German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources […]
Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could increase carbon emissions by up to 2.5 million tonnes annually. […]
Riot Platforms CEO Jason Les revealed substantial interest from “blue-chip” companies looking to partner with the Bitcoin miner on AI and high-performance computing (HPC) initiatives. Speaking during the Oct. 30 earnings call, Les explained that […]
Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister of Energy Yevgeny Grabchak. On Oct. 30, the state news agency TASS confirmed the impending […]
Bitmain has issued a statement distancing itself from recent media reports linking the company to a supply chain investigation involving Huawei. The Bitcoin mining equipment manufacturer emphasized that it is not engaged in such investigations […]
Bitcoin miner Core Scientific expects to generate roughly $8.7 billion in revenue over the next 12 years, following an expansion of its hosting agreement with CoreWeave, according to an Oct. 22 statement. The company confirmed […]
Europe’s largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of a strategic shift to focus entirely on its rapidly growing AI Solutions business, according to […]
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. The steady Bitcoin trickle into the mainstream consciousness since 2009 mainnet launch had many cascading effects. First, it served as […]
After the Bitcoin halving took place in April, major Bitcoin miners have increasingly started choosing one of two strategies — either hodl the BTC they mine or gear up with artificial intelligence (AI). The BTC […]
Bitcoin’s hashprice has risen to a two-month high, exceeding $50 for the first time since mid-August, according to data from Hashrate Index. On Oct. 17, the hashprice hit $53.64, marking its highest point since Aug […]
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