Hut 8 signs deal to develop new mining site to build equity with Celsius creditors
Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and will be powered by more than 215 MWof energy. Go to Source
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Bitcoin fees hit 20-month high as miner revenues match $69K BTC price
Bitcoin miners are the main beneficiaries of current sky-high transaction fees, data shows, but many longtime market participants have little time for complaints. Go to Source
Blockstream targets continued Bitcoin miner surplus with series 2 BASIC note
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
Nym co-founder and Chelsea Manning discuss decentralization and privacy
Nym co-founder Harry Halpin and security and hardware consultant Chelsea Manning chat with The Agenda about privacy and the benefits of a decentralized VPN. Go to Source
ECB assesses environmental footprint of cash, sees room for improvement
In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own. Go to Source
$300M crypto long liquidations — 5 things to know in Bitcoin this week
BTC price action obliterates latecomers betting on continued upside as Bitcoin analysts and miners alike breathe a sigh of relief. Go to Source
Phoenix seals $380M deal with WhatsMiner for green Bitcoin mining
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
Core Scientific explains its latest bankruptcy plan ahead of court date
If approved, this third version of the plan will go into effect on Jan. 5, 2024, and see the company add 372 MW in capacity by 2027. Go to Source
Hut8 Mining operates as U.S.-domiciled entity following USBTC merger
Amid the delisting and relisting process, Hut8 shareholders received 1 New Hut common stock for every Hut 8 share held, an official announcement confirmed. Go to Source
Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift
Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on. Go to Source