Bookmarking Crypto Insights
Auto Added by WPeMatico
The Venezuelan government reiterated a nationwide ban on cryptocurrency mining as the country faces an energy crisis, with demand rising to record levels. Authorities attributed this peak in consumption to the economic growth and an ongoing heat wave. Venezuela Reiterates Crypto Mining Ban, Says Illicit Mining Activities Will be Sanctioned Cryptocurrency mining, as an energy-intensive … Read more
Core Scientific (NASDAQ: CORZ) is expanding its Oklahoma footprint through a $421 million acquisition of a neighboring bitcoin mining operation, as the company races to assemble gigawatt-scale power capacity for AI and high-performance computing customers. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The … Read more
Hut 8 (NASDAQ: HUT) shares jumped 30% in pre-market trading on Wednesday after the company announced a new 15-year AI infrastructure lease that expands its push into hyperscale data center development. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, … Read more
Hut 8 Corp. has entered into a $200 million, 364-day bitcoin-backed credit facility with Falconx, replacing its previous arrangement with Coinbase Credit. Key Takeaways: Hut 8 secured a $200 million credit facility with Falconx at 7.0%, replacing its prior Coinbase agreement. The deal unencumbered 3,300 bitcoin worth $260 million on May 1, 2026, signaling lower … Read more
This week, the Bitcoin network recorded its second consecutive difficulty reduction, easing another 2.3% on May 1 after the April 17 epoch posted a 2.43% decline. Hashrate has also trended lower, now resting beneath the 1 zettahash per second (ZH/s) threshold. Key Takeaways: Bitcoin difficulty fell 2.3% on May 1, marking 6 cuts in 2026 … Read more
Bitcoin miner Riot Platforms has deposited another 500 BTC, worth $38.24 million, to institutional custodian NYDIG, extending one of the most consistent miner-selling patterns of 2026. Key Takeaways: Riot deposited 500 BTC worth $38.24M to NYDIG, extending its sustained 2026 sell streak. The move adds persistent supply pressure from one of the largest publicly listed … Read more
The AI boom has increased demand exponentially, requiring cutting-edge infrastructure and high-efficiency technology to support grid resilience, ultimately reshaping how the digital future is built. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets … Read more
Mining pool F2pool confirmed it mined all 13 consecutive blocks needed to close Litecoin’s temporary chain split, which was triggered when an exploit of the network’s MimbleWimble Extension Blocks (MWEB) privacy layer allowed an attacker to fabricate an invalid 85,034 LTC pegout. Key Takeaways: f2pool mined all 13 blocks on the valid Litecoin chain, resolving … Read more
Canaan Inc. landed a follow-on order from Tether for custom high-density mining hash board modules set for deployment at a Tether-affiliated facility in South America. Key Takeaways: Canaan secured a follow-on order from Tether for custom hash board modules deploying to South America in 2026. The modular system, co-designed with ACME Swisstech, cuts operational complexity … Read more
Luxor Technology Corporation has expanded its LuxOS firmware to support MicroBT Whatsminer series miners and secured a term sheet for a strategic investment from MicroBT, paired with a $100 million hardware purchase commitment. Key Takeaways: Luxor Technology expanded LuxOS firmware to MicroBT Whatsminer miners, covering select M50 series models. MicroBT’s investment manager ITL signed a … Read more