Bitcoin miners send record $128M in revenue to exchanges
Bitcoin miners have sent up to 315% of their daily revenue to exchanges but BTC prices are yet to react. Go to Source Powered by WPeMatico
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BTC price up, fundamentals down? 5 things to know in Bitcoin this week
Bitcoin begins an “important” week for BTC price performance with $30,000 still intact at the weekly close. 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
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
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
Bitcoin mining firms keep building despite BTC mining profitability slump
Crypto mining firm CleanSpark has been aggressively expanding its fleet of mining machines this year, despite mining profitability being far from its all-time highs. Go to Source Powered by WPeMatico
Tether moves into Bitcoin mining in Uruguay
As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar. Go to Source Powered by WPeMatico
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation. Go to Source Powered by WPeMatico
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners. Go to Source Powered by WPeMatico