Auto Added by WPeMatico

Norway’s Finance Minister Thinks Local Bitcoin Miners Should not Pay Less for Electricity

Trygve Slagsvold Vedum – the Finance Minister of Norway – urged the government to scrap its crypto program that allows domestic bitcoin miners to pay a reduced rate on electricity.…

Continue ReadingNorway’s Finance Minister Thinks Local Bitcoin Miners Should not Pay Less for Electricity

Marathon Digital Reports $80 Million Exposure to Distressed Data Center (Report)

The US-based bitcoin miner – Marathon Digital Holdings Inc. – reportedly has exposure of more than $80 million in one of its hosting providers – Compute North. Two weeks ago,…

Continue ReadingMarathon Digital Reports $80 Million Exposure to Distressed Data Center (Report)

Increased Bitcoin Volatility as US Jobs Data Exceeds Expectations

The payroll and job reports from the world’s largest economy were slightly above expectations for September. However, BTC reacted with a sharp price decline, as it typically happens when the…

Continue ReadingIncreased Bitcoin Volatility as US Jobs Data Exceeds Expectations