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 […]
Bitcoin miner Marathon Digital Holdings said it has secured a $200 million line of credit from an undisclosed lender, according to an Oct. 15 statement. According to the company, the credit facility is backed by […]
Wall Street giant Morgan Stanley’s global head of research recommended chief investment officers (CIOs) to consider adding Bitcoin (BTC) mining stocks to their portfolios as new opportunities emerge in energy infrastructure, VanEck head of digital […]
Ethiopia is quickly becoming a key player in Bitcoin mining, with local operations already consuming 600 MW of power, Ethan Vera, the co-founder and COO of Luxor Mining, reported, citing data from Ethiopian Electric Power. […]
Ward Roddam, the Mayor of Rockdale, Texas, has highlighted Bitcoin’s crucial role in revitalizing the town’s economy. In an Oct. 7 op-ed, Roddam explained that the world is nearing a new economic era driven by […]
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Bitcoin (BTC) miners are demonstrating unwavering commitment as the network’s hash rate approaches an all-time high, according to a recent Glassnode report. The report noted that the 14-day moving average hash rate has climbed to […]
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Bitcoin mining difficulty climbed 3.6% on Sept. 11 to reach an all-time high of 92.67 trillion. CryptoQuant showed that the increase comes as miner profitability continues declining, further putting pressure on the firms struggling since […]
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