Crypto mining firm Bitdeer reached an agreement with B. Riley Financial to sell up to $150 million of its Class A ordinary shares. Go to Source
Marathon Digital Q2 results miss revenue and earnings forecasts
Despite the earnings miss, Marathon’s CEO said it mined a record 2,926 Bitcoin over the second quarter of 2023. Go to Source
Futurama’s latest reboot takes aim at Bitcoin miners
The latest episode of the series, which first premiered in 1999, would have its audience believe humans (and robots) will still be mining Bitcoin in the year 3023. Go to Source
Core Scientific appoints Adam Sullivan as CEO amid restructuring process
The company claims to have seen a boost in liquidity in recent months and is expected to exit bankruptcy proceedings by September. Go to Source Powered by WPeMatico
Bitcoin miners need BTC price over $98K by the halving — Analysis
To avoid being in the red, publicly-listed Bitcoin mining companies will need BTC price to be at least $98,000 by the halving next year. Go to Source Powered by WPeMatico