Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said. Go to Source Powered by WPeMatico
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Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news
The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application. Go to Source Powered by WPeMatico
Bitcoin mining heats water in Brooklyn Bathhouse, users flip out
The impact of Bitcoin mining on the environment remains a significant concern, leading to unfavorable responses from many due to its documented effects. Go to Source Powered by WPeMatico
CleanSpark buys two Bitcoin mining campuses for $9.3M
Bitcoin miner CleanSpark entered into a definitive agreement to purchase two turnkey mining campuses in the U.S. state of Georgia. Go to Source Powered by WPeMatico
Bitcoin miner Core Scientific files its Chapter 11 plan
The bankruptcy plan explained that on the effective date of the bankruptcy plan, holders of allowed DIP claims will receive full and final satisfaction of their claims. Go to Source Powered by WPeMatico
Binance launches Bitcoin mining cloud services amid SEC crackdown in the US
Crypto exchange Binance is currently selling 1 Terahash per second (Th/s) at $10.7280, which is split between the hashrate and electricity costs at $1.17 and $9.558 respectively. Go to Source Powered by WPeMatico
Bitcoin on-chain data shows miners offloading BTC as revenues shrink
Bitcoin miners have been selling BTC since the start of June, potentially adding further pressure to the BTC price. Go to Source Powered by WPeMatico
Tether’s game plan in El Salvador: Why invest in Volcano Energy?
Stablecoin issuer Tether is making a strategic investment in energy production and Bitcoin mining to support El Salvador’s adoption of BTC. Go to Source Powered by WPeMatico
Quantum miners would yield ‘massive’ energy savings for blockchain: Study
University of Kent researchers compared three quantum systems to an ASIC miner, and the quantum machines were demonstrably more energy efficient. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment
Volcano Energy said the funds would go toward developing a 241-megawatt power generation park. Go to Source Powered by WPeMatico
